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Post by maxmataz on Mar 25, 2009 9:10:45 GMT
I opened an (EOOD) last year as I was buying a property but it fell through (problems this end) Do I have to pay any taxes on this company or register each year etc etc
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Post by TheTravelBug on Mar 25, 2009 17:40:46 GMT
If no registered company then no company exists so no taxes to pay. If you mean you completed company set up and just did not go ahead with property purchase, then you still need to do annual tax account and this has to be published. Will be no tax to pay but accountants fees. Deadline is 31st March or heavy fines.
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Post by stephtab on Dec 21, 2010 23:55:56 GMT
I own one village house in Bulgaria and as I understand the Annual Tax Declaration (ATD) for year 2010 is due from January to March 2011 to be submitted.
The agent requires payment or accountant's fees for the service that includes publishing the ATD at the Commercial Registry as well all necessary documents regarding to this obligation.
Does anyone know how much roughly the going rate to do this is? My agent asks for £200, is this to much?
Also do you have any tips of what I should be doing within this process that would benefit my property and save me money? The property is unoccupied, after renovating will be used as a holiday home.
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Post by TheTravelBug on Dec 22, 2010 6:54:44 GMT
It really depends on your account/solicitor as to the cost. I pay around 150 levs a year for a nil tax return. So around 75 Euros. However on top of this you are likely to need to give the agent power of attorney if you have not already done so to sign on your behalf.
Not sure what you mean by tips to help with this process that would benefit your property and save you money. There is nothing you can do to save money on your annual accountancy fees except maybe find a different accountant, a cheaper one.
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