Services
ACCOUNTING SERVICES
- An individual monthly subscription including:
- A personal consultant acting as chief accountant
- Personal operational accountant responsible for the daily accounting and financial performance of the company
- Personal Payroll Specialist
- Daily provision of business advice in the fields of accounting, taxation, finance and commercial law
- Access to the knowledge of experts 24/7 taking care of your business
LABOR AND PAYROLL SERVICES
- Employee administration
- Preparation of labour and freelance contracts
- Preparation and Administration of leaves and sick leaves, labour and freelance contracts
- Preparation and submission of payment orders to the bank
- Loading bulk payment files
- Preparation of payrolls
- Carrying out audits
VIRTUAL ASSISTANT
- It is an opportunity to organize your office without the need to rent premises and employ administrative staff. By saving you time and money, we provide you with a prestigious address and a qualified team representing your company to your contractors and institutions. We offer highly qualified Virtual Assistants. Hiring a virtual assistant is an ideal way to deal with paperwork and deadlines or ease routine tasks. This type of service reduces excess costs in companies. They are reduced to a minimum and you have time for your business. The Virtual Office always has a representative to liaise and communicate on your behalf.
- We provide you with an office address for correspondence with the National Revenue Agency.
- Receiving government officials and signing documents for which we are authorized
- You have an office address that you can use as a tax address. You can write it on business cards, forms and correspondence with all government institutions.
- Receiving and sending letters and parcels to the addresses specified by you
AUDITING SERVICES
- Internal Audit. Financial analysis of your company.
- Independent Audit of enterprises for which this requirement is established by law.
ANNUAL FINANCIAL REPORTS
- Verification of compliance of accounting operations with international and Bulgarian accounting standards.
- Preparation of all mandatory reports and references according to Bulgarian legislation.
- Preparation of statistical reports.
TAX RETURNS
- Prepare and submit annual tax returns for native and foreign legal entities and individuals.
- Preparation and submission of tax returns for paid dividends
- Preparation and submission of declarations to avoid double taxation (Agreements for the avoidance of double taxation)
- Intrastat
- Preparation and submission of declarations under the Law on Local Taxes and Fees
ACCOUNTING FOR RETAIL TRADE
Retail accounting has several peculiarities and requires a competent professional to synchronize the store’s activities with the regulations. Experta Accountancy and Taxes has the experience and resources to ensure the successful development of your business.
An effective accounting organization system plays an essential role in the smooth functioning of any company, but in the retail industry, it is a key factor because the inventory turnover of one shop is much more significant than in other industries, and the sales volume is also difficult to be predicted.
To provide its clients with peace of mind about the financial aspects of their business and a basis for growth, Experta’s team applies an individual approach. It adapts the accounting to the specifics of the specific commercial activity.
To achieve maximum efficiency, we work with specialized software developed to maintain and process data related to retail accounting. Accounts, registers and analytical reporting can also be customized according to the client’s needs.
To ensure that Experta is the right solution for your accounting, do not hesitate to contact us for a consultation and an offer.
WHOLESALE TRADE ACCOUNTING
For our team, the trade principles are valuable as a whole. We do not divide traders into “retail traders” or “wholesale traders”. The experience of our experts and specialists also includes accounting services for wholesalers. With our help, the decisions wholesale business owners need to make about managing their company’s growth and profits will be more efficient and consistent with the current regulatory requirements.
Here are some of the services we offer to wholesalers:
- Assistance and ongoing monitoring of your business to maximize profits
- Preparation and submission of annual financial reports and tax returns
- Assistance in developing strategies to achieve specific goals and optimize your business
- Monthly financial report
- Assistance in working with staff, assistance in supervising key employees
- Proposals for tax optimization
- Discussing current issues and solutions to fight against the competition
- Cash analysis and proposals for increasing cash flows
- Preparation for audits, inspections, and financial audits, for maximum convenience for you, because we value your time.
ACCOUNTING OF HEALTH FACILITIES
For your healthcare accounting needs, our team has the experience and knowledge to achieve your goals. We will give you the right advice and thus save you valuable time. Because of the global pandemic and its consequences, our society is increasingly aware of the importance and power of medicine. We are ready to meet your needs and help your work focus only on your mission – saving and protecting human lives. Leave the rest to us!
Our office handles the accounting of outpatient care facilities such as outpatient primary care clinics, laboratories, dental centres, and inpatient care facilities.
We have experience organizing and reporting on the construction of a medical facility through an investment company registered under the Value Added Tax Act and recovering VAT on the investment made. Our specialists are proven in the overall construction and maintenance of a high-ranking medical facility.
