Friday 21 November 2014

Olsen and Partners- A Reputed Accounting Company in Bulgaria


If you are looking for an accounting company in Bulgaria, you can rely on Olsen and Partners, which is a reputed accounting and tax firm.
We are determined to help our clients succeed in their businesses and get maximum profits. We believe in offering the most trusted and cost effective services that help you save a huge amount of money. Like a partner, we help our clients perform to their best level and save a huge amount of money. Olsen and Partners have an edge over other companies. 

We, being a reputed company in Bulgaria, help prospective small business owners start their businesses and manage their accounting and taxes. We ensure that businesses can have enough time and resources to focus on their products and clients. We are a client-focused company that stresses on complete customer satisfaction. Besides helping people build companies, we also help in building products, and creating jobs.

Using our extensive experience and resources, we deliver concise, clear, and intelligent tax and financial strategies. We are deeply committed to our clients and offer them the most efficient accounting solutions. From the initial consultations to throughout our business relationship, we offer thoroughly professional services. Offering personalized services is our priority. Whether you need payroll services, accounting, or taxation services, we help you fulfill the complicated requirements. With our personal approach, we offer the most satisfying services and nurture strong business relationships. You will find our services beyond your expectations. By visiting our website, you can check out how we stand differently than any other competitive company in Bulgaria. 

With our expertise and professional staff support, we help prospective business owners set up company in Bulgaria according to the standard laws and regulations. To know what our clients think of us, check out the testimonials on our website. Rely on us for personal finance management and an array of other accounting services. To know more, please visit www.olsenandpartners.com.

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Friday 7 November 2014

Common Ways to Create and Register a Company in Bulgaria




If you wish to create a company in Bulgaria, you are required to apply at the Bulgarian District Court for registration at the special Commercial Register kept by the Court. It is from the date of entry that you are authorized to conduct whichever economic activity you wish to commence. The best part is that the Bulgarian government gives the allowance to foreign investors to operate through joint ventures, wholly owned subsidiaries as well as branches in Bulgaria. The business owners/merchants have the following options to create a company in Bulgaria:
  • Sole proprietorship: An individual who has a permanent residence in Bulgaria and conducts trading regularly can be a sole proprietor.
  • Limited partnership: In this, one or two partners have limited liability.
  • Unlimited partnership: All partners are equally liable for the debts of the company.
  • Stock Corporation: Atleast two persons are needed to create this legal entity. The capital of the company is divided into shares.
  • Public company: A company that makes primary offering of shares or has its shares registered for trading may register as a public company.
  • Joint venture: It is jointly formed by a Bulgarian and a foreign partner, and is one of the most common forms of investing in Bulgaria.
  • Public limited partnership: In this, the limited partners own stock equivalent to their participation in the company.
Besides the above mentioned ways of getting a company registered, there are a few more, although not very common;
  • Branch
  • Representative Office
  • Limited liability company
  • Cooperative
  • Holding
For foreign investors, direct ownership of land is prohibited; however, they are permitted to own buildings and have limited rights over immovable property.

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