Registration of companies & enterprises in Bulgaria

Registration of companies & enterprises in Bulgaria

Expert sm assistance in registration of the following types of legal entities in Bulgaria (in all major cities):

• OOD (Ltd) authorized capital – 2500 euros (70% is paid before registration), from one founder and one director, there are no requirements for the residence of the director / founder.

• AD (JSC) authorized capital – 25,000 euros (25% are paid before registration), from one shareholder, board of directors from 3-9 members, from one chairman. There are no requirements for the residence of the director / founder

.• Representative / branch of a foreign company in Bulgaria (A. Cap. is missing)

Documents required for registration of the enterprise in Bulgaria:

• Copies of the passports of the founder (s) and director (s) of the company

• If the founders are legal persons, then the company’s charter documents and a decision on the creation of a subsidiary / representative office will be required *

• Personal data

________________________________________* – notarized and translated into English

 Date of company registration:

• ОOD (Ltd) – 30 days.

• AD (JSC) – 30 days

• Representative / branch of a foreign company in Bulgaria – 40 days.

 EXPERT SM also provides assistance in:

• opening a bank account

• providing the legal address of the company  registered office with secretarial postal service

• organization of company accounting

• Provision of nominee directors

• Provision of a nominee founder

• Apostille design

Taxation:

Bulgarian companies submit a fiscal year report once a year (end of June)