Our experts have also proven their professionalism in servicing medical structures operating through a company managed by a medical professional, providing healthcare services and not registered under VAT.
ACCOUNTING OF PRODUCTION ENTERPRISES
It is essential to form the cost of the manufactured products correctly. For this purpose, the types of production costs (direct and indirect) and their allocation must be considered. Some of the costs are included in the cost of production, while others are allocated for administrative purposes. We will offer you individual analytical reporting compliant with the specific features of your business and the manufactured goods.
For you, it is primarily the organization that is important for a production process to run successfully. We will take care of that. We will organize the receipt and inventory of the finished products and all the elements accompanying the production, such as waste or work in progress.
We will give you excellent and timely advice on exporting your products. We will help with ideas to optimize your production for maximum competitiveness in a flexible market. We are living in global pandemic years, so your business needs to be agile and responsive to the ever-changing environment.
Our over 15 years of experience in bookkeeping for manufacturing companies allows us to ensure that business managers achieve optimal results in terms of minimizing production costs and business taxation.
ACCOUNTING SERVICES FOR RESTAURANTS AND HOTELS
It is essential to form the cost of the manufactured products correctly. For this purpose, the types of production costs (direct and indirect), as well as their allocation, must be taken into account. Some of the costs are included in the cost of production, while others are allocated for administrative purposes. We will offer you individual analytical reporting compliant with the specific features of your business and the manufactured goods.
For you, it is primarily the organization that is important for a production process to run successfully. We will take care of that. We will organize the receipt and inventory of the finished products and all the elements accompanying the production, such as waste or work in progress.
We will give you adequate and timely advice on exporting your products. We will help with ideas to optimize your production for maximum competitiveness in a flexible market. We are living in global pandemic years, so your business needs to be agile and responsive to the ever-changing environment.
Our over 15 years of experience in bookkeeping for manufacturing companies allows us to ensure that business managers achieve optimal results in terms of minimizing production costs and business taxation.
EURO FINANCING SERVICES
At Experta Accountancy and Taxes, we always strive to develop our portfolio of services to offer our clients up-to-date business opportunities and practical solutions. We always optimize our processes and keep up with the time and economic challenges.
In partnership with leading companies in our field, we provide consultancy services and support for funding measures with European and national funds.
The services we can offer jointly are preparation, coordination, management, and reporting of projects financed by the European Structural Funds, the European Social Fund, international grant programs and external donor funds.
Our goal is to offer a comprehensive service to our clients at a professional level and to achieve the desired results together.
ONLINE STORE
- Developing a website that will digitize your business;
- An online store to reach new customers from all over the world 24/7
- Conducting advertising campaigns to inform potential customers and generate sales;
- Maintenance of your site/shop so that it is in good working order and updated according to the latest requirements.
DROP SHIPPING
Drop shipping is a popular business model where the seller (drop shipper) doesn’t physically own the product and doesn’t have it in stock but offers it to the customer. He advertises it and in the case of a realized sale, with the money received from his client, he buys it from its supplier, who must deliver it.
Thus the Drop shipper can make sales from anywhere in the world quickly and easily. The popularity of this type of business practice stems from the fact that its model is defined as risk-free and does not require a sizeable available start-up capital. The realized profit from the activity is based on the difference between the wholesale price (manufacturer) and the retail price (buyer).
Experta Accountancy and Taxes offers its clients the maximum variety of accounting and financial services. We are ready to assist you with accounting drop shipping transactions.
WHAT IS DUE DILIGENCE?
Due diligence is researching a person or company before signing a contract or financial agreement. It is most commonly used in a company merger, acquisition or takeover.
In addition to being a business term, Due Diligence became a phrase more generally associated with “doing your research. “
What do you need to know about Due Diligence?
Due Diligence is first used in the U. S. Securities Act of 1933, which required dealers and brokers to disclose relevant material about the securities they sell to protect buyers.
The due diligence process generally involves examining a company’s or an individual’s financial and business records to ensure that there are no discrepancies between what is stated and what is true about the business in question. This includes:
- conversations with staff and the management
- visiting the place of business
- checking customer lists
- checking the condition of the equipment/ the facilities and all Fixed Assets
- examination of all documents for the company's liabilities
- verification of existing or lawsuits
An accountant and a lawyer are usually engaged to validate this data.
If a company buys another company without due diligence, it becomes vulnerable to hidden liabilities and finances.
LEGAL ADVICE
Our agency carries out its legal activities through partners providing comprehensive legal services to commercial companies and citizens.