Additional services

The Elvada Accounting Company offers a wide range of additional services that are not part of the monthly accounting service and have an individual price in according with a set price list. In order for us to undertake and provide these services a request must be made by the client.

What do we offer?

  • Incorporation of a company
  • Registration of a company under the Value Added Tax Act (VAT Act)
  • Deregistration of a company under the VAT Act
  • Procedure for the liquidation of a company
  • Preparation and submission of personal income tax declarations under Ar. 50 of the Personal Income Tax Act

„It is with great pleasure that we recommend the Elvada Accounting Company, which has been providing accounting services to the Fly2Sky group of companies for the past two years.

During this period, The Elvada Accounting Company has provided us with an unparalleled and exceptional service, demonstrating professionalism, attention to detail and a deep understanding of our accounting needs and requirements. Their professional expertise has significantly contributed to the financial precision and regulatory compliance of the companies from our group.

I would like to express our sincere gratitude and acknowledgment to Ms Elena Rusinova, Owner and Managing Director of the Elvada Accounting Company, for her exceptional support and dedication. Her leadership and personal involvement ensured that our expectations were not only met but often exceeded. On the basis of our experience, I would not hesitate to recommend the Elvada Accounting Company to any organisation seeking reliable and professional accounting services.”

Sheriff Paduvil

Vice President of Finance

„We have been working with the team at Elvada Accounting Office since May 2024. During this brief period of collaboration, I would like to express our gratitude for the professionalism with which diligently perform their work. They swiftly and precisely transferred the data from the accounting program used by the companies that are managed and governed by Interpred-STC Sofia to the software product that they utilise.

The efficiency and expediency with which they work and their adherence to all relevant deadlines makes them a highly desirable and sought-after partner in the field of accounting services.

It is with great pleasure that I recommend the Elvada Accounting Company to businesses that are in need of professional accounting services.“

World Trade Centre – Sofia (Interpred)

Miroglio Real Estate 1 JSC

Miroglio Real Estate 2 JSC

„The Elvada Accounting Company employs and provides a highly qualified team in the fields of accounting, taxation and legislation. The management team of the company is of the highest professional standards and qualification. During the course of our collaboration and work, all agreed upon activities with the “Elvada Accounting Company” have been carried out in a timely manner and performed with a high level of quality.“

Claire Marguerita

Financial Controller at Dalkia Bulgaria JSC

“We are thoroughly satisfied from our cooperation with the Elvada Accounting Company, with the work that has been performed, the competence of the employees in resolving issues and problems that arose during the work process.”

Diego Baratti

Owner and manager

„For our commercial activities and operations in Bulgaria, we rely entirely on the professionalism of the Elvada Accounting Company Ltd. services for the handling of our companys’ accounting, payroll and taxes. Tothe present moment, we have always been provided with timely and accurate services and support, and all deadlines have been strictly adhered to. We recommend the Elvada Accounting Company as a reliable partner to anyone in need ofprofessional accounting services.”

Mladen Spasoff

Financial Manager

„Exceptional professionals who treat every client with and individually and thoughtful approach. A young and professional team of experts whom we have trusted  and relied upon ever since the very inception of our company. Working with the team of the Elvada Accounting Company is easy and effortless, they keep up with the latest technological developments and are always informed about changes and updates in the legislation related to the specific area of work.“

Donka Kosturska-Nikolova

Manager

“The Elvada Accounting Company is a trusted and reliable partner of ours, thanks to whom we can smoothly and easily navigate the entire work process while dealing with a wide range of different situations and resolving various issues.  They offer not only professional services, but are also genuinely and personally committed to finding solutions to any problems and issues that may arise. The team of the Elvada Accounting Company provides us with security and saves us time, that we can use to focus on developing our businesses.  In the Elvada Accounting Company , we have found precision, a personalized approach,  attention and commitment, as well as a high level of digitalization, which greatly facilitates the work process.”

Yuliana Borisova

Manager

„I have been working with the Elvada Accounting Company ever since it was established for more than 18 years now. Throughout the years, the company has provided professional and reliables services for all my business ventures. During this time, the team at the Elvada Accounting Company has always been an extremely valuable and reliable partner by  being both competent and supportive to the needs and requirments of my business.“

Iliya Iliyev

Owner and manager

„An exceptionally reliable and dependable partner. Excellent communication with the company staff, resulting in a highly effective collaboration.“

Sofia Dangova

HR and Finance Manager

„For more than 10 years, I have been working with Elena Rusinova and the team at the Elvada Accounting Company. With them, you will not only find professionals, but also people who will assist you with dedication, care and understanding when facing challenges and difficult moments. Every day, they adhere to the motto: “With care and dedication for you!” This is a dedicated and cohesive team with a youthful spirit. Trust them and you will not regret it!“

Andrea Momerin

Owner and manager

“For more than 4 years, our partner and accounting consultant has been the Elvada Accounting Company Ltd. Throughout the years, we have always received high-quality accounting services and reliable weekly reports related to the specifics of our business. I recommend the Elvada Accounting Company Ltd. to anyone who needs expertise, professionalism and precision in accounting services.”

