GA book
GA Book is a fast growing company specialising in accounting, tax and legal advisory services. The team offers quality accounting, tax and legal advisory services to clients both in Bulgaria and EU partners.
Our services include:
Accounting services
Online (digital) or standard
Financial Audit
Payroll and HR
Forward financial analysis and optimization
LEGAL SERVICES
Individual reporting
Tax and legal services
Company registration and liquidation
Our services are customized according to the client's needs.
Time saved during the year when GA BOOK is your accountant
Average annual savings if you switch to GA BOOK services
Average number of printed pages saved by GA BOOK digital services
HOW DO WE WORK?
EASY START
Sign a contract and authorize us to be your accountant.
EASY exchange of Documents
You can issueinvoices for free from our platform and send us only your expense documents иwhether to or send us All documents via email or share point. We will do the rest.
Excellent result
Rest assured so your taxes are reported on time and you are up to date on your finances.
Business areas in which we have in-depth expertise
IT Companies
Online commerce and e-commerce
Manufacturing and trade
Insurance companies
Artistic companies in film, theatre and copyright
Why choose GA Book accounting firm?
Basically, accounting science examines what has happened in the past period to a client's business. Of particular importance to us is the analysis of future business processes prepared based on accounting data. We insist on high quality accounting, tax and legal services as well as analysis from the accounting data presented in a language our clients can understand.
With us you will find individual treatment and professional solution!
We are a member of the ACLU and BESCO
Frequently Asked Questions (FAQ)
What is the price for monthly accounting service?
In order to get the fairest price for servicing your business, you should evaluate the operations that take place in your company. This is necessary to eliminate the risk of a situation where you receive a low monthly fee and additional charges for activities not specified in the initial conversation.
When should I register for VAT?
Any taxable person established in the territory of the country with a taxable turnover of BGN 100 000 or more for a period not longer than the last 12 consecutive months prior to the current month is obliged to apply for registration under this law within 7 days from the expiry of the tax period during which it has reached this turnover. Where the turnover has been reached for a period of not more than two consecutive months, including the current month, the person shall submit the application within 7 days from the date on which the turnover was reached.
My company does not have a turnover of 100 000 BGN, but I receive invoices from EU and non-EU companies, am I subject to VAT registration?
Any person who receives services from foreign contractors and these services have a place of performance in Bulgaria is subject to registration under Article 97a of the VAT Act. This means that you will not pay VAT on your sales, but only on the value of the service received.
Can I deduct the expenses of food purchased in the office for employees or meetings with clients and partners?
Expenses that are given for dinners, food and beverage consumption, business luncheons, parties, hotel expenses for accommodating company guests, purchasing gifts, flowers, etc. are treated as entertainment expenses. The legislation does not allow a tax credit related to these expenses and, in addition, obliges companies to subject them to a 10% tax, which is declared and paid with the submission of the annual tax return. The tax paid on the company's representation expenses is a tax-deductible expense and the company reduces its tax base for corporation tax purposes.
Where should I pay VAT if I sell through an online shop to end customers in the EU?
As of 01.07.2021, a change in the VAT treatment of intra-EU distance sales has been introduced and the change is that e-shops should pay the VAT due on their sales to non-taxable persons in the Member State of consumption and at the VAT rate in that Member State. There is a possibility to tax these sales in the territory of the country if the sum of sales from all countries does not exceed in the current calendar year and did not exceed in the previous calendar year EUR 10 000 or their equivalent in Bulgarian BGN.