Overview of Location
Bulgaria limited company is a great option to choose to set up a business with strategic access to European, Asian, and Middle East markets. Further to the prestige of this Member state of the EU, Bulgaria can offer a rapidly growing economy and a favorable taxation policy. Limited companies in Bulgaria as well as private individuals can enjoy a 10% tax rate. What is more, is that there is a fixed rate for the withholding tax upon paying out the dividends which constitutes an amount of 5% only.
Bulgarian Private Limited Company (OOD or EOOD) can be formed with a sole director/shareholder (irrespectively of the place of residence) and with minimal paid-up capital in the amount of EUR 1. Our team will provide you with full guidance and assistance while preparing the necessary KYC files and the company’s Memorandum and Articles of Association in full compliance with the Bulgarian regulatory framework.
As soon as the company is duly incorporated with the Bulgarian Chamber of Commerce and Industry (BCCI), it will receive a unique identification number. Further to it and depending on the business nature, the company may require to be registered as a VAT payer and to submit VAT returns accordingly. Since the newly established Limited company will be in Bulgaria, it may benefit from the EU single market and proceed with the onboarding in local or abroad banks and other payment institutions in Europe. There is a great variety of current options where to open the current account for the EOOD operational needs.
We ensure that your company will be compliant with necessary permits and arrangements for business whether providing services, trading in goods, or other industries. Incorporating a Bulgarian limited company may discover great opportunities for the expansion of your business operations while offering the best taxation incentives and environment for investments.
Required Documents
List of files necessary for setup.
- Certified copy of your passport;
- Certified copy of your utility bill;
- CV for shareholder and director;
- Professional reference letter.
Features and Benefits
Peculiarities associated exactly with this jurisdiction.
- Local corporate bank account opening;
- Annual maintenance of company: annual return and registered address;
- Assistance with VAT returns;
- Preparation of annual accounts;
- Maintenance and annual review of UBO register.
Formation package includes:
- Our genuine daily support;
- Original certificate of Good Standing;
- 1 year covered state fees, registered address;
- VAT registration.
Formation Steps
Define your business activities and choose a name that suits your brand.
Name check and reservation. Preparation of the KYC (Know-Your-Customers) and other due diligence files.
Registering an entity with the Bulgarian Chamber of Commerce and Industry (BCCI). Acquisition of the corporate files.
Corporate accounts opening.
Need more details?
Inquire now to get all information about this jurisdiction.
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Let's set up Your business together
If you are looking for someone that will assist set up and maintenance of your business, you are in a right place. We strive to build relationships with our clients and partners in a way that you could rely on us.