Bookkeeping in Bulgaria 2026: Monthly Fees BGN 120-350

The basics

Every Bulgarian company — OOD, EOOD, AD — must keep double-entry accounting in accordance with the Bulgarian Accountancy Act and either National or International Financial Reporting Standards. There is no "dormant" or "micro-exempt" company in the Estonian sense: from day one, books must be kept monthly.

Who can do it

• In-house accountant — only viable above a certain size
• External licensed accountant — the standard solution for founders
• DIY — legally possible only for self-insured persons, not for companies

Accountants must hold professional qualifications and personal liability insurance.

The monthly cycle

1. Send all invoices and bank statements to your accountant by the 5th
2. Accountant books transactions, reconciles bank, computes VAT
3. VAT return (декларация по ЗДДС) filed by the 14th of the following month
4. Intrastat (for EU goods trade above thresholds) filed by the 14th
5. VIES recapitulative statement for EU B2B services filed by the 14th
6. Payroll computed; salaries paid; social/tax filings by the 25th

Annual obligations

• Annual corporate tax return — by 30 June
• Annual financial statements filed with the Commercial Register — by 30 September (mandatory publication)
• NSI statistical reports — by 30 June

Audit thresholds (2026)

A statutory audit is required if any two of three are exceeded for two consecutive years:

• Balance sheet total > BGN 4 million (~EUR 2.04m)
• Net revenue > BGN 8 million (~EUR 4.09m)
• Average employees > 50

Most founder-led companies stay below.

E-invoicing & SAF-T

Bulgaria is rolling out SAF-T reporting in phases through 2026-2028. Large taxpayers first; small companies later. E-invoicing for B2B is on the legislative roadmap but not yet mandatory in 2026. Choose accounting software (e.g. Microinvest, Plus Minus, Ajur) that's already SAF-T-ready.

Realistic monthly fees

Company profile	Fee range (EUR/month)
Dormant EOOD	50-100
Small EOOD, <20 transactions/mo, no VAT	100-150
Small EOOD, VAT-registered, EU clients	180-300
5-10 employees, EU + UK + US clients	350-700
Mid-size with VIES, Intrastat, payroll	700-1,500

Records retention

• Accounting records: 10 years
• Payroll and personnel files: 50 years (yes, fifty)
• VAT documents: 10 years

Bottom line

Bulgarian compliance is rule-based and predictable. The cost is among the lowest in the EU, but the cycle is monthly and deadlines are strict. Hire a proper accountant before you incorporate — not after.

What bookkeeping actually costs in 2026

Fees track document volume, VAT status and payroll headcount rather than revenue. As a rough guide for English-speaking firms serving non-resident owners:

Company profile	Monthly fee
Dormant or pre-revenue EOOD	BGN 60-120
One-person consultancy, no VAT	BGN 120-200
VAT-registered service company	BGN 200-350
Ecommerce or multi-channel seller	BGN 350-700
Company with 5-20 staff	BGN 400-900 plus BGN 20-40 per employee

A full breakdown of what each band includes, plus the questions to ask before signing, is on our Bulgaria bookkeeping and accounting fees page.

The fixed filing calendar

• 14th of each month: VAT return, sales and purchase ledgers, VIES statement for EU B2B sales.
• 25th of each month: Declaration 1 and Declaration 6 payroll filings, with contributions paid the same day.
• 30 June: annual corporate tax return and payment of the 10% corporate tax.
• 30 September: publication of the annual financial statement in the Commercial Register, where anyone can see whether you filed. See how to read a register extract.

Common mistakes non-resident owners make

1. Assuming a dormant company has no obligations. Nil returns and an annual statement are still due, and an active manager still triggers social security.
2. Sending documents late. Bulgarian deadlines are statutory; your accountant cannot file what they do not have by around the 5th.
3. Ignoring VAT on cross-border services. Buying advertising or software from another EU state can create a registration obligation well below the BGN 100,000 turnover threshold. See the VAT registration guide.
4. Paying yourself only in dividends. A manager needs a payroll and social security base; profit distribution is taxed separately at 5%.
5. Choosing on price alone. A BGN 80 quote that excludes VAT filings and payroll is not cheaper once the add-ons appear.

Switching accountants

You own your primary documents and ledger data. Ask for the trial balance, filed VAT ledgers, payroll records and chart of accounts in exportable form, and move at a month end so no filing period is split between two firms.

Related reading: company formation cost, the Bulgarian EOOD explained, and the tax calculator.