A dormant company doesn’t carry out commercial activity and has no incomes throughout the financial year (01 January – 31 December). A nil tax return and accounts (financial reports) of every inactive company have to be filled annually, including tax declaration (NRA), financial reports (Commercial register) and a declaration to the National Statistics Institute. For avoiding middlemen's commissions you should contact an accountant or an accounting company directly. NOMINAL Ltd can submit your dormant company’s documents to all tax authorities in every district in Bulgaria.
Dormant company complete service:
The dormant company complete service consists of 2 stages:
Stage 1 - National revenue agency and National Statistics Institute
• Preparation and submission of tax return to NRA;
• Preparation and submission of commercial inactivity declaration to NSI;
• Preparation of yearend accounts (annual financial reports).
Stage 2 – Accounts submission in Commercial register
• All companies have to submit their annual accounts (financial reports) to the Commercial register up to 30th of June on the subsequent year. The account consists of Balance sheet, Incomes report, Cash flows report, Capital report, Assets report and more than a dozen additional references, which have to be prepared only by a certified and experienced accountant in accordance with Accountancy Act.
