Practice area

World TP Reviews

Transfer pricing

Deloitte Bulgaria's tax practice was introduced 26 years ago. Because of the global developments of the BEPS directive and the Bulgarian tax authority, Deloitte established a separate transfer pricing service within the tax practice. The TP service line was established in June 2017. Partner Pieter Wessel heads the tax and legal practices. He is experienced in both direct and indirect tax, including transactional tax, tax planning, compliance, cross-border derivatives and more.

Deloitte's TP team carried out the TP analysis for a metal trading company for a transaction with an associated member firm. The TP team split the transaction into three parts to separately analyse the resale of goods, administrative processing of the orders and financing. By separating the analysis, it allowed comparable analysis when considering the nature and all relevant characteristics of the transaction. Pieter Wessel, partner, joined the team from Deloitte Romania in March.

Djingov Gouginski Kyutchukov & Velichkov

Djingov Gouginski Kyutchukov & Velichkov lawyers offer clients an extensive scope of tax legal services, including advising on risks regarding international corporations, financing and other transactions. The firm has experience advising multinational clients on complex matters regarding dispute, transfer pricing compliance and limiting TP adjustments. Partner Vira Torova leads the transfer pricing team.

One recent example of the work of the team saw it advising Woodward IDS Bulgaria EOOD on transfer pricing matters regarding a cost reimbursement agreement.


The EMEIA Tax Center at EY is organised as a supranational entity covering the entire Europe, Middle East, India and Africa (EMEIA) region, with its Intercompany Effectiveness and operational transfer pricing practice serving clients’ needs across all jurisdictions.

Led by Oslo-based partner Sveinung Baumann-Larsen, it brings together multi-disciplinary experience and resources focused on IT, accounting, and tax from the entire region in its work. This work covers some of the leading global companies in their respective fields and includes those involved in retail and consumer products, energy and pharmaceuticals, to name but a few.

Kinkin & Partners

Kinkin & Partners tax team offers full tax legal services including transfer pricing. Founder Vladimir Kinkin leads the tax team, and has more than 30 years’ experience in tax consulting. Some of the sectors Kinkin Partners focuses on are real estate and construction, energy and renewables, chemicals, industrial engineering and more.

The firm advised Chuchuline Trading recently on the tax aspects of two loans from a related party. This involved assessing the interest rate of the loan and the risk, or implications of the interest rate being lower than the market price.

Savov & Partners

Savov & Partners provides all types of business, legal and tax services for its domestic and international clients. Valentin Savov leads the tax practice. Savov & Partners has advised firms on TP legislation on certain controlled transactions, drafting intragroup services and cost spreading agreements.

Savov’s expertise was required in court as he was appointed as an expert witness on a TP dispute matter which involved privatsation, management and telecommunications; a special case in the market. 

The firm has produced a local file for TP study including structures of management, services between domestic associated companies and between associated firms' cross border transactions. 

A small boutique firm, it recently bolstered its tax team with the hiring of four new staff, including three associates, from BG Law firm.