Self-employment (Freelancer)
Accounting and consulting, self-employed income declaration. All persons who fall under § 1, item 29 of the additional provisions of the Personal Income Tax Act.
“Persons exercising a free profession” are: expert accountants; the consultants; the auditors; the lawyers; the notaries; private bailiffs; the jurors; the experts at the court and the prosecutor’s office; the licensed appraisers; the industrial property representatives; medical professionals; the translators; the architects; the engineers; the technical managers; the actors of culture, education, art and science; insurance agents; other natural persons for whom the following conditions are simultaneously present:
a) carry out professional activity at their own expense;
b) are not registered as sole traders;
c) are self-insured persons within the meaning of the Social Security Code;
Registration in the municipality under Art. 61 of the Law on Local Taxes and Fees (LTF), the activity is taxed according to LTF. (artisan, carpenter, etc.).
Income Tax, filling PIT tax return for freelancers.
VAT registration when it reaches BGN 50,000 or more for a period not longer than the last 12 consecutive months before the current month. If you wish, you can make a voluntary VAT registration, we will advise you to seriously weigh the pros and cons according to the company’s activity, estimated profits and others.
Tax advice, accounting services for freelancers
- Registration with NAP within 7 days from the start of the activity after registration in BULSTAT;
- Calculation and declaration Social security and health insurance contributions;
- Calculation and declaration advance payments during the year;
- VAT registration;
- Declaration of PIT return under Art. 50 of the from Personal Income Tax Act;
- Amending PIT return under Art. 50 of the from Personal Income Tax Act;