Consider Bulgaria: a nation boasting beautiful Black Sea beaches, historic cities, majestic mountains, and a thriving business climate. Bulgaria is not just a delightful holiday destination, but also a promising environment for nurturing and expanding your enterprise. With its favorable business climate and strategic location, choosing to open a company in Bulgaria can provide a significant advantage for international entrepreneurs. Our team at Lawtter Solutions is adept at assisting you in leveraging this potential.
1 890 EUR*
Term of registration
in the registry
in the registry
No personal visit
* The fees serve as informative indicators. Kindly reach out to the attorneys at Lawtter Solutions to ascertain the services encompassed within the registration fee.
Lawtter Solutions serves as your compass in navigating the Bulgarian business landscape.
We possess the resources and expertise to transform the company registration process in Bulgaria from a complex bureaucratic procedure into a straightforward and uncomplicated experience. We impart wisdom, offer tailor-made strategies, and support you at every stage of your business success. Remote operation has indeed become the norm for many corporations, even within regions like Europe.
With Lawtter Solutions, the process of registering a business in Bulgaria becomes not just simple, but also enjoyable. You can remain assured that a dependable ally is safeguarding your interests and striving relentlessly to ensure your Bulgarian enterprise thrives. Broaden your horizons with Lawtter Solutions.
Benefits of Incorporating a Business in Bulgaria
With a low corporate tax rate of merely 10%, Bulgaria ensures that your company can manage its financial dance effectively, without fearing significant revenue loss.
Bulgarian Passport to Europe
As a member of the EU, your products and services can traverse European borders effortlessly, benefiting from duty-free advantages and harmonized regulation. Establishing an association in Bulgaria provides a framework for collaborative entrepreneurial ventures, enabling shared goals to be pursued effectively and efficiently.
Bulgaria boasts a stable economic environment and political climate, fostering a sense of reliability and encouraging long-term business growth.
Bulgaria ranks among the nations with the lowest living and business costs in the EU. A significant fortune isn’t required to establish a prosperous enterprise here.
Harmony of a Skilled Workforce
Bulgaria’s educated and multilingual workforce stands ready to aid your company on its journey toward success.
Thanks to its excellent infrastructure and strategic geographic location, Bulgaria ensures quick and effortless access to major international markets.
The process of company registration in Bulgaria is notably swift and straightforward, enabling you to launch your business promptly.
The domain of Legal Transparency
The Bulgarian legal system is acclaimed for its transparency and fairness, instilling confidence and providing security in business operations.
Balkan Business Gateway
Owing to its location in the Balkans, Bulgaria serves as a conduit between the EU and Eastern Europe, presenting opportunities for market expansion.
Bulgaria offers a plethora of investment support programs and business initiatives, designed to turn your venture into a thriving startup or to expand your existing enterprise.
Bring your unique business vision to life by managing your venture directly and efficiently. Lawtter Solutions will guide you through all the steps of registering and establishing a sole proprietorship in Bulgaria, ensuring an optimal kickstart for your project.
Limited Liability Company (LLC)
Operating a large company entails responsibility and is a full-time commitment. Safeguard your personal assets and minimize your risks by opting for the LLC structure. Registering an LLC in Bulgaria is an exceptional choice for foreign investors aiming to extend their footprint in the European market. Our experts will help you navigate all legal hurdles and ensure a steady launch of your enterprise.
Sole Proprietorship with Limited Liability
This is the perfect solution for those who seek to maintain complete control over their business while enjoying the legal protection an LLC affords. Lawtter Solutions can facilitate this setup efficiently and seamlessly.
Joint Stock Company
Elevate your business to new heights by attracting investment through the issuance of shares. Our team will offer a high level of legal support at every stage of the process.
Sole Shareholding Company
Merge the benefits of a joint stock company with sole management. This presents an opportunity to retain full control while maximizing the advantages of a limited company. With Lawtter Solutions, your sole proprietorship will be registered swiftly and professionally.
Regardless of the business format you choose in Bulgaria, we will provide professional assistance every step of the way. You can trust our competence and reliability. We are here to aid your success.
Prerequisites for Incorporating a Company in Bulgaria
Establish your company in Bulgaria with Lawtter Solutions. We guarantee a swift and dependable registration process. Identifying the core business activity is a crucial first step in launching a successful venture in Bulgaria. The following are the basic organizational and legal requirements:
You need not be a Bulgarian resident to serve as a company director. The key requirements are that you must be over 18 years old and not listed on any sanctions registers.
A shareholder can be a citizen of any country and need not reside in Bulgaria. The minimum age requirement is 18 years.
