Company registration in Bulgaria

Name of service Bronze Silver Gold Platinum Brilliant
Company name verification and reservation in Register of Legal Entities (Търговски регистър и регистър на юридическите лица с нестопанска цел) Verifying the availability and reserving of your preferred company name in the registry
Company registration in form of EOOD/OOD including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Incorporation Document This document confirms the company's registration and includes information such as the company's registration number, legal form, registered address, shareholders, management structure, and other relevant details. It is issued by the Register of Legal Entities
Articles of Association This document outlines the company's constitution and internal regulations. It includes details about the company's name, registered office address, purpose, share capital, shareholders' rights and obligations, management structure, and other important provisions
Company seal Gathering, processing and filing the necessary paperwork for registration with the social insurance fund (Sodra)
Assistance in opening a corporate bank account in the payment system Collection, processing and filing of the documents required for opening a corporate account with a payment system, including consultation of appropriate jurisdiction
Assistance with a VAT number obtainment in National Revenue Agency (Национална агенция за приходите) Assistance in obtaining a VAT number for your company
Assistance in a corporate bank account opening in: UniCredit Bulbank, BANKA DSK Collecting, processing and filing the necessary documents for opening a corporate account with a local bank
Assistance with a EORI number registration Collecting, preparing and filing the necessary documents for obtaining a EORI number
Assistance in opening a personal bank account Collection, processing and filing of the documents required to open a personal account, including consultation of appropriate jurisdiction
Apostilled and Translated company documents Apostille certification and consular legalization of documents, depending on the country of operation
Director (EU resident) for one (1) year Provision of a European Union resident director to open account with a local bank
Assistace in obtaining residence permit Collection, execution and submission of the necessary documents for obtaining a residence permit
Free consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need
Total cost
700 EUR 1700 EUR 2900 EUR 3900 EUR 9000 EUR
Remote company registration with transfer of authority
300 EUR 300 EUR 300 EUR 300 EUR 300 EUR
Accounting services
120 EUR 120 EUR 120 EUR 120 EUR 120 EUR

Deal of the month

If you will register a company until July 31,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Bulgaria is an independent European state which became a full member of the EU in 2007. A favorable investment climate has been created here, a transparent system of registration of the foreign companies operates. The state gives support in the development of the business of non-residents. The registration of the company in Bulgaria provides many opportunities for business development. This is an entrance to international markets, activity in the developed European space, in the conditions of economic stability.

Major Forms of Legal and Business Presence

If you wish to become present in Bulgaria and conduct business in this jurisdiction and worldwide, this is possible to accomplish in one of these forms:
  • Limited Liability Company (LLC) – is a body corporate suitable for carrying out small and medium businesses. Members of this company bear restricted financial liability for the results of the entity’s operation, within the amounts of their investments only. The registered statutory capital of a limited liability company shall be not less than BGN 5,000.
  • Joint-Stock Company – a body corporate suitable for a large business that intends to involve extra financing from the public subject to the fulfillment of certain conditions. This entity has to be formed by one or more natural or corporate persons. The minimum amount of the statutory capital of a joint-stock company shall be BGN 50,000. For certain types of regulated businesses (like banking), this value may be higher.
  • General Partnership – an option for doing business that can be arranged by two persons at least with unrestricted liability for the results of the joint operation under a common business name for such partners. Management is conducted jointly too in this case.
  • Limited Partnership – an option for doing business where there are (i) at least one partner who bears the unlimited liability for the results of the joint business cooperation and also manage such joint activities, and also (ii) one or more limited partners who are liable within the amounts of their contributions made; they cannot participate in arranging management of such joint business activities.
Other forms of organizations are provided by the legislation of Bulgaria, for example, enterprises with unlimited liability. However, their co-owner may be a foreigner only if he is a permanent resident of the country. Non-residents can register partnerships, acting as their members but there are no tax privileges for them. The joint ventures have the right to provide banking and insurance services (provided for obtaining the license). LLCs are made for the implementation of trade and investment activities. All the enterprises in Bulgaria are unified for the purpose of taxation. Prifinance specialists will help to choose the optimal form for the companies. The decision is made based on the specifics of the activity and the volume of the planned operations.

