# Legalization of an income statement
Source: https://www.lafit-trans.com/en/faq/document-legalization/legalization-of-the-income-and-expenditure-statement/
Translation and legalization of an income statement
An income statement presents a company’s financial performance for a defined period. La Fit Trans provides accurate financial translation and coordinates the required certification according to the form of the copy, the destination country and the recipient’s requirements.
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Legalization of an income statement is commonly requested when company financial information is submitted to a bank, investor, shareholder, auditor, tender authority or foreign administration. La Fit Trans translates both standalone statements and complete financial reporting packages and arranges the appropriate certification when the intended use requires it.
## What is an income statement?
The document summarizes revenue, expenses and the financial result for the reporting period. Depending on the applicable reporting framework, it may also be called a profit and loss statement, a statement of profit or loss or part of a statement of comprehensive income. The translation follows the actual format and does not collapse distinct accounting concepts into one generic term.
## What version is suitable for translation and legalization?
The source may be a company-signed statement, a section of annual financial statements, a copy of an act filed in the Commercial Register, an electronic file or a document accompanied by an auditor’s report. These versions have different origins and evidential roles. The service is therefore based on the copy that will actually be submitted and on whether the recipient expects the full package or only the income statement.
## What figures require the most precise financial translation?
Revenue and expense captions, subtotals, profit or loss, income tax and comparative figures must remain consistent. Particular attention is paid to the currency, unit of measure, negative amounts, rounding, row references and the relationship between labels and figures. Translation does not alter or recalculate the accounting values.
## How is the statement aligned with the rest of the financial package?
An income statement is often connected with the balance sheet, cash flow statement, statement of changes in equity, notes and auditor’s report. When these materials are translated together, the company name, periods, currency, accounting categories and cross-references are harmonized throughout the package.
## When does a Bulgarian statement need certification for use abroad?
The title of a financial statement does not by itself determine the certification route. A company-signed copy, a notarized document and a certificate or copy issued by the Bulgarian Registry Agency follow different authentication paths. The destination country, the purpose and the recipient’s express requirements are decisive. La Fit Trans coordinates the translation and certifications around those circumstances.
## How is a foreign income statement prepared for use in Bulgaria?
A foreign statement may be a private company document or an officially certified copy. Its country of origin and legal form determine whether an apostille, a legal-assistance treaty procedure, consular legalization or only an appropriate translation applies. All available signatures, seals, electronic certifications and attachments are reflected in the translated package.
## What does the La Fit Trans service include?
The service may include specialist translation, editorial and terminology review, reproduction of tables, preparation of a certified translation and coordination of the applicable authentications. For a series of statements, recurring line items use one consistent terminology so that the documents read as a connected financial package.
## How are price and turnaround determined?
The quotation reflects the language pair, number of pages, table density, file quality, attachments and the type of certification required. An editable document and a clear scan support different workflows, while a long annual report needs a package-wide review. Price and timing are confirmed after the material and its intended use have been assessed.
## Question topics
- [Document Legalization 139](https://www.lafit-trans.com/en/faq/document-legalization/)
- [Online translation and legalisation of documents 12](https://www.lafit-trans.com/en/faq/online-translation-and-legalisation-of-documents/)
- [Offices for translation and legalization 5](https://www.lafit-trans.com/en/faq/offices-for-translation-and-legalization/)
- [Translation and legalization orders 5](https://www.lafit-trans.com/en/faq/translation-and-legalization-orders/)
- [Translation of documents 20](https://www.lafit-trans.com/en/faq/translation-of-documents/)
- [Specialized translations 2](https://www.lafit-trans.com/en/faq/specialized-translations/)
- [Quality process management 5](https://www.lafit-trans.com/en/faq/quality-process-management/)
- [Interpreting 10](https://www.lafit-trans.com/en/faq/interpreting/)
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### [How is the document legalisation procedure determined?](https://www.lafit-trans.com/en/faq/document-legalization/document-legalization/)
Document legalisation is the general term for authentication steps that allow the official origin of a public document to be recognised outside its country of issue. Where the route includes an apostille or another...
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## Support for your particular case
The La Fit Trans team relates the general information to the specific document, language and receiving institution. The quotation then covers the necessary translation and certification, with a clear understanding of the agreed result.
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