English-Speaking Accountant in Sofia — Plameli Finance

An English-speaking accounting firm in Bulgaria

Setting up and running a company in a country whose language you do not speak fluently adds a layer of risk that has nothing to do with your business itself: a missed filing because a notice arrived in Bulgarian, or a decision made on a rough translation of a rule that no longer applies. We work with foreign founders and remote professionals across Bulgaria specifically to remove that risk. You speak with your accountant in English, and we take responsibility for translating Bulgarian requirements into concrete actions and deadlines.

Who we typically work with

Most clients fall into a handful of groups: founders opening an EOOD (single-member LLC) or another company form for the first time, freelancers and remote professionals registering as self-employed in Bulgaria, and EU, UK, or US-owned companies that need a compliant local presence without building an in-house finance function. We also work with digital nomads and relocators who are still comparing Bulgaria against other bases and want a clear, current picture of the tax regime before committing.

Bulgaria’s tax regime in plain terms

Bulgaria is known for a flat 10% corporate income tax and a 5% tax on dividends, alongside a flat 10% personal income tax — among the most straightforward regimes in the EU. Standard VAT (ДДС) is 20%. Minimum share capital for an EOOD or OOD is a nominal 2 BGN, roughly 1 euro, and incorporation at the Commercial Register (Търговски регистър) typically takes a few working days once the documents are filed. We walk you through how each of these applies to your specific structure rather than leaving you to interpret the general rules on your own.

EOOD setup and VAT (ДДС) registration

For most foreign founders, the practical starting point is deciding between an EOOD and operating as a freelancer, then handling registration itself. We prepare the incorporation documents, file them with the Commercial Register, and register the company for VAT (ДДС) where the business needs it, whether that registration is mandatory above a turnover threshold or chosen voluntarily. The exact threshold changes periodically, so we confirm the current figure and your obligations when we prepare your quote rather than stating a fixed number here.

Tax residency: what we assess, and what we do not decide for you

A recurring question from relocators and digital nomads is whether they personally become Bulgarian tax residents. This depends on individual facts — days spent in the country, where income is earned, and other personal circumstances — so we review each case individually during the consultation rather than promising a particular outcome. Where the situation is genuinely complex, we say so directly and point you toward the right next step instead of guessing.

The same case-by-case approach applies to founders who keep a company or income source in another country while living in Bulgaria. We look at how the two sides interact, flag the questions that matter for your specific setup, and tell you plainly when a point needs a formal opinion beyond what an accountant can certify.

Remote onboarding from anywhere

Our office is in Sofia, but the way we work is built for clients who are not. Incorporation documents, invoices, and bank statements are exchanged electronically, questions are answered by phone, email, or Telegram, and in-person meetings happen only when they genuinely add value. Whether you are based in another Bulgarian city, elsewhere in the EU, or further afield, onboarding and ongoing bookkeeping run the same way: through one accountant who is accountable for your company’s deadlines and answers you within 24 hours.