Registration Requirements and Steps

The professional registration and service of the company in Bulgaria are carried out by Prifinance employees from its start and up to completion. In general, this registration process covers these preliminary steps:
  1. Identifying key business priorities and activities you are going to realize through the intended enterprise.
  2. Appointing a representative who will carry out registration and other related actions in Bulgaria.
  3. Selecting a business name for a future body corporate.
  4. Collecting all compulsory details about the founders, beneficiaries, and managers of the prospective enterprise.
  5. Arranging a business address for the future company.
  6. Determining the size of the authorized capital and the proportions in which the equity participation is carried out. Depositing such an amount. Later, such an account may be used for carrying out daily transactions of the newly formed company.
  7. Preparing constituent documents for a future body corporate.
  8. Forming and executing the standard package of the documents that includes:
    • application of the established form;
    • director's declaration (assured by the notary) about the consent to manage the company;
    • a declaration (does not require assurances) about the intention to perform only those actions that are permitted by law and notified to the authorized bodies;
    • charter with the constituent protocol;
    • receipts confirming the fact of payment of all registration fees;
    • bank statements on making contributions in favor of the formation of the authorized capital;
    • a declaration confirming the correctness of all data recorded in the documents;
    • power of attorney – in case of delegation of the authority to the nominal representatives.
  9. Registering with tax and social security state bodies.
  10. Applying and obtaining licenses and special permits for specific regulated activities a future entity is going to conduct./li>

Legal and Regulatory Framework

Local legislation can be justifiably considered as favorable for conducting entrepreneurial activities both locally and worldwide. Major business regulatory authorities that operate in this jurisdiction are the Ministry of Economy, the Financial Supervision Commission, and the Bulgarian National Bank. The principal legal act in the area of doing business is the Bulgarian Commercial Law. The legislation does not set strict requirements for the national composition of the founders. The registration can be carried out by both local residents and non-residents. But, the registration and maintenance of the company in Bulgaria is carried out taking into account the peculiarities of the legal framework of the legislation for non-residents – the Law "On Foreigners in the Republic of Bulgaria". The provisions of tax legislation make up a separate category of normative legal acts. It is relevant for all the foreigners carrying out the activities within the country. These are the provisions of the laws "On Corporate Income Tax", "On VAT", as well as the rules regulating the payment of local taxes and fees. The simplified taxation is applied here only for certain types of activities, there are obligations to maintain accounting, preparation and submission of reports.

Tax System in Bulgaria

If you are considering an option of company registration in Bulgaria, keep in mind these tax highlights you may find beneficial for doing business there:
  • Corporate income tax (CIT) rate – 10%
  • Personal income tax rate – 10%
  • Value-added tax rate – 20%
  • Withholding tax rates – (i) dividends – 5% (ii) interests – 10% (iii) royalties – 10%
  • Capital gains tax rates – (i) corporate – the same as the basic CIT rate (ii) personal – 10%
It should be noted separately about two VAT rates in Bulgaria:
  • 20% - for most taxable transactions;
  • 0% - for export operations and those ones that are not subject to taxation under international agreements.
The country has agreements with many states on the avoidance of double taxation. The corporate income tax rate is considered one of the lowest in Europe. The base for calculating the taxes of legal entities is reduced by the amount of dividends.

Advantages of the Jurisdiction

Company formation in Bulgaria is beneficial for a number of reasons:
  • This is a prestigious European jurisdiction that provides the access to the perspective markets.
  • Loyal legislation promotes the implementation of profitable activities.
  • It is possible to carry out direct transactions here without notifying the state bodies about the carried out activities.
  • The jurisdiction provides an access to the opportunities provided to the EU countries.
  • The registration procedure here is simple and fast.
  • Entrepreneurs have the right to conduct financial reporting under the IFRS standards.
  • There are many incentives for foreign investors in certain industries (manufacturing, R&D works, education, production of electricity from renewable sources, etc.).

How Prifinance Specialists May Help You

Our professionals are ready to assist you with getting a more precise overview of benefits you can get from a Bulgarian enterprise as well as consult you about the peculiarities of doing business in this country and worldwide. We offer company incorporation and bank account opening services in Bulgaria and worldwide. New registration and ready-made options. Provide extensive details for more precise consultations and suggestions that can be effective for your future project.


Our clients

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again