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Business risk services
We provide the advice necessary to help you manage risk, realise opportunities and improve your business performance
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Transaction advisory
In times of rapidly growing business integrity, companies are often looking for a complex solution to an upcoming change in structure.
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Real estate advisory
Our Real Estate advisory team is multi-disciplinary with industry experience in residential and commercial development, real estate valuation and financing.
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Regulatory reporting
Our audit and regulatory reporting process is more than compliance. It's a business improvement tool to identify and resolves critical issues to add value.
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IFRS Reporting
Using IFRS can help increase the quality, comparability and transparency of your financial information.
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Audit technology
A key element in our global audit methodology is the use of cutting-edge technology.
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Audit methodology
Our audit methodology targets our audit efforts on those areas of your financial statements that represent the greatest risk.
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Audit services
One of the key elements that contribute to the high quality of services we offer is the development of innovative technology and software programs.
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Statutory bookkeeping and financial statements
Outsourcing your financial administration can be a move that has great benefits for you. It allows you to focus entirely on your core task and activities, while you know for sure that you are meeting legal and regulatory requirements in the most tax-efficient way. You can be assured that your administrative processes carry on, even in case of leaves, sick leaves or holidays.
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Payroll
We offer you access to our professional payroll specialists with years of international practice and extensive experience in applying all these requirements.
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Personal Income Tax Compliance
We to what you want to achieve and help protect your wealth in the most tax-efficient way.
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VAT Compliance
The VAT system in Bulgaria implies many challenges for tax optimisation, accompanied by a need to comply with Bulgarian and European indirect tax legislation.
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Transfer pricing
Tax authorities around the world are increasingly focusing on pricing and transfer pricing policies implemented by multinational companies.
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Corporate Income Tax Compliance
Minimising the risks of unfavorable outcome of tax audits as well as other administrative proceedings related to corporate taxes.
Your company delivers internal cross-border services and goods. But is your internal pricing method 'at arm's length' principle? Do you meet the requirements of the Bulgarian tax administration for the applicable documentation?
Transfer pricing is an area that affects most multinational companies. Tax authorities around the world are increasingly focusing on pricing and transfer pricing policies implemented by multinational companies.
For example, the Bulgarian tax administration would like to know why you are realising high revenue in other countries and whether this is justified. Are they not a result of work performed in Bulgaria?
We see that the tax authorities in different countries will ask for an adequate justification for the pricing methods you apply because each country wants its "fair share" of your corporate taxes.
Transfer pricing guidelines
The Organization for Economic Cooperation and Development (OECD) and the European Union are preparing more and more extensive guidelines for transfer pricing. As a result, national transfer pricing rules become stricter - the Bulgarian tax administration requires extensive transfer pricing documentation during tax audits and tax inspections and may impose fines if the applicable legislative requirements are not met.
This increased emphasis on transfer pricing poses a greater need for internal organisation and accurate reporting. This is because the burden of proving the correctness of pricing is in you as entrepreneurs.
Transfer Pricing Strategy
It is essential to implement a good transfer pricing strategy and to have sufficient documentation on the subject to justify the distribution of profit in the group even if the effective tax burden at the group level is "high"!
Our services
We can help you with:
- Preparing transfer pricing documentation (local and master files);
- Review of existing transfer pricing documentation and policies;
- Profit allocation within the group.
Besides, we can assist you and advise you on minimising risks in choosing and developing your transfer pricing model and policies.