Dr Emil Spasov

Owner and Manager

„During the course of our contractual relations, the Elvada Accounting Company has successfully, competently and in accordance with the statutory deadlines fulfilled its obligations in relation to the commitment of provided subscription accounting services to our companies.“

Chang Bong Kim

Executive Director

„For two years of working together, we have been convinced of the professionalism, correctness and integrity of the Elvada Accounting Company in execution of the commitments that it has undertaken. We would like to express our exceptional satisfaction with their swift, efficient, and professional communication and services. The Elvada Accounting Company is our primary partner on the path to optimisation and transformation through the innovative digital solutions that they provide in the field of labour and employment relations management. We also highly appreciate the fact that the Elvada Accounting Company follows closely all changes and developments related to the labour legislation and provides us with expert and professional advice and consultations on labour related legal issues.

Being convinced of the expertise, professionalism and high quality of the services provided by the Elvada Accounting Company in the field of labour and payroll activities, highly appreciating the opportunities for implementation of their digital solutions, as well as based on the proven relationship of correctness and loyalty during our partnership, we highly recommend the Elvada Accounting Company as a reliable partner in the field of labour and payroll services.“   

Dimitar Nikolov

Manager

„I have been working with the Elvada Accounting Company for more than 4 years. They were recommended to me by a friend, and it all started with a brief but very useful consultation.

Then, when I decided to set up my own company, which I run as a freelancer, I entrusted them with the entire company registration process and accounting services.

During this whole time, I have been exceptionally satisfied with their accounting services – I can always count on them for reliable advice and meticulously accurate accounting (we have not received  a single comment or remark from the NRA, NSSI or any other institution).

In this way, I can focus on my primary business activity, while knowing that the accounting and accounting documentation are in the right and capable hands.”

Daniel Nikolov

Owner and manager

„I highly recommend the services of the Elvada Accounting Company and Elena Rusinova in particular, who has consistently assisted me with my annual tax returns over the previous few years. My situation is unique, as it involves assets such as shares (RSU & ESPP) that I have acquired through my employment with an American company.

In  this accounting company they always approaches all tasks and undertakings with exceptional professionalism and attention to detail, while explaining everything in a clear and understandable manner. The process runs smoothly, and the tax declaration is always prepared flawlessly and on time.

For anyone who values their time and doesn’t want to become an expert in everything, the Elvada Accounting Company is the right choice.”

Alexander Savov

„We have been working with Elena Rusinova’s team since 1 July 2020 and for nearly five years now we have always been receiving high-quality services in the areas of accounting, finance, payroll and fiscal consulting. We are provided with quick and timely information about any and all changes in the legislation, new requirements for companies and the necessary documents. The employees work efficiently and respond promptly to our daily queries, always providing competent advice and opinions.

One of the greatest advantages of the Elvada Accounting Company Ltd. is its focus on and constant adaptation to the new technologies that  are emerging. The digitalization of the platform for our team has enabled us to more efficiently manage the primary accounting documents and work in a fully digital environment.

We are pleased to recommend the Elvada Accounting Office Ltd. as a reliable partner to anyone who needs professional accounting services.” 

Maria Angelova

Manager

Frequently asked questions

  • Is an accountant necessary for the execution of a liquidation procedure, or only a lawyer is needed?
  • What is necessary for the registration of a company under the VAT Act?
  • What is necessary for the incorporation of a company?
Is an accountant necessary for the execution of a liquidation procedure, or only a lawyer is needed?

For the execution of a liquidation procedure of a company both a lawyer and an accountant are required.

The lawyer is to carry out the legal part of the liquidation, while the accountant undertakes and handles the accounting and tax aspects of the procedure.

The liquidation procedure commences with the submission of a request for the issuance of a certificate of notification to the territorial directorate of the National Revenue Agency under Art. 77, par. 1 of the Tax and Social Security Procedural Code. The same is attached to the application for registration of circumstances that is submitted to the Registry Agency and is a required prerequisite and condition for its consideration.

The accounting department has the obligation to prepare an opening balance statement at the date of commencement of the liquidation, to record all business transactions in the liquidation and to prepare a closing balance statement.

What is necessary for the registration of a company under the VAT Act?

In order to have a company registered under the VAT Act, an application for registration under the VAT Act must be submitted to the National Revenue Agency with the relevant reason for the request for registration. The registration may be obligatory, upon reaching the compulsory registration threshold, or upon the occurrence of certain circumstances, or it may be optional. 

The Elvada Accounting Company can prepare all the necessary documentation and carry out the VAT registration of your company.

What is necessary for the incorporation of a company?

The Elvada Accounting Company offers the service of incorporation of a company by preparing all the necessary documents and documentation, assisting with their signing and certification, following the entire process to its completion, i.e. the registration of the newly established company in the Commercial Register. 

For us it is important to consult the clients about the peculiarities in tax and social security legislation and what could be their potential the effects and impact on the business that the company starts.

The Elvada Accounting Company offers administrative services in addition to the work done with its clients. The administrative services are related to the assistance and support that can be provided for the processes of administration in activities that related to the accounting of the companies. Such can be online banking, issuance of proforma and original invoices, etc.

We believe it is extremely important to advise our clients in advance, discussing all future business ventures to ensure their correct and optimal tax planning.

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