Bulgaria company incorporation - Formation Bulgarian Company

Full support for your business and legal representation by our Bulgarian commercial lawyers

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Any foreigner can register a company in Bulgaria

on equal terms with Bulgarian citizens. Moreover, there are no differences in the regime and taxation is the same as that of a company owned by Bulgarian citizens.

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Since Bulgaria joined the EU in 2007 the country

introduced a flat 10% corporate tax rate which is currently the lowest tax within the Union. The remainder of the profit remains at hand of the owner of the capital and can be used at their own discretion as they see best.

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Further advantage resulting

Bulgaria’s joining the EU is the fact that all import – export from and to the EU is duty free. That means that only excise duty and Value Added Tax (VAT) could be applied.

Bulgaria Company Incorporation

The Limited Partnership - (s ogranichena Druzestvo otgovornost - OOD

Bulgaria Company Incorporation, this is a commercial company with share capital owned
by shareholders whose liability is limited to the sum of subscribed capital. A private corporation can be founded
by one or more persons, including foreign natural or legal persons. The minimum capital for society is divided into
5,000 parts LEV to the nominal value of 10 LEV each. The statutory bodies of private companies are limited by the general meeting of shareholders to be held at least once a year, and the managing director or the board. A single-member limited liability partnership is called EOOD.

Property is acquired by a natural Person or a legal person. The sole shareholder exercises the powers of the general assembly and the managing director or the board is appointed to monitor the companies to form a Limited Company in Bulgaria

How does the incorporation work? Bulgaria Company Incorporation

The following steps are needed:

  • Decide on the name of your company, thereafter proceed to check whether the name is available to proceed with the reservation of name for his company
  • Draft Articles of Association
  • Form the capital with a minimum of 5000 Lev (local currency) around 2500 €.
  • Obtaining the bank under pressure less than 70 5 of the registered capital has been paid.
  • Management Agree-structure
  • Get your registration in the commercial register of the relevant District Court.
  • Wait for a publication issued by the court in the State Gazette.
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COMPANY REGISTRATION

One of the most important advantages of Bulgarian membership in European Union is that duties are not paid within the Union. So a company may produce certain goods in Bulgaria and then export them completely duty free – to another European country. Many foreign traders who have registered companies in Bulgaria use production equipment imported from other countries, which is completely legal. Many companies import also raw materials from abroad and only assemble the final product in Bulgaria, which they export to EU duty free.

FREELANCERS PAY LOWEST TAXES

Some have heard that Bulgaria is the right place in EU for this purpose. And they have heard right. The good news is that Bulgaria offers the absolutely lowest personal income tax in the whole EU – 10 %. Plus there are further deductions which means that effectively freelancers pay less than 10 % of their gross income.

BRITISH PROPERTY OWNERS

Regarding those who have chosen Bulgaria for their second home, stay mainly here and do not wish to come back to the UK for visas, a good solution would be to apply for permanent stay permit which will grant them almost equal rights to Bulgarians. Bulgarian Prime Minister Boyko Borissov even commented after Brexit that Britons based in the country are welcome if they decide to apply for citizenship.

Bulgaria Company Basic

750 Usd -
  • Basic Incorporation

Bulgaria company incorporation

The Registry of society then completed with the following: Bulgaria Company Incorporation

  • Registration in the National Statistical Institute and receive their number BULSTAT. This must be done within three days after the registration of the company. ·
  • Register at the territorial division of the National Social Security Institute. ·
  • Register at the territorial tax office within 14 days after registration

Normally the whole process involves a 20 - to 30 days.

What do I have to do to administer a limited company in Bulgaria? Accounts, annual statements, annuities, registered office.

  • Maintenance of office of the society. That means an annuity to people who maintain the registered office
    •Presentation of annual accounts for company
    •Annual Statement of corporate tax
    •Annuity nominee directors, nominee shareholder
    Dates for submission of books, financial statements and tax returns

You have to choose a financial year to their society. Statements depend on the fiscal year chosen. Please contact us. We will help you decide the starting date and deadlines relating to their society.

We specialize in creating, maintaining, managing, constructing or incorporate your company or business enterprise in Bulgaria.

With each company formation, we offer:

  • Check availability and get clearance to use the name required
  • Preparing all the forms needed for the Registry and for the Notary
  • Standard government taxes
  • The incorporation certificate
  • The Deed of Incorporation for the company; which could be Memorandums and Articles
  • Share Certificates
  • A file with all the documents which come with the incorporation
  • Delivery of documents by Courier

Bulgarian Immigration

Worldwide Company Formation services -Company registration around the world - International Company Services

 

Incorporate a company in over 65 countries

Opening a company in a foreign country is not so difficult as it seems to be at the first sight because the foreign investors can count on our local specialists in company formation who will handle the entire procedure of company incorporation.

They will help the foreign entrepreneurs choose the right type of company for their business and they will provide useful information about the documents required by the authorities, the legislation in the country chosen for opening the firm and licenses and permits the investors may need for running certain activities.

Our lawyers and specialists in company formation have been working in the field of company incorporation for more than 12 years and they know all the procedures and legal steps to be followed in order to obtain the best results in a short time.

After a foreign businessman delivers all the documents required for opening a company, our lawyers and local specialists will submit them to the local authorities and the incorporation will take only a few days.

The foreign investors don’t have to go in person to the country where they want to open a business because our representatives will take care of all it is needed for incorporation.

For any other legal services, the foreign businessmen can count on us because we provide a wide range of services, from company formation and liquidation, to mergers and acquisitions, opening subsidiaries/braches, corporate and commercial litigation, tax advice and planning etc.

Our lawyers from abroad can represent the entrepreneurs in front of local courts, if they are involved in a trial related to business issues.

Besides these, the local attorneys provide legal advice and consultation for concluding

contracts,

transactions and

other business operations, such as

import-export activities,

buying a company or

buying a property etc.

Foreign entrepreneurs can give the power of attorney to our lawyers and specialists in company formation in order to represent them in front of business partners, authorities or any other person for business purposes.

Each business is different. This is why we are here to help you, so you won't have to worry about any legal issues, while you are fully focused on your entrepreneurial strategy and ideas.

Through our law office, we have a team of experienced lawyers , ready to help you open the business you''ve always wanted to start anywhere in the world - we operate in over 65 countries!

 

Mission

More than a law firm, to become an essential support to any and all foreigners that wish to take advantage of the legal, economic and fiscal advantages that Panama has to offer; by providing integral legal advice and a business plan to aid in reaching your goals and objectives, always working within the legal frame work and respecting the norms and best practices on a national and international level.

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