Contact us to discuss the cost of service, which is one time only – including all fees and expenses related to the registration of an EOOD/OOD company. Following we can manage operational services – legal corporate obligations or the company on your behalf – they depend on the number of handling per month.

LTD (also LLC or EOOD/OOD) means a Limited liability company. That is the most suitable way of business organization for small and medium businesses. Your Ltd company is easy to manage with low cost for operation. Bulgarian limited liability companies of EOOD and LTD are exactly the same to the outside world and all third parties dealing with them. The only difference is the number of equity shareholders. EOOD is a limited liability commercial entity with only one (sole) limited shareholder. OOD is a limited liability company consisting of two or more limited shareholders.

Yes, you need an address in Bulgaria as an official company address. For practical reasons that address can be put on our BG ADVISE company address. We can also provide you with a company’s address (virtual office), linked to services. It will be used to receive any official correspondence for the LTD from the official authorities to that address. We will resend them to you with explanation.

The minimum nominal capital of the company is 2 BGN that is about 1 EUR (equal to 1.95583 BGN). The capital is divided into shares with minimum amount or 1 BGN each. Higher capitals are perceived as more serious, so we advise our clients to create a company with nominal capital of 500 BGN / 250 Euro.

You will have your company registered in 3-5 working days.

Once your company is registered in the Commercial Registry it has no VAT registration and can only operate in Bulgaria. If you need to invoice foreign companies a VAT (VIES) registration shall be needed. It takes about up to 2 weeks after all documents are signed to receive the VAT number.

There are industries that require applying for special licenses or permits. For detailed information you can contact us.

Corporate tax of 10%. Dividend tax of 5%. Withholding tax of 10% or 5%. VAT of 20%, separately from tourism.

Setting up a company in Bulgaria is suitable for various business models operating in different fields and looking for cost reduction and new opportunities on the international market.