Accountant & Lawyer for Your Company — Firmify Directory

When Do You Need an Accountant?

Every OOD or EOOD is required to maintain accounting records. Even a small company with minimal activity must:

• File annual financial statements — by June 30 with the National Statistical Institute (NSI, per the annual NSI order); publication in the Commercial Register is automatic when filed via the NSI system (from 1 January 2026), and application G2 is used only by JSCs and audited companies
• File an annual tax return — by June 30 with the NRA
• Submit VAT returns (if VAT-registered) — by the 14th of the following month
• Prepare payroll records (if there are employees)

Hiring a full-time in-house accountant is expensive for a small business. Outsourcing accounting is the standard practice.

How to Choose the Right Accountant

Specialization

Accountants have different specializations. Look for one familiar with your industry:

• E-commerce / SaaS — knowledge of VAT for digital services, OSS regime
• Construction — specific accounting, reverse charge VAT under Art. 163a
• Agriculture — subsidies, farmer registration

Price

Typical prices for accounting services in Bulgaria:

• Micro company without employees: 25–75 €/month
• Small company with 1-5 employees: 75–200 €/month
• Medium company: 200–500 €/month

Location

For small companies with few documents, location doesn't matter. More complex cases may require in-person meetings.

When Do You Need a Lawyer Instead of an Accountant?

For most EOODs and OODs, a good accountant is sufficient. However, there are situations where consulting a lawyer is advisable:

• Establishing a JSC (AD) or single-shareholder JSC (EAD) — more complex corporate structure, mandatory charter, and minimum capital of €25,000 (Art. 161(2) of the Commerce Act)
• Restructuring — mergers, acquisitions, spin-offs between related entities
• Legal disputes — labor, commercial, or tax litigation
• GDPR and data protection — obligations under Regulation (EU) 2016/679
• Intellectual property — trademarks, patents, licensing agreements
• Insolvency — when the company cannot service its debts

In the Firmify directory, you can also find lawyers with commercial law specialization. Filter by type "Lawyer / Law Firm" to see suitable profiles.

Firmify Platform — Professional Directory

Firmify connects business owners with approved accountants, accounting firms, and lawyers.

How it works:

1. Select a professional by type, city, and specialization
2. Send an inquiry describing your needs
3. Receive an offer directly from the professional

All professionals on Firmify are verified and operate legally.

Are You an Accountant or a Lawyer?

If you have an accounting firm or a legal practice and want to reach new clients, you can register for free in the Firmify directory. Fill in a short form with details about your practice, specializations, and price range. After approval by our team, your profile will be visible to all users.

Accountant's Obligations

The accountant you work with must:

• Meet the requirements for a compiler of financial statements (Art. 18 of the Accountancy Act) or be a registered auditor
• Prepare the GFO together with the company's manager — the GFO is signed by the compiler and by the manager
• Maintain confidentiality of client data

Open the accounting module →