{"id":2257,"date":"2016-04-19T14:32:19","date_gmt":"2016-04-19T11:32:19","guid":{"rendered":"http:\/\/91.196.126.206\/soapi\/?page_id=2257"},"modified":"2026-04-23T12:23:06","modified_gmt":"2026-04-23T12:23:06","slug":"register-a-business","status":"publish","type":"page","link":"https:\/\/investsofia.com\/en\/register-a-business\/","title":{"rendered":"Register a Business"},"content":{"rendered":"\n\n\n\n

Establishing new business entities, including with foreign participation, or acquisition of shares in existing local entities is governed by the Commercial Act. There are no restrictions on foreign legal entities and individuals.<\/strong><\/p>\n\n

Most Popular Forms<\/h2>\n\n
\n \n
\n
<\/div>\n
\n
\ud83c\udfe2<\/span><\/div>\n
\n OOD<\/strong>\n Limited Liability Company<\/span>\n <\/div>\n <\/div>\n
\n
\u2713<\/span> Minimum capital \u2014 \u20ac1<\/strong><\/div>\n
\u2713<\/span> At least 1 Director<\/strong> and 1 Shareholder<\/strong><\/div>\n
\u2713<\/span> No nationality restrictions<\/div>\n
\u2713<\/span> Incorporation: 3\u20134 working days<\/strong><\/div>\n <\/div>\n
\n RECOMMENDED FOR STARTUPS & SMEs<\/span>\n <\/div>\n <\/div>\n\n \n
\n
<\/div>\n
\n
\ud83c\udfdb\ufe0f<\/span><\/div>\n
\n AD<\/strong>\n Joint Stock Company<\/span>\n <\/div>\n <\/div>\n
\n
\u2713<\/span> Minimum capital \u2014 \u20ac25,000<\/strong><\/div>\n
\u2713<\/span> Paid-up capital \u2014 min. 25%<\/strong><\/div>\n
\u2713<\/span> 1 Chairman, 3 Board Members<\/strong>, 1 Shareholder<\/div>\n
\u2713<\/span> No nationality restrictions<\/div>\n
\u2713<\/span> Annual audit<\/strong><\/div>\n <\/div>\n
\n FOR LARGE COMPANIES & INVESTORS<\/span>\n <\/div>\n <\/div>\n<\/div>\n\n

All Forms of Business Associations<\/h2>\n\n
\n
\n Sole Trader (ET)<\/strong>\n individual, permanent residence required<\/span>\n <\/div>\n
\n Unlimited Partnership (SD)<\/strong>\n joint and unlimited liability<\/span>\n <\/div>\n
\n Limited Partnership (KD)<\/strong>\n limited + unlimited partners<\/span>\n <\/div>\n
\n Limited Liability Company (OOD \/ EOOD)<\/strong>\n MOST POPULAR<\/span>\n <\/div>\n
\n Joint Stock Company (AD \/ EAD)<\/strong>\n FOR LARGE INVESTMENTS<\/span>\n <\/div>\n
\n Limited Partnership with Shares (KDA)<\/strong>\n hybrid form<\/span>\n <\/div>\n<\/div>\n\n

Registration Steps<\/h2>\n\n
\n
\n
1<\/div>\n
\n Prepare Articles of Association<\/strong>\n

Partnership agreement or charter with notarized signatures. Define company name, seat, scope of activity and capital.<\/p>\n <\/div>\n <\/div>\n

\n
2<\/div>\n
\n Deposit Capital<\/strong>\n

Open an escrow account at a bank. For OOD: min. \u20ac1. For AD: min. 25% of \u20ac25,000.<\/p>\n <\/div>\n <\/div>\n

\n
3<\/div>\n
\n Submit Application to Commercial Register<\/strong>\n

At the Registry Agency<\/a>. Can be filed at any territorial office regardless of seat.<\/p>\n <\/div>\n <\/div>\n

\n
4<\/div>\n
\n Registration & Start of Activity<\/strong>\n

The company comes into existence from the day of registration. You receive a UIC (Unified Identification Code). VAT registration required when turnover exceeds BGN 100,000.<\/p>\n <\/div>\n <\/div>\n<\/div>\n\n

Other Options for Foreign Investors<\/h2>\n\n
\n
\n
\ud83c\udfd7\ufe0f<\/div>\n Branch<\/strong>\n Registered at Commercial Register. Independent accounting. No capital required.<\/span>\n <\/div>\n
\n
\ud83d\udccb<\/div>\n Representative Office<\/strong>\n Registered at BCCI. Marketing & promotion only. No business activities.<\/span>\n <\/div>\n
\n
\ud83d\udcc8<\/div>\n Capital Markets<\/strong>\n Bulgarian Stock Exchange. Regulated by FSC. Investment opportunities.<\/span>\n <\/div>\n<\/div>\n\n
\n
\n \ud83d\udca1<\/span>\n Important<\/strong>\n <\/div>\n

No prior governmental permission is required, except for<\/strong> banking, insurance, investment funds and special concessions. All changes must be reported within 7 days<\/strong>. Annual financial statements must be filed with the Commercial Register.<\/p>\n<\/div>\n\n

Sources: Registry Agency<\/a>, Commercial Act of the Republic of Bulgaria<\/p>\n","protected":false},"excerpt":{"rendered":"

Establishing new business entities, including with foreign participation, or acquisition of shares in existing local entities is governed […]<\/p>\n","protected":false},"author":9,"featured_media":38077,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-info.php","meta":{"footnotes":""},"class_list":["post-2257","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/pages\/2257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/comments?post=2257"}],"version-history":[{"count":1,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/pages\/2257\/revisions"}],"predecessor-version":[{"id":38079,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/pages\/2257\/revisions\/38079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media\/38077"}],"wp:attachment":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media?parent=2257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}