How much should an accountant cost in Bulgaria — freelancer vs a small EOOD?
Asked by Dave · August 14, 2026
I've had quotes ranging from €40 to €350 a month for accounting in Sofia and I can't tell what's fair. I'm a Belgian consultant deciding between freelance registration and an EOOD (roughly €55k revenue, no employees, EU clients so some VAT filings either way). What do accountants realistically charge for each setup, what should be included at those prices, and what are the signs of someone worth paying a premium for?
1 Answer
Melssa TeamMelssa teamAug 14, 2026
The spread you got is normal because quotes mix different service levels. Here is the honest market map.
As a freelancer: your bookkeeping is genuinely simple, and with EU clients your recurring need is the monthly Article 97a VAT and VIES filings plus contribution payments. Fair pricing in Sofia: 40 to 80 euro a month all-in, or some freelancers pay per-piece — a monthly filing fee plus 100 to 250 euro once a year for the annual tax return and contribution equalization. Quotes above 100 a month for a no-employee freelancer are Sofia-center pricing for English-speaking service, not more service.
As an EOOD: real double-entry bookkeeping, corporate tax return, annual financial statements and publication. Without VAT registration, 80 to 150 euro a month is fair; with VAT filings (which you would have), 120 to 250. Watch for the two standard extras: annual closing is often billed as a 13th monthly fee, and payroll runs 10 to 20 euro per person per month if you ever hire. At 350 a month for a one-person EOOD, someone is charging you a multinational's rate.
What separates accountants worth a premium: they are registered as your electronic representative with the NRA so filings and checks happen without you; they answer within a day or two in decent English; they proactively tell you about deadline and rule changes (like the recent VAT threshold changes) rather than reacting; and they will put advice in writing. Interview two or three, ask specifically who files, who is liable for errors, and what is excluded from the monthly fee. And decide the freelancer-versus-EOOD question first, since it halves or doubles the bill — the framework is at /guides/bulgaria-freelancer-vs-company-eood.