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Nothing great in the world was accomplished without passion

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Many people lose the small joys in the hope for the big happiness

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The future is now. It's time to grow up and be strong. Tomorrow may well be too late

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Don´t give up until you drink from a silver cup

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Accounting services

Accounting services

Bookkeeping (Monthly/Quarterly/Annual); VAT & VIES returns; Business Tax returns.
Tax services

Tax services

Tax compliance, Tax Strategies, analysis and advices on new projects.
Payroll services

Payroll services

payroll compliance, facilitating the relations with your employees, legal assistance.
Company creation

Company creation

Company creation in Bulgaria, set up your new entity with us in a few days.
Why Bulgarian company is a must for you?
Just have a look at those numbers:

Flat corporate tax


Dividend tax


Flat personal income tax

200 €

Monthly accounting fee


Yes, this is our average monthly fee for all inclusive accounting services.

400 €

Average salary


Yes right, this is the average salary for an office assistant in Sofia.


Yes, we are accounting & tax firm, but we’re constantly redefining how we can help our clients succeed. At Olsen and partners, it means going beyond what you would expect from any accounting and tax service firm in Bulgaria. Way beyond. Business, profits and taxes go together. You just can’t earn and live without caring even a bit for taxation. The accountants know how much money taxation can pull out of your profits and earnings and they are the right people to help you to optimize your taxation and increase your profits. At Olsen and Partners, we promise to be a partner who takes ownership of your dreams and decisively act on your behalf. That’s what separates Olsen and Partners from the many “customer distant” firms from which you usually have to choose.

Fiscal residence in Bulgaria

Here you can find frequently asked questions and answers based on our practice during the years we have served our clients in Bulgaria.

How much does it cost to create a company in Bulgaria?

Our flat fee is EUR 399 and it is an all-inclusive price. If you have a monthly subscription accounting services contract with us and prepay the subscription for 6 or more months then our registration fee is waived for you. If you don’t want to prepay for our accounting services we will reimburse 50% of the fee at the 13th month of your subscription period with us and 50% at the 25th month.

Let’s be honest. You can find many other companies who will do this procedure for less. We are dedicated accounting & tax firm with a personal touch to our clients. We’re going to provide you services at a superior level – above and beyond your expectations. Way beyond. This is why we have long lasting relationships with all of our clients.

How much does it cost to have an employee in Bulgaria?

The total amount for the employer is 17.4% of the income, please read details here.

What really whould be my benefit to have company in Bulgaria?

Have a look at the tax rates in Bulgaria:

• Corporate income tax: 10%
• Personal income tax: 10%
• Dividend tax for individuals: 5% (*0% where tax treaty is applicable)
• Dividend tax for domestic and EU companies: 0%
• Dividend tax for other foreign companies: 5 % (*0% where tax treaty is applicable)
• Withholding tax for some services: 10% (*0% where tax treaty is applicable)
• VAT: 20% (*0% within EU and 7% for hotels)
• Social charges (due from the employer): 17.4%
• Social charges (due from the employee): 12.9%


Olsen Passport is a unique concept that helps internationals smoothly and quickly establish a Bulgarian entity for doing business in the country. This concept is designed to fight any obstacle that may come on the way. Our team of experts is available to assist in every manner, so that our clients are left only to plug in their computers and go to work developing their new business in Bulgaria. The Olsen Passport can help you with:


Type of entity you need

Determining which type of entity is most suitable for you


Establishing a business entity

We will help you to create your new company easy and fast

Incubator-type office space for your first moments in Bulgaria

Staffing and executive search assistance

Legal and relocation assistance