Bulgaria Company Formation

Bulgaria Company Incorporation

As company incorporation specialists we can register a Druzhestvo s ogranichena otgovornost (OOD) in Bulgaria. An OOD company is very similar to a limited liability company in the United Kingdom.

Incorporating a Bulgarian Company offers opportunities for cost saving due to cheap incorporation costs and a favourable tax system.

Bulgaria OOD Company Incorporation

Our services for OOD incorporation include:

  • Obtaining initial name clearance at the registry
  • Preparation of Company Registration Forms
  • Preparation and drafting of the Articles of Association - in English and Bulgarian
  • Preparation and drafting declarations and powers of attorney - in English and Bulgarian
  • Filing documents with the Ministry of Justice
  • Appointment of Directors
  • Opening start-up capital bank account
  • Payment of Court Fee
  • Registering in the Commercial Register in the relevant District Court
  • Obtain notary certified consent with a specimen of the signature of the company manager, certified Articles of Incorporation and notarised appendix to Articles of Incorporation
  • Notary fees, administrative taxes, consular taxes and state stamps
  • Publication in the State Official Gazette
  • Registration with the BULSTAT
  • Registering with the Regional Social Security Institute
  • Registering with the Territorial Tax Authorities
  • Translation and legalisation
  • Obtaining of authorisation and notices
  • Obtaining of compulsory registers
  • EU VAT registration
  • Certificate of Incorporation
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL

Company Name

Your company name must be checked with the registry for availability as it cannot be identical or deceptively similar to that of another company in Bulgaria. We can provide this service free of charge and can reserve the company name once availability is confirmed.

Bulgaria Company Directors

  • Directors may be of any nationality
  • An OOD may be founded by one or more directors.
  • There is no requirement to appoint a Bulgarian resident director

Bulgaria Company Shareholders

  • Minimum of one shareholder of any nationality is required.
  • The shareholder may also be its sole director.
  • There is no requirement to appoint a Bulgarian resident shareholder

Registration of a single-person private limited liability company is called an "EOOD".

Information of the Directors and Shareholders will be available from the Bulgarian Registry.

Registered Office

Your Bulgarian company must have a registered office in Bulgaria, we can provide a registered office service.

Share Capital

The minimum required share capital by law is BGN 2 (EUR 1).

The share capital must be paid into a current bank account. This bank account must be opened either by the company director or by a person authorised by a notary-certified power of attorney. We can provide company bank account introduction in Bulgaria. Once this is completed you will receive a bank certificate which must be presented to the registry to complete incorporation.

Articles of Association

Article of Association must be submitted to the registry for incorporation. The Articles must include:

  • The company name
  • The purpose of the company
  • The company's registered office
  • The amount of share capital
  • The sum to be paid by each shareholder towards the share capital

Bulgaria Ready Made Company

Our ready made Bulgarian companies are fully registered, with all the necessary registration procedures complete, including deposit of the initial share capital, drafting Articles of Association, registration with the Bulgarian Trade Register and registration for VAT.

Our ready made companies have never traded and have no liabilities. Our fully registered ready made companies include:

  • Registration with the Regional Social Security Institute
  • Registration with the Territorial Tax Authorities
  • Registration with the BULSTAT
  • Preparation and drafting of the Articles of Association
  • Publication of the company formation in the State Official Gazette
  • Translated copies of all documents, signed by a Bulgarian translator
  • VAT Registration

Once you have chosen and purchased your Bulgarian company you are required to complete documentation appointing a new director(s), or alternatively by providing us with Power of Attorney we are able to prepare these on your behalf. New directors will receive all official documentation, including a Certificate of Incorporation, Memorandum and Articles of Association.

Contact Us
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Bulgaria Fees to Incorporate
  • Company Formation - £840
  • Provision of Registered Office - £360
  • Company Secretary if required - £280
Bulgaria Annual Maintenance Fees
  • Provision of Registered Office - £360
  • Company Secretary if required - £280
  • Directors Register Maintenance - £120
Bulgaria Advantages
  • Time - 7 - 14 days to incorporate your Bulgarian company
  • Directors - only 1 director of any nationality is necessary for your company
  • Shareholders - only 1 shareholder is required
  • Share Capital - the start-up capital is only €1
  • Registered Office - your company requires a registered office in Bulgaria, which we can provide
  • VAT - International VAT registration takes 10 days
  • Support - using our 20 years experience we guide you throughout every step of the company formation process
Required to Proceed
  • Company Name - We can check your company name is available
  • Passport - colour scan of your passport
  • Documents - copy of a utility bill, credit card or bank statement showing your private address
  • Start now - complete here
  • Upload - proof of address & copy passport can be uploaded here