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Limited Liability Company
LLC consists only of limitedly liable shareholders. This means that all founders are liable only to the extent of their share participation in the authorised capital of the company. The minimum authorised capital is in amount of 2 BGN (1 EUR). Company name must contain the abbreviations EOOD, when the company has one founder or OOD, when the company has two or more founders.
| Characteristics | |
Name: | The customer must choose a name, which is unique. Contact us in order to check whether a particular company name is free |
Requirement of local address: | Yes |
Minimum capital requirement: | BGN 2 (1 EUR) |
Minimum number of managers: | one of any nationality |
Minimum number of founders: | one of any nationality |
Legal form: | OOD or EOOD |
Requirement for a manager or shareholder to be a resident? | No, but it is advisable under certain circumstances |
Corporate tax: | 10% of taxable profit |
Services included in the price:
Preparation of all documents for incorporation of the company;Translation of documents of the company to the necessary language;Legalization of documents notarized abroad;Depositing of the company’s equity to a fund-rising account;State fees;Provision of a certificate of registration of the company, translated into the required language;
Cost of service for the establishment of the company by an individual: EUR 400
Cost of service for the establishment of the company by a legal entity: EUR 650
Additional services:
Provision of an address for registration – (EUR 240 per year). Learn more
VAT registration (EUR 120). Learn more
Provision of EORI number (EUR 100). Learn more
Opening of bank account in Bulgarian bank (EUR 170). Learn more
Opening of virtual POS terminal (EUR 200). Learn more
Provision of real POS terminal (EUR 70). Learn more
Valid international passport or ID card of each founder (and manager/s, in case that these are different persons);Bank reference for the founders and/or managers;Notarized consent for the managers and specimen of each manager;If the founder of the company is a foreign person, it is necessary Apostle certification of several documents;
After you send us a scanned copy of your passport or ID card, we will prepare and complete all necessary documents and will send them back to you to read, sign and notarize.
Notarization can be implemented in all Bulgarian Consulates or if there are not any at your near location, it may be performed in any foreign notary.
If notarization is performed by a foreign notary or if the founder of Bulgarian company is foreign legal person, please contact us for more information because the requirements are different for different countries.