New Business Incorporation

New Business Incorporation in BulgariaYou are planning to register a company in Bulgaria and you don’t know where to start from? Leave all your worries aside and let us do this job for you. We are well experienced into the incorporation procedure and we can provide a maximally speed-up registration and starting of the new company. Moreover, in case you are incapable of being present, we will conduct the entire process online and your absence in Bulgaria will not be an obstacle for us.

Establishing a company in Bulgaria is not an easy job, especially for foreign people. It involves numerous steps involving prolonged communication with the local officers at the Registry Agency of Bulgaria, banks, lawyers or notaries, as well as, plenty of complicated documents that need to be filled in and institutions that need to be visited. Trying to register your company by yourself, without the proper knowledge and the experience can cost you plenty of time, money and it can seriously damage your initial investment plans and objectives.

Bulgarian Accountant can undertake the entire process of setting up your new company. We will consult you on the legal form of your company, concerning the nature and the objectives of your future business. We will also:

  • Reserve the name of the company and issue of a certificate for the uniqueness of the name
  • Form and deposit the company’s share capital (minimum BGN 2)
  • Issuance of bank deed certifying that at least 70 % of the registered capital has been paid
  • Appoint a managing body
  • Register in the commercial register at the Registry agency by the appointed manager who possesses representative power;
  • Issue a permit from the competent body for performing specific commercial activity before entry into the commercial register
  • Complete the establishment: Company certificate for entry into the commercial register
  • Register at the respective territorial division of the Registry Agency number within 7 days after the establishment of the company

Once your International Business Company is established, then there is a whole list of other implications that need to be completed in order for the company to be fully compliant with the local tax and legal regulations. These are other registrations such as VAT and National Insurance and, where you employ other people, payroll administration and employment law legislation which complexity is constantly increasing. Bulgarian Accountant is on hand to help. Our professional services for International Business Companies will ensure you are fully compliant with the law and have all the advice and support you need.