Accounting for Companies in Plovdiv

Every company in Bulgaria is legally required to maintain accounting records. For EOOD and OOD in Plovdiv this means hiring an accountant or accounting firm — or keeping your own books if you have the qualifications.

Plovdiv is the second-largest city in Bulgaria, with a rapidly growing IT and industrial sector, with a variety of accounting firms serving both local and foreign companies.

Plovdiv (approximately 350,000 residents) is the second-largest city in Bulgaria, with a rapidly growing IT and industrial sector. The city has over 45,000 registered companies, making it an active business centre.

Key Industries:

• IT & Software Development
• Food & Beverage Industry
• Light Industry
• Tourism

Office Rents: Average office rents in Plovdiv are €5–12/sq.m., which is competitive compared to other cities in the region.

Bank Branches: DSK Bank, UniCredit Bulbank and Postbank have branches on Knyaz Alexander I St., Maritsa Blvd. and in the Trakia district.

Notary Offices: Notary offices are concentrated around Central Square, Rayko Daskalov St. and Shesti Septemvri Blvd..

When choosing an accountant in Plovdiv, consider the following:

• Experience with your type of business — IT, trade and services each have different specifics
• VAT competence — if you are or plan to be VAT-registered
• Online access — ability to work remotely and exchange documents digitally
• Reviews and recommendations — seek feedback from other entrepreneurs in Plovdiv
• Transparent pricing — a clear monthly fee with no hidden charges

Approximate accounting service prices in Plovdiv:

Key accounting obligations for a company in Plovdiv:

• Maintain accounting registers — journal, general ledger, trial balance
• Monthly VAT returns — by the 14th (if VAT-registered)
• Social security declarations — by the 25th
• Annual tax return — by 30 June
• Annual financial statements (AFS) — filed with the CR by 30 June