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.
An OOD company requires only one company director, of any nationality and one shareholder, of any nationality.
Our services for OOD incorporation include:
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.
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.
Your Bulgarian company must have a registered office in Bulgaria, we can provide a registered office service.
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.
Article of Association must be submitted to the registry for incorporation. The Articles must include:
To incorporate a Bulgarian company we initially only require:
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:
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.