Company Registration in Bulgaria
                     
COMPANY REGISTRATION IN 
BULGARIA
INCORPORATION IN BULGARIA
 Bulgaria has a strategic location, 
allowing investors to access the entire 
EU and the markets of central and 
Eastern Europe.
 Bulgaria has a predictable and stable 
economy and government.
 It boasts the lowest corporation tax in 
the EU at only 10%, and is even 0% in 
areas of high unemployment.

ADVANTAGES OF INCORPORATING IN BULGARIA
 Can be incorporated within Minimum 
paid up 
2 weeks. share 
capital 1 
 Minimum paid up share Euro
Incorpo- 
capital is 1 Euro. Lowest Labour ration 
Costs within 2 
 Lowest labour costs in weeks
Europe. Advant- 
 Availability of skilled ages
workers. Skilled Member of 
workers European 
 Member of EU, thus, giving available Union
access to 500 mn. market. Tax holidays 
 Tax holidays up to 5 years up to 5 years
available.
DISADVANTAGES OF INCORPORATING IN BULGARIA
 Small domestic market.
Small 
 2nd most corrupt country Domestic Market
of EU. Below par 
infra- Corruption
 Tough to obtain structure
construction permits.
Disadva
 Below par infrastructure n- tages
and energy sector. Tough to get High crime 
constructio rate
 High-crime rate. n permits
Unmaintai
 Inadequate maintenance n- ed water 
of water reservoirs. reservoirs

TYPES OF COMPANIES SUITABLE FOR INCORPORATION 
IN BULGARIA
 Bulgaria is a great 
Manufac place for the formation 
- turing
of a manufacturing 
company.
 Bulgaria is a good 
Suitable 
Compani place to establish 
es trade with Russia.
Trading 
Compan Marketin g It is also a great place y for marketing, as it is 
a member of EU.
FEATURES OF AN LLC
 Bulgaria boasts the lowest corporate 
tax rate in Europe at just 10%.
 Founders of a Limited Company in 
Bulgaria can be local, foreign 
individuals or legal entities.
 Very low capitalization requirement – 
BGN 2 (Approx. Euro 1), formed by the 
shares of its shareholders.
Min. 
Authorized 
Capital of 
5000 BGN
1 BGN To 
Registered Be Paid Up 
Office In 
Bulgaria Requiremen Before Registratio
ts For n
Establishing 
An LLC
VAT Is 
Obligatory Visit To 
For Bulgaria 
Companies May Be 
Exceeding Required
75000 BGN
REQUIREMENTS OF LLC
 Minimum authorized capital is BGN 5,000.
 At least BGN 1 must be paid up before 
registration.
 A visit to Bulgaria may be required 
dependent on the activity of the new 
company and where the ultimate beneficial 
owners are based.
 A registered office address in Bulgaria is 
required.
 VAT is obligatory once a  Bulgarian 
company’s turnover exceeds 75000BGN.

PROCEDURE FOR REGISTRATION
 Step 1: Name of the Company
You must pick a name of the 
company which will identify your 
venture on the market as well as 
before government institutions. 
Certain name parameters must be 
taken into account. The name itself 
could be chosen and occupied prior 
to the entire registration process (the 
latter is not compulsory but could 
represent a useful move in some 
cases).
...CONTD.
 Step 2: Escrow Bank Account Registration
You will be required to register a special 
escrow account in some Bulgarian bank 
for the purposes of the entity’s equity and 
legal registration. The initial bank account 
registration is a mandatory step according 
to the Bulgarian rules and regulations.
 Step 3: Business Address Registration
The address registration is the next 
mandatory step in the process of your 
company’s setup. Your company will need 
to have a Bulgarian address.
...CONTD.
 Step 4: Registration in the Government 
Official Register
According to Bulgarian laws, every new 
business venture must be registered in the 
publicly available Official Commercial 
Register.
 Step 5: Stamp Registration
Each newly registered business venture need 
an official stamp that can be used for 
endorsement of its formal activities. Despite 
being an additional after-registration step, the 
stamp registration has basically an obligatory 
function for the business set up in Bulgaria.
CONCLUSION
Therefore, it can be easily concluded 
that registering a company in Bulgaria 
can be of great advantage to the 
investors and incorporators. However, 
one must be well-aware of the 
hindrances in the establishment of the 
company.