Bulgaria is an EU country with an attractive tax system. This country is not offshore and is distinguished by minimal corporate tax in the EU and the absence of double taxation with many states.
The client needs to provide 3 variant names of the company. We will check the availability of these variants for registration and offer free options for the final choice. If all three names are filled, we will ask for additional ones. Three names provision isn't a mandatory requirement, but will speed up the verification process.
The client needs to prepare personal documents for company registration. Preparation can be carried out in parallel with the first stage. The exact list of documents depends on the characteristics of the future company. Usually, a copy of the passport and confirmation of the address of the company's participants, as well as a power of attorney, should be provided.
A package of documents is formed for submission to the Register based on the data provided by the client.
The collected package of documents is submitted to the Register. After that, the documents are processed by the registrar and the company is entered into the Register database.
After entering the company into the Register, you can see its registration data in it and if necessary order paper versions of the statutory documents with or without certification. The specialists of our company will help you with all the necessary certification (notarization, apostille) and translations into other languages, if necessary.
Before starting a business in Bulgaria, a businessman should know the basic information about this procedure and the requirements for opening a firm:
Having decided to open a company in Bulgaria, remember that the state sets one obligatory requirement. Companies must hold at least one meeting of the founders per year.
If you are interested in Bulgaria company registration, the price of this procedure will depend on many factors, so the cost is determined individually.
Among other things, scanned copies of documents are required to register a company in Bulgaria, including notarized ones, which also affects the pricing.
The following documents are needed:
If the shareholder is a legal entity, additional documents are required:
Besides the preparation of the documents and their copies, you may need certain services that will help to ensure proper functioning of the Bulgarian company.
In the first year of a company with direct ownership and management, you will need the following services:
The services of a local company agent will also be required.
Subsequently, businessmen may need services for the preparation and submission of financial statements, the cost of which depends directly on the number of accounts and transactions in them.
Additional services may be required for Bulgaria company registration. They are not mandatory but also affect the cost of the registration procedure:
It takes about 3-4 weeks to register a company in Bulgaria. The process will start as soon as all the documents required for this procedure are submitted. Among other things, the speed of courier services, through which the businessman will send copies of documents to Bulgaria, affects the term of opening a company.
If you have decided to register company in Bulgaria from other countries, please contact our specialists. We offer comprehensive and quality company registration services in Bulgaria at affordable prices.
Starting a business in Bulgaria is beneficial for businessmen:
Before starting a business in Bulgaria, businessmen should familiarize themselves with all the subtleties of running a business in this country. The positive sides of Bulgarian enterprises:
Despite the advantages, Bulgaria company registration includes several subtleties:
The taxation system in this country is based on the common rules of the European Union and the loyal attitude of the local tax authorities. If you decide to register company in Bulgaria, remember that there are two rates of VAT in the state:
If you decide to start business in Bulgaria, the tax on dividend payments will be 5%, but the rate can also be reduced to 0%. It is possible if payments are made to a parent company registered in the EU.
If services and consumer goods are purchased for the company and used during the operation of the company, the tax will also be refunded. These can be personal computers, laptops, production machines, utilities, and so on.
Frequently Asked Questions:
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