What declarations are submitted by a company when buying a car

What declarations are submitted by a company when buying a car

Question:
Hello!
In 2022, I bought company X for BGN 10. This company has not performed any activity. On September 1, 2022, she purchased a car worth BGN 1,000.00. Can you advise me which annual returns to file? How do I pay property tax on the car?
Thanks in advance!

Answer:
Hello,
The purchase of a car in the name of the company means that the Company has been operating. For this purpose, the following documents should be submitted:
1. Annual Financial Report for non-financial enterprises - To the National Statistical Institute by 30.06.2023.
2. Annual tax declaration - to the National Revenue Agency by 30.06.2023.
3. Annual Financial Report - to the Commercial Register by September 30, 2023.

Regarding the tax due for the car - upon registration with the traffic police, they submit information to the relevant municipality and accordingly the municipality starts charging tax from the date of acquisition. You can pay your duty at a counter in the relevant municipality. Some municipalities have made it possible to make payments online. You will be able to check this on the website of the specific municipality.
We hope we have been helpful!
Greetings!