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Accounting for Startups

A startup business faces many important decisions even before officially launching – what legal structure to choose, whether and when to register for VAT, and how to organize its financial reporting. At first, these may seem like secondary tasks compared to developing the business model and bringing the idea to market, but they have a lasting impact on the company’s entire operation.

At ATP Konsult, we offer accounting services that don’t begin with your first invoice, but with strategic advice from the moment of registration. We work with newly established companies across various industries and know where mistakes are most commonly made in the early stages — and how to help you avoid them.

What makes accounting for startups different?

Choosing the right legal structure

- Ltd. (EOOD/OOD), sole proprietorship, cooperative, or self-employed, depending on your business activity and goals

Determining whether a VAT registration is needed

early on - especially in cases of intra-EU trade or turnover thresholds

Planning the initial tax burden

- helping you optimize taxation from the start

Building a basic accounting system

- including sales invoicing, chart of accounts, document flow, expense approval processes, and secure document storage

Consulting on starting with external financing

from banks or other financial institutions

Processing the first employment and freelance contracts,

with a focus on minimizing costs and administrative errors

Preparing for year-end reporting

- even in cases of zero activity, compliance is still required

Why do startups choose ATP Konsult for their accounting?

Gergana Palazova

Manager of "AVG Corporation Ltd."

"Our company, A.V.G. Corporation Ltd. timidly began operations in early 2023. We took our passion from Facebook to the field of unlimited liability companies. When we started, we needed a trusted partner to guide us through the red tape and help us avoid mistakes. ATP Konsult have assisted us from the very beginning of the company registration until today . With their help we went through our first trials with the NRA and the previously unknown tax checks. The result of them made us believe that we have chosen the right and reliable partner to walk with on the road to success. We highly recommend ATP Konsult for all start-up businesses. With their help, you will get answers to all the questions you have about getting started."

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