Accounting and Tax

Arcfin OOD provides the full range of services to maintain the accounting and tax records in good order, both for companies and individuals (self-employed persons, lessors, etc.).

Accounting Services

Review, setting in order and processing primary accounting documents
Maintaining synthetic and analytical accounting records
Maintaining ledgers for non-current assets and merchandise ledgers
Maintaining production records and cost calculation
Recording all business operations in accordance with the applicable accounting legislation
Preparation of financial statements in accordance with the applicable accounting standards (NAS or IFRS)
Preparation of financial statements in English

Tax Services

VAT registration and deregistration
Preparation and submission of monthly VAT registers (incl.VIES declaration)
Representation before tax authorities in the course of VAT refund procedures
Preparation and submission of income tax returns and withholding taxes declarations
Preparation of payment orders for taxes
Preparation of documents and guiding through the process of tax treaties application
Representation and reporting in the course of tax and social contributions inspections and audits

Payroll, Social and Health Contributions

Calculation of remunerations and related taxes and social contributions
Preparation of payroll ledgers
Calculation of the income taxes and the social contributions due
Preparation of payment orders for social contributions and taxes
Preparation and submission of monthly income tax and social contributions reports as required by law
Preparation and reporting statutory information for sick days
Preparation of labour and civil contracts
Preparation and submission of notifications for labour contracts (conclusion, changes and termination)

Other Services

Operating activity services - issuing invoices on behalf of the client, preparation of payment orders to suppliers, etc.
Preparation and submission of reports for the National Statistical Institute
Intrastat registration, preparation and submission of monthly
Intrastat reports Preparation and submission of reports to the Bulgarian National Bank
Filing declarations according to the Local taxes and fees act
Preparation and submission of declarations to the Labour Inspectorate
Publishing financial statements with the Commercial register
Submitting applications for statutory certificates with information for any outstanding liabilities to the tax authorities