KRESTYN BULMAR PERNIK OOD

Kerston BulMAr Kreston BulMar provides a wide range of integrated consulting services at world-wide level that can ensure efficiency, stability and growth of each business in Bulgaria and abroad. Kreston BulMar is a part of Kreston International, one of the leading and widely recognized accounting and consulting networks in the world, with more than 750 representative offices in over 100 countries, with more than 20 000 professionals employed. Kreston BulMar has been a leading Bulgarian accounting and consulting company for 15 years, it is a symbol of highest professionalism, commitment, constant growth and improvement, providing maximum reliability and benefits to its customers. Today Kreston BulMar has 80 employees, 11 partners, 7 offices in the country and over 1 000 permanent customers. Kreston BulMar is certified to ISO 9001:2008 and ISO 27001:2005 (information security). We are a Microsoft Gold Certified Partner and an enterprise partner of VM Ware. Services Services Kreston BulMar provides a wide range of integrated consulting services at world-wide level which ensure efficiency, stability and growth of your business in Bulgaria and abroad. Financial audit The role of the financial audit is to give an independent, true and honest professional opinion on the correctness of a company’s annual financial statements in order to protect the interests of investors, creditors and contractors. In order to fulfill this role in compliance with the International Auditing Standards we execute a wide range of audit procedures, and thus assess: The reliability of the IT systems; The running of the business processes; The compliance with the legislation; The effectiveness of the internal control systems; The compliance with the main principles of the relevant accounting standards; The due taxes, pursuant to the tax legislation, limited to the audit objectives; All the items in the financial statements – including income, expenses, receivables, debts, assets, etc; The presence of misappropriation, material errors or frauds; The process of closing the accounts at the end of the financial year; The compliance of the information in the financial statements with the management report and with any other information provided by the management along with the financial statements. During each audit we provide individual approach and timely recommendations for improvement of each of the audited elements, and thus we ensure that management, investors and creditors have maximum benefit from our work – namely how to improve the activity of the enterprise. Payroll The payroll processing and the related deductions, compensations and social securities are extremely dynamic and complicated tax and calculating matter. The solution to this problem requires maintaining exceptional competency, which in many cases is impossible or economically unreasonable On the other hand the confidentiality of the salary sums is very often so important that it is better for the company to outsource the calculation and the payment of salaries of the management or even of the whole staff. To save your efforts for maintaining specific competence and to guarantee the privacy of salaries in your company, we offer a complete range of services connected with the payroll, including management reports and tax protection. Business valuations Each company needs a valuation of its assets and liabilities, as well as a valuation of assets, liabilities or whole companies targeted for acquisition. In connection to this we offer: Valuation of enterprises' assets and liabilities, including: machinery and plant equipment; Real estates; Intellectual property: Financial receivables and debts. Valuation of whole enterprises; Valuation of financial institutions; Actuarial valuations for employers' liabilities pursuant to the Labor Code and IFRS 19. Services Corporate finance In the course of its development each company faces the need to secure additional funding or to find reliable partnership, to restructure its business, to sell some of its shares or buy another company and many other similar important steps. In connection to this, we offer: Consultations on registration and transformation of companies; Consultations on mergers, acquisitions and liquidation of companies; Legal, financial and tax due diligence; Consultations or representation during negotiations; Drafting of business plans; Drafting of financial analysis; Conducting recovery programs; Attracting partners and investors; Preparation of separate units or whole companies for sale: Identification of companies to be acquired; Identification of potential buyers Accounting services The correct accountancy, true financial results disclosure and correct taxation of the enterprises are related to the knowledge and precise enforcement of several hundred interconnected regulation acts that are constantly being amended. Moreover, mistakes and omissions in accounting and taxation could be detected years after they were made and that can cost too much. We work in a way that you can focus only on your business and we take the responsibility for your accounting and taxation. With us you win: Professionalism. We provide accounting services to hundreds companies, working in different industries, and thus nothing in the field of accounting and taxation remains a secret for us. Our employees received special vocational training, they are equipped with the latest informational and technological facilities, and their level of competence is controlled by 12 exams yearly. Responsibility. The contracts we with our costumers ensure that we are liable for all our mistakes and omissions This cannot be secured by hiring a chief accountant, working under employment contract. Benefits. The fee you would pay us will be considerably lower compared to the expenses you are paying for salaries of your accounting staff, their workplaces, computers, the necessary software, consumables, subscriptions and trainings. Flexibility. We offer exceptional flexibility and speed in our work and unlike regular staff members under employment contracts we do not go on vacation or on sick leave. Awareness. We are convinced that the benefits from our monthly financial reports and recommendations are unknown to you and will be of great help to you in the process of taking the most appropriate management decisions. Tax consultancy All around the world the tax legislation is changing very often. The constant amendments of the existing acts and the adoption of new ones pose a high risk of errors that sometimes cost too much. Expert consultancy on tax matters referring to all applicable tax acts: Tax solutions for complicated transactions or company mergers and acquisitions; Corporate and personal tax planning; Appeal against tax audit acts; Tax protection during tax audits; Internal tax review and audit for compliance with the tax legislation - tax due diligence; Consultations on international taxation and on the possibilities lo avoid double taxation