Company incorporation in Bulgaria

Company incorporation in Bulgaria

Company incorporation in Bulgaria

frequently asked questions

No. It is almost impossible to open IBAN, what is obligatory condition to register a company at the Commercial register.

Yes, only the company’s registration at the at the Commercial register is possible. IBAN not, as banking required the company’s owner personally visiting their offices.

Yes, sure after the registration in electronic Bulgarian Commercial Register (part of the Bulgarian Registry Agency),
we can do all company registrations, required to do business in EU and worldwide. Tax & virtual office addresses
are subject of special inquiry submitted to the National Revenue Agency (NRA.bg).

Yes, at any office of the National Revenue Agency (NRA.bg). It is recommendable from the logistics point of view & better
Co-operation with the Bulgarian authorities, tax & virtual office to be declared at the tax/accounting consultants’
Registration, its local NRA.bg office.

Yes, we will introduce you to prestigious Bulgaria real estate & lawyers’ companies (our trusted partners) to help
you achieving the desired result.

Yes, we provide our Clients with establishing a Bulgarian entity & required assistance in navigating the legal
& administrative procedures involved in setting up a company in Bulgaria. This includes but is not limited
to registration, licensing, and compliance with local regulations.

Shortly: YES, we provide all administrations services/support to do business in Bulgaria, EU & worldwide:

a) Company Setup in Bulgaria, diamond service package -> 1,150 EUR (200 EUR more for non-EU citizens) all registrations needed (not only Commercial register, there are another 4 registrations), 2 visits in Sofia, 1 week distance -> 1 day each, I m p o r t a n t: 150 EUR will be deposited at the IBAN in EUR, so consider this money paid back + full logistics support saves 150 EUR taxi cabs’ fees, make your real charge 950 EUR;

b) Accounting services starting package -> Financial accounting (till 25 documents) -> 45 EUR monthly / HR and Payroll Management -> 40 EUR monthly till 3 (three) employees

c) Annual closing & FS publish, package of 3 (three) services (till 1,000 DOCs per year) -> 250 EUR;

d) Assistance with EU Paperwork -> 17 EUR / hour. How we work: fast intro of our business policy, contract, prices & POAs signing, 1st installment paid & then services start.

e) I m p o r t a n t: Remote registration (w/o visiting Sofia) is possible, BUT does not allow IBAN opening at a prestigious, traditional Bulgarian bank, as banking require owner’s personal visit.

We could prepare for you ready-made company with all registrations (with its name, subject of
activity, capital, IBAN etc., after your advices), will need just to transfer the ownership when you
visit Sofia, leaving a minor BG shareholder participation -> I M P O R T A N T: ONLY this scenario
guarantees immediate operating IBAN @ prestigious international banking,
another advantage: only one visit needed in Sofia (5 working days).

Better visiting Sofia, Registry Agency sometime does not recognized documents authorized abroad,
fully remote registration on the other hand will increase expenses at least 300 EUR.

Bulgaria is Official EU Member State, therefore companies which are headquartered and registered
in Bulgaria and has activities abroad are NOT Offshore companies.

2(two) BGN for OOD/EOOD (Ltd/LLC) & 50,000 (fifty thousands) BGN for AD/EAD (JSC).

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