ASTREA CONSULT EOOD

Phone.: +359 34 44 07 44Mobile: +359 898 99 62 92 +359 893 63 19 28E-mail: astrea_konsult@abv.bg

Qualified accountants and tax advisors

How often do you meet your accountants? Do they really care about you and your business?

We are an independent firm of qualified accountants, tax advisors and business consultants.Our offices are situated in the towns of Pazardzhik and Plovdiv In Bulgaria. We specialize in the

provision of overall accounting and financial management. We can offer the full scope of services in the area of tax planning, accounting and finances,

business consultations, tax and legal advising, in strict conformity with Bulgarian and international law while protecting the interests of our clients.

Our experience was gained in the course of dealing with businesses owned by foreign as well as Bulgarian natural persons and legal entities.

Our goal is to provide for you the most efficient services that would help your business grow !

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About our vision We know and believe that:Ethics is more important than profit The challenges our clients face are our challenges as well We do exactly what we said we would do We show respect to anybody and help him/her realize his/her potentials Differences are something that we welcome We always think and act independently Loyalty, confidentiality, exactness, security are some of our qualities

We are here to stay

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Accounting and auditing servicesAccounting services: As a business person you must appreciate the importance of timely and exact financial information for the development and growth of your company. Astrea Consult provides the full scope of accounting services. We will be here with you from the very initial consultations about starting a new business up until the preparation and presentation of the annual financial statements of your company. Our services will guarantee that you receive all necessary information and financial analysis, and thus will enable you to make prompt and right managerial and business decisions. Your consultant will quickly learn everything that needs to be known about your business and will become a continuous and reliable source of information and business consulting. He/she will also control the activities of your operative accountants who are directly involved in the accounting and administrative work.We at Astrea Consult have the knowledge and technical capacities to provide first class servicing and to fully satisfy the requirements of each and every one of our clients. We are happy to note that the quality of our services is most often much higher than it would be if you maintained your own financial accounting department. This way, our clients have the opportunity to focus exclusively on their business operations while our dedicated staff takes up the overall administration of your activities. We can offer you a subscription price for the accounting services commeasurable to the amount of work that we are going to do and a proper agreement ensuring perfect protection of client’s interests and individual approach to each client.

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Accounting servicing Accounting servicing on subscription basis Preparation of reports and accounts in Bulgarian, Italian and English language National and international accounting standards Preparation of specific accounting policy, assessment methods, company chart of accounts Entries in the accounting registers on a monthly basis Accounting control on a daily basis Monitoring of company sales and purchases Monitoring of cash flows Preparation and presentation of accounting and financial reports

By the provisions of its services Astrea Consult eliminates the need of its clients to maintain an accounting department and payroll department, to hire additional specialized personnel (such as accountants) and to purchase the expensive accounting software.

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VAT

VAT RegistrationPreparation and submission of applications for VAT registration in the National Revenue Agency Audit procedures Representation VAT reverse charges within the EU

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Assets

Creation and management of a database for recording non-current (fixed) tangible and intangible assets

Amortization and depreciation plan Inventory sheets Stock taking (materials, merchandise) Capitalization

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Payrolls Staff administration Preparation of employee and contract work agreements Preparation of the full set of documentation upon commencement and leaving work Administration of sick-leaves and vacations Submission of statements in the National Revenue Agency and the National Insurance Institute Timely provision of relevant information to the employer about any and all changes in the

normative requirements Representation via electronic signature Consultations Entries in the accounting registers on a monthly basis related to employees’ salaries and

remuneration for contract work Calculation of national insurance contributions and taxes Preparation and presentation of payment orders in the bank Preparation of payroll sheets Recapitulations Preparation and presentation of requested information and calculations in the National Revenue

Agency and elsewhere

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Banking

Opening of current accounts in a bank Electronic monitoring of cash flows Preparation of payment orders Electronic banking Second signature control

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Mandatory reporting

Verification of the conformity of accounting operations with the Bulgarian and international standards

Preparation of all mandatory reports and statements as required under the Bulgarian law Preparation of all the reports required for mandatory independent auditing Preparation of statistical reports

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Annual financial statements

Preparation and presentation of annual financial statement National accounting standards International accounting standards Consolidation Statistical reports

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Tax returns

Preparation and presentation of annual tax returns for local and foreign companies and natural persons

Preparation and presentation of tax returns for paid dividends Preparation and presentation of statements under the Agreement for Avoidance of Double

Taxation Intrastat Preparation and presentation of statements under the Law on Local Taxes and Fees

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Planning

Participation in the planning process on an annual and monthly basis Supplying the company management with the information and data necessary for the

planning process Control on the attainment of planned parameters Provision of monthly information reports and financial analysis about the attainment of

planned parameters Planned budgets of subsidiaries

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To summarize, as we said in the beginning, ethics is more important for us than profit. The success of our clients is our success too because we are here to stay!

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Phone.: +359 34 44 07 44Mobile.: +359 898 99 62 92 +359 893 63 19 28E-mail: astrea_konsult@abv.bg