Service name | Standard set | Premium set |
Company registration | + | + |
Official address for 1 year | + | + |
Apostil set | – | + |
The Power Of Attorney | – | + |
Bank account | – | + |
Formation fee | 2500 EUR | 2700 EUR |
Fee for yearly administration | 800 EUR | 900 EUR |
Bulgaria, officially republic bulgaria is a country, in the east europe, on the balkans. It is bordered by romania to the north, serbia and macedonia to the west, greece and turkey to the south, and the black sea to the east.according to the constitution of bulgaria is the secular state. The industrial country with the developed agriculture.Member of the European Union since january, 1st 2007.
General information
Area – 110 993.6 sq. km;
Population – 7, 35 million inhabitants;
Capital – Sofia;
Official language – Bulgarian;
Official currency – Lev (BGN);
Legal form of company
In the Bulgaria are available 6 legal forms of companies:
– The collective association
– Limited partnership
– Association with limited liability
– Stock Company
– Limited Joint-Stock Company
– Self employed
Key specials
Bulgaria has agreements for the prevention of double taxation with following EU countries:
Albania, Australia, Austria, Belarus, Belgium, United Kingdom,
Hungary, Vietnam, Zimbabwe, Denmark, Germany, Greece, India, Indonesia, Israel, Jordan, Iceland, Ireland, Italy, Jordan, Kazakhstan, Canada, China, Cyprus, Qatar, Kuwait, Latvia, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Moldova, Mongolia, Netherlands, Norway, Oman, Pakistan, Portugal, Romania, Russia, Singapore, USA, Thailand, Tunisia, Turkey, Ukraine, Uzbekistan, Philippines, Finland, France, Croatia, Czech Republic, Switzerland, Sweden, Sri Lanka and Montenegro, South Africa, South Korea, Estonia, Japan.
Corporate legislation
– The commercial law of bulgaria.
Share capital
Limited liability company – 2 500 Euro
Joint-stock company – 25 000 Euro
Bank account opening
For bulgarian company we offer bank accounts in following countries:
Latvia
Estonia
Lithuania
Switzerland
Cyprus
Denmark
St. Vincent and the grenadines
Belize
Seychelles
Tanzania
Bosnia
Hong kong
Dubai
The main requirements for the directors and shareholders of the company (Limited liability company)
The legal status – a legal entity
Founders, shareholders – minimum one
Status of – private or corporate persone
Residence – can be resident of any country
The government
Directors – minimum one
Status of – private persone
Residence – can be resident of any country
Secretary – one (private persone)
* The registered office and address must be in Bulgaria
The main requirements for directors, shareholders
The legal status – a legal entity
Founders, shareholders – minimum three
Status of – private or corporate persone
Residence – can be resident of any country
The government The Board of directors
Directors – minimum one
Rtatus of – private persone
Residence – can be resident of any country
Secretary – one (private persone)
* The registered office and address must be in Bulgaria
Taxation
Value added tax (vat) of – 20%;
Income tax of – 10%;
Dividend tax of – 5%.
Accountancy
Annual Report;
Added tax declaration;
Financial statements.
Disclosure of beneficial ownership to government authorities
Disclosed
Timeframes
New Company registration takes from 1 day.
Shelf companies are available.
For more information, please contact us.