Want to set up a firm in Bulgaria? We can assist you in starting a business or in buying a shelf company in Bulgaria with a full package of necessary documents, legal advice and follow-up support. Incorporation of a firm in Bulgaria includes provision of a registered office (for at least 1 year in any of our service plans), an apostilled set of constitutional documents, secretarial services and assistance with compliance fee and pre-approval for opening an account in banks of Bulgaria. The total price of company formation in Bulgaria includes all necessary fees and charges for the first year of operation, as well as full one-year nominee service (package Optimum).
Bulgarian legislation provides for the establishment of the following organisational and legal forms:
The most common structures are the Limited Liability Company with two or more shareholders (LLP) and Limited Liability Company with one shareholder (SPL)
There are the following requirements for the company name in Bulgaria:
The following steps are required to register a company:
With the personal presence of the shareholder (one-day visit), the period of company registration in the register takes 1 week.
Without the personal presence of the shareholder, the company registration takes 2-3 weeks, as the company is first registered to a local agent, and then transferred to the client.
There are no requirements for a registered office.
There are no seal requirements.
There are no residency requirements for a director.
A local director is not required, because the residence of the company is determined by the place of incorporation (Bulgaria), but in the case of a conflict of norms, when the company is in fact managed from another country, it is necessary to study the double taxation avoidance agreement between the countries.
Information about the directors is contained in a public registry.
No secretary is required for Bulgarian limited liability companies.
Requirements for shareholders: two or more shareholders in a LOD, one shareholder in an EOOD.
There are no residency requirements for the shareholder.
Information about the shareholders is contained in the public register.
Bulgaria 2021 has adopted transparency rules from the OECD and on first request can provide data on the beneficiary through the agency's corporate website or by request.
The minimum authorized share capital of a Bulgarian Limited Liability Company is BGN 1.
The standard amount of share capital is 5,000 BGN.
Bearer shares and shares with no par value are prohibited.
Price4 700 EUR
(including incorporation tax and state registry fee)
(Stamp Duty) and Companies House incorporation fee
Price3 030 EUR
(including registered address and registered agent)
DHL or TNT, at cost of a Courier Service
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Priceот 2 750 EUR
Paid-up “nominee director” set includes the following documents
Paid-up “nominee shareholder” set includes the following documents
Compliance fee is payable in the cases of: renewal of a company, liquidation of a company, transfer out of a company, issue of a power of attorney to a new attorney, change of director / shareholder / BO (except the change to a nominee director / shareholder)
simple company structure with only 1 physical person
additional compliance fee for legal entity in structure under GSL administration (per 1 entity)
additional compliance fee for legal entity in structure NOT under GSL administration (per 1 entity)