What is an e-store?
An electronic store, also known as an e-store or an online store, is a platform that allows businesses to sell products or services over the Internet.
The customer has the opportunity to select goods/services, enter contact information and delivery address, and pay using different methods.
Requirements for e-traders in Bulgaria

Online store – requirements for owners
The requirements for e-merchants include several legal and regulatory steps that must be met to operate legally:
- The operator of the electronic store must be registered in the Trade Register or the Bulstat Register. In cases where he is not registered, he still has the obligations of a sole trader who is registered, but may not have some rights.
- Online merchants must register their e-shop with the National Revenue Agency by submitting a special form with information about the merchant, the e-commerce platform, the type of goods or services sold, etc.
- There must be clear conditions governing the collection, processing, and storage of users’ personal data. Also for caching (cookie policy)
- Prices, as well as must be clearly announced, including taxes, fees, discounts, etc. The same applies to the rules for trading, returning goods, etc.
- To strictly account for all sales revenue and pay any taxes, fees, etc. due.
- To store the information created through the software of the electronic store and, upon request from the National Revenue Agency, to provide access to it.
Accounting to help e-commerce
Ensuring accurate financial statements
E-commerce makes it possible to trade with the whole world, which is an undeniable advantage, but this greatly complicates accounting and tax reporting, since it is necessary to comply not only with local but also with international regulations. Accountants are the ones who can help you navigate this very extensive matter, as well as prepare your financial report according to the regulatory requirements.
Tax compliance enforcement
E-commerce crosses national and international borders, making tax compliance complex. Accountants are familiar with the various tax laws and regulations affecting e-commerce and ensure compliance.
Cost optimization
Accountants can help you with adequate accounting information to analyze and optimize your e-commerce costs, such as payment processing fees, logistics and marketing, taxes, etc.
For further information and consultation, do not hesitate to contact us!