Bulgarian.LLC – Your trusted partner for company formation, business and legal services in Bulgaria. We build solid foundations for your success!
Company Formation • Legal • Accounting
Bulgarian.LLC – Your trusted partner for company formation, business and legal services in Bulgaria. We build solid foundations for your success!
Over the past seventeen months we answered more than a thousand enquiries from founders
in the EU, the UK, the Middle East, Asia and the Americas. The same questions come back
every week, so we have collected them and answered them in one place.
They are ordered by how often we actually receive them, not by what is
convenient to explain. Where there is a fixed price, the price is here. Where there is a
deadline, the deadline is here. And where the honest answer is “it depends on your case”,
that is here too.
Yes. The incorporation itself can be completed entirely through a power of
attorney: you sign it before a notary in your own country, and we file everything in
Bulgaria. You do not need to be present to have the company registered.
5 to 7 working days from the moment we have the complete file. What
usually decides the real timeline is not the registry but how quickly your documents are
collected, translated and legalised on your side.
The statutory minimum is BGN 2, about €1. It is not a fee — the capital
stays an asset of your company. Founders sometimes register a higher amount because it reads
better to banks and counterparties, but the law does not require it.
Yes. An EOOD is the single-owner form and the same person can serve as
manager. You do not need a Bulgarian partner or a local nominee director. Some regulated
activities — international road transport is the usual example — require an additional
qualified person, and we flag that before you commit, not after.
Every Bulgarian company needs a registered address for official correspondence. A
virtual office address with mail handling costs €50 per month and is
accepted for registration. It is a legitimate long-term arrangement, not a temporary
workaround.
For a straightforward incorporation: a passport copy of each shareholder
and manager, two or three company name options, and the intended business activity and
ownership split. If the founder is a company, we also need a registry extract and the
resolution to incorporate.
You get the exact list before you start collecting anything — so you do
not pay for translations and apostilles you turn out not to need.
Yes, we hold clean shelf companies with no trading history. It makes sense
when time is the binding constraint. Note the difference from buying an existing trading
company: with the latter you inherit its liabilities, so it needs proper due diligence first.
Our typical formation package:
| Company registration (EOOD/OOD) | €1,500 |
| Virtual office address | €50 / month |
| Accounting & tax compliance | from €150 / month |
The registration fee includes legal representation, translations and notary
fees. Licences for regulated activities are quoted separately, on demand.
No hidden ones. What sits outside the package is stated up front: state and registry fees,
apostilles and legalisation of foreign documents, licence fees where your activity is
regulated, and any work outside the agreed scope — which we quote and you approve before we
do it.
For a small company the recurring cost is the registered address (€50 per month) and
accounting (from €150 per month). Accounting scales with real volume — number of documents,
employees, VAT status and cross-border activity — so a dormant company sits at the bottom of
that range and a trading company with staff does not.
Yes. For anything beyond a standard incorporation we review your case first and then issue
a fixed quote — not an hourly estimate that drifts. If your situation turns
out not to work the way you hope, we say so at that point rather than after you have paid.
Usually not. Bulgarian banks run KYC checks that in most cases require the owner to attend
in person. We prepare the file, choose the bank that fits your profile and attend the meeting
with you — but the trip itself is rarely avoidable.
The share capital must be evidenced for registration, and with a €1 minimum this is a
formality rather than a funding exercise. It does not have to become your operating bank —
that is a separate decision you can take after the company exists.
Many founders do run day-to-day operations through an EMI. Be aware of the trade-off: EMI
accounts are quicker to open but are more easily frozen or closed, and some counterparties
and licensing regimes expect a real bank. If your activity is regulated, assume a traditional
bank account will be required.
Yes, and it happens. Banks price risk themselves and look harder at non-EU ownership,
unclear source of funds and activities they consider sensitive. That is exactly why we discuss
your activity and ownership structure before the bank meeting and approach the
institution where your profile has the best chance.
Registration becomes mandatory once turnover passes the statutory threshold, and it is
available voluntarily from day one. Voluntary registration usually pays off if you buy from
EU suppliers or import, because you can then reclaim input VAT instead of absorbing it.
Yes. If you sell to consumers in several EU countries, OSS changes where
the VAT is declared and at which national rate. Getting this wrong is one of the more
expensive mistakes in e-commerce, because it surfaces only when several quarters have already
been filed incorrectly.
VIES is the EU system for validating VAT numbers on intra-community transactions. If you
invoice VAT-registered businesses in other member states, your number needs to be valid there
and the transactions reported. We file the VIES declarations as part of ongoing compliance.
Yes — monthly VAT returns, VIES declarations, annual corporate tax filing and the
correspondence with the National Revenue Agency are part of the accounting service, not
separate one-off jobs.
10% corporate tax on profit and 5% dividend tax on
distribution. That combination is the main reason founders look at Bulgaria in the first
place.
The 183-day test is one route to personal tax residency, but it is not the only one — your
centre of vital interests matters as well. And company tax residency is a separate question
from your own. Where people get into trouble is assuming that registering a company moves
their personal tax residency automatically. It does not.
Possibly — it depends on where you personally are resident, not only on
where the company is registered. Double taxation treaties exist to stop the same income being
taxed twice, but they do not automatically cancel obligations at home. This is the single