Your company must have a registered address in Bulgaria. We will assist you in satisfying this requirement without any unnecessary complications.
We will help you select a unique name for your company that complies with all necessary regulations. Company registration in Bulgaria has never been this reliable before.
There is indeed a requirement for authorized capital in Bulgaria. However, the minimum threshold is set remarkably low: only BGN 2 for a limited liability company and BGN 50,000 for a joint stock company.
There is no obligation to open a local bank account, simplifying the process of incorporation and company management.
Bulgarian law does not require a registration agent. We can help you organize everything you need.
Every company is required to prepare and submit accounts within the stipulated deadlines. Our team will assist you in meeting all these deadlines and requirements, ensuring you encounter no issues.
The legal aspect is a central component of Lawtter Solutions' work. We always consider all the nuances of the legal system when offering legal services to our clients. You can fully trust our professional support and advice every step of the way.
Tax System in Bulgaria
Establish your company in Bulgaria and take full advantage of the country’s appealing tax framework with Lawtter Solutions.
With one of the lowest income tax rates in Europe – a mere 10% – Bulgaria creates a vast expanse of opportunities for the growth and expansion of your business.
Value Added Tax (VAT)
The standard VAT rate stands at 20%. Our team will guide you through all the intricacies pertaining to VAT, ensuring your company’s comprehensive legal protection.
The dividend tax in Bulgaria is a low 5%. This low rate enables you to invest and distribute your profits in the most effective manner.
Bulgaria's tax system operates on the principle of worldwide taxation, under which a company's profits are taxed on global income. This makes Bulgaria particularly attractive for multinational corporations.
With Lawtter Solutions, you will not only be able to register a company in Bulgaria but also navigate the local tax system adeptly. We will furnish you with professional assistance and advice at every stage, enabling you to harness all of Bulgaria's tax benefits. Trust in our experience and expertise to ensure your business in Bulgaria becomes a resounding success.
Financial Reporting in Bulgaria
Relieve yourself from the strain and worry of filing reports for your company in Bulgaria with Lawtter Solutions.
Annual Financial Statements
All companies in Bulgaria must submit annual financial statements for the reporting calendar year within six months following the end of the fiscal year. Although this might sound daunting, our assistance will greatly simplify the process. We will provide you with all the necessary tools and knowledge to tackle this task efficiently, without wasting time or resources.
Your company is obligated to publish its annual financial reports in the Commercial Register. With Lawtter Solutions, your reports will be meticulously prepared and published in accordance with all stipulations.
Not all companies are subject to auditing. An audit is required only if your company surpasses at least two of the following thresholds: net income of 4,000,000 BGN, total assets of 2,000,000 BGN, or 50 employees. We will assist you in determining whether these criteria apply to you and provide professional support throughout every phase of the audit.
Rest easy knowing that with Lawtter Solutions, your company will consistently comply with Bulgarian financial reporting regulations. Entrust the preparation and submission of reports to the professionals, allowing you to focus on the growth and development of your business.
Procedure for Incorporating a Company in Bulgaria
The process of opening a business in Bulgaria involves the following steps:
The information supplied by clients allows Lawtter Solutions to effectively resolve legal issues and provide high-quality support. In return, we will furnish you with all the necessary tools and assistance you need to successfully launch your business. The price of setting up a business in Bulgaria is surprisingly affordable, making it an attractive destination for entrepreneurs worldwide. Navigating the process of company formation in Bulgaria opens doors to a host of business opportunities in the European market.
Question — answer
An LLC, or Limited Liability Company, in Bulgaria, has several key features. It offers a high degree of protection for its owners by limiting their liability to the amount of their investment in the company. The minimum capital required for establishing an LLC is surprisingly low, set at just 2 Bulgarian Lev (BGN). It can be owned by one or more persons, who can be of any nationality.
Any individual or legal entity, regardless of their nationality or residency status, can register a company in Bulgaria. The primary requirement is that they are over the age of 18 and are not on any sanctions lists.
The cost of registering a company in Bulgaria can vary depending on the type of business entity you wish to establish. However, at Lawtter Solutions, we aim to provide a cost-effective and transparent pricing policy. Please contact us directly for a detailed quote tailored to your specific needs.
No, you do not need to travel to Bulgaria to register a company. At Lawtter Solutions, we offer a comprehensive remote registration service, allowing you to establish your business in Bulgaria from anywhere in the world.
The duration of the registration process can vary depending on several factors, including the type of company being established. However, in general, the process of registering a company in Bulgaria is relatively quick and straightforward, often taking just 10-20 days to complete with the support of Lawtter Solutions.