Bulgaria



World Tax Reviews

Tax
Delchev & Partners

The Bulgarian law firm has an expansive tax legal service offering specialising in indirect tax. The tax practice has in-depth experience in litigation and dispute resolution. Veselina Petkova is the tax partner leading the practice.  

Veselina led the team advising VTG Rail Europe during its VAT assessment on the client's Bulgarian operations.

Deloitte

The Big Four full-service tax practice has experience assisting a variety of large multinational firms with inbound and outbound related tax matters. The tax team has a breadth of knowledge and experience in many industries including energy and real estate. Tax partner and leader of the tax practice, Georgi Simeonov, has more than 15 years of experience in taxation, direct and indirect. In September 2022, tax partner Alexander Cherinko joined the team from Deloitte Ukraine.   

In the third quarter of 2022, Deloitte Bulgaria carried out the tax due diligence for one the largest Bulgarian food and beverage producer on the buy-side and sell-side from its two separate independent tax teams.

Djingov Gouginski Kyutchukov & Velichkov

The full-service law firm assists multinational companies in all tax areas, including on the Bulgarian tax implication of international corporate, financing, and other transactions matters. Tax partner Viara Todorova heads the practice comprising four lawyers and she has a wealth of knowledge in direct and indirect tax, transfer pricing, general corporate tax, and M&A among other tax areas.   

During the end of 2022, the tax team advised the online booking company Airbnb on indirect tax matters concerning short-term bookings.

Client feedback

''Great tax lawyers with a very good tax team.''

''Strong technical expertise and responsive.''

''they excelled at the task and delivered outstanding results within the shortest possible time frame.'' 

Eurofast

Over the years the Bulgarian business advisory firm has gained experience advising small to large multinational companies with an extensive array of tax services to meet their compliance requirements and financial objectives. Tax and transfer pricing director Anastasia Sagianni is the leading practitioner at the firm.

EY

The Big Four accounting firm has a comprehensive leading tax practice ranked in tier 1, which is experienced in assisting a multitude of large multinational enterprises on tax legal and compliance matters, covering all contentious and non-contentious issues. Tax partner Naiden Kostadinov leads the EY Bulgaria, N. Macedonia, Albania and Kosovo tax practice; similarly, tax partner Viktor Mitev is also a key point of contact.

Ilieva Voutcheva & Co

The full-service Bulgarian law firm offers a comprehensive tax service with expertise in legal advice and representing clients before the tax authorities and courts of law. The practice counsels on the tax implications for M&A, restructuring, strategic tax planning, indirect tax etc. Tax partner Tamara Kovacheva heads the practice with the support of attorney Diavena Kalcheva 

In mid-2022, the tax team advised construction company Icos Build in a VAT dispute with the local tax authorities concerning tax treatment of a barter exchange relating to the client’s construction contract with a third party.

Kambourov & Partners

Based in Sofia, the Bulgarian business law firm offers tax legal services for large and medium-size companies (domestic and international) across a variety of tax areas. Some of the firm’s strong tax areas include tax optimisation, tax compliance, and estate planning among others. Tax partner Dennitsa Dimitrova leads the tax practice. 

The firm represented telecommunication company Vivacom in two court proceedings before the Court of Justice of the European Union. The case focused on the levying of withholding tax on fictitious interest imputed over a convertible interest-free loan.

Client feedback

''Tax advice provided in a timely manner.''

Kinkin & Partners

The Bulgarian boutique law firm offers tax legal and compliance services with a focus on corporate taxation, transactional tax, tax planning, indirect tax, international tax, and tax litigation. Tax partner Vladimir Kinkin leads the practice, which has experience in various industries such as energy, chemical, industrial engineering, finance, real estate and more.  

In the case studies presented the tax practice is advising AGRIA, an agriculture product producer, on restructuring its group companies which involved valuation analysis prior to acquisitions.

Client feedback

''They kept me updated at all times and presented different ways to achieve my goal and worked in my best interest.''

''They make the process of working with them as easy as possible. Everything in this firm is refined down to the last detail, which is the reason we have collaborated for so many years.''

''The lawyers are well-organised, accurate and experienced in taxation.''  

 

Savov & Partners

The firm’s one-stop-shop tax practice has extensive experience advising clients across all tax areas, contentious and non-contentious, with expertise in VAT matters and increasingly in cross-border projects. Tax partner Valentin Savov heads the practice which increased to a team of 13 tax practitioners; additionally, the tax practice gained senior attorney Denitsa Sarieva from PwC in December 2022, following the departure of senior attorney Natalie Dobreva in mid-2022.

Client feedback

''Prompt and conclusive feedback.''

''Great expertise and professionalism. Always available. Worked very hard and effectively.''

''Competent, accurate, and responsive.''