Rex Consulting Ltd was established in September 1995 by self-employed professional consultants who advise and assist in the following areas:
Audit and accountancy;
Tax procedures and tax planning;
Payroll and social security;
Working capital management
Financial, pricing and banking issues;
Investment appraisal and budgeting;
Mergers and acquisitions;
Insolvency and liquidation;
Rex Consulting is based in Sofia and has subsidiaries in Varna, Plovdiv and Bansko. Rex Consulting Ltd is also a founding member of the Bulgarian Association of the Professional Accounting Companies.
Our policy is to develop and maintain Rex Consulting as a nucleus which attracts new prospective associates who can contribute to achieve the product quality which our clients deserve and receive.
Ensuring the success of a company is an increasing and a complex challenge. Therefore, Rex Consulting has recognised as a goal the developing of a unique blend of resources and services which can be flexible enough to help our clients achieve the results they require.
Our Member Spotlight is a Q&A with our member which covers some of the key issues in their sector, and gives an a greater insight into the firm and their operations.
Accounting firms that want to stay competitive must expand beyond traditional bookkeeping and tax preparation services while offering advisory services.
Those services would include recommendations on how a business can use new technologies for increased efficiency or solve problems in other areas such as operations software management or human resources.
This would bridge the gap between accountants and other financial advisors. Developments in accounting technology and AI will allow accountants to offer more accurate insights and provide their clients with valuable advice.
Despite the rise in accounting automation, we cannot eliminate the need for human influence, opening the doors for holistic advisors rather than transactional accountants. Firms that can adapt to this trend will earn even more revenue than before. This may mean an opportunity to expand the accountants’ skillset to focus on managing cash flow, financial planning or technology.
The long-term strategy of Rex Consulting has been consistent growth by selecting, employing and retaining talented young professionals who understand our clients’ business and provide efficient and timely consultancy services.
Our organic growth has been combined with mergers with other firms which have been our subcontractors in the past and we knew that their key staff and Senior Partners share the same values and professional standards as the Rex Consulting team.
Within 5 years, Rex Consulting is expected to be among the top 20 consultancy firms in Bulgaria in the field of accountancy, tax and legal services.
Finding, training, motivating and retaining young talented professionals.
– Due diligence reviews
– Company restructuring
– Transaction advisory
– Company incorporations and related corporate services
– Company valuations
– Advisory for certified foreign investments
– Preparation of transfer pricing documentation
– Outsourcing services
Growth on a local level while maintaining an international profile. Better business development via inward and outward referrals. Improving the quality of service by maintaining the high standards of the Alliance.
Within the top 20 alliances of consultancy firms with a significant presence in more than 120 jurisdictions worldwide.
Our typical client is a Bulgarian subsidiary of a multinational corporation – usually in the IT, pharmaceutical, marketing, financial or production sectors.
Rex Consulting has been contacted recently by a large Belgian holding company, requesting assistance for establishing a Bulgarian subsidiary and providing a full range of legal, accountancy, tax compliance and payroll services. After the initial client screening process, our team provided the corporate services needed for establishing the BG entity, plus all ongoing support with the efficiency and flexibility that matched the client’s expectations. The BG subsidiary of our Belgian client continues using our accountancy and tax consultancy services on a monthly subscription basis.
The policy of Rex Consulting is that we do not advertise our services – in that sense, we do not target clients. Because of our long-established international contacts, new clients always approach us via referrals.
No, we do not specialise in any particular sector or service. Our clients work in all economic sectors, so we offer our services to the whole spectrum of businesses.