Automotive

Technology and Business Services are fueling unrivaled opportunities in Bulgaria

Driven by a decade of stable growth in software development and specialized electronics, the sector is evolving rapidly. As Industry 4.0, Big Data, and Cloud trends reshape the landscape, we provide the strategic insights needed to navigate global competition and operational challenges

Promising Market Prospects

Connected homes, Cloud Computing, Big Data, and Industry 4.0 are creating unrivaled opportunities for new business models. While software development and business services have been stable drivers of growth over the last decade, specialized electronics production—particularly in the medical and automotive industries—is now gaining significant strength, calling for the fast and reliable delivery of new products.
Increasing Industry Demands

As technology usage becomes more complex, the need for secure and reliable solutions grows. However, security is just one aspect; the industry is facing intense global competition, falling prices in many segments, short product lifecycles, and a lack of experienced talent. These factors are pressing new challenges on outsourcing companies to ensure higher operational efficiency and quality of service.
Comprehensive Strategic Support

To navigate these challenges, high innovation capacity and efficient business processes are critical. KPMG offers in-depth industry knowledge and a wide set of solutions to support your growth agenda. Our services range from building strategic partnerships and legal advisory to tax compliance, talent retention, and analytics implementation—ensuring your business is equipped for success in the digital world.

KPMG can help in the following:

People

Search, selection and training of personnel
Legal and tax assistance to secondees
Payroll outsourcing

Supplier and client relations

Transfer pricing analysis & localization of global transfer pricing file
Review and advice on resolving indirect tax issues with complex chain transactions
VAT compliance for global procurement companies having to obtain and use a Bulgarian VAT number
Contract compliance reviews to identify areas for improvement

Fixed assets

Implementing asset management solutions
Unification of reporting for local and group purposes
Legal, tax and accounting advice in respect of acquisitions or rentals of immovable property and equipment

Finances

Audit
Full or limited scope tax review
Tax litigation and assistance in tax audits
Transactions & Restructuring services
Feasibility studies
Location search

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Our people

With deep industry experience and valuable capabilities, you can rely on KPMG’s network of Automotive professionals to help deliver results. Contact a KPMG Automotive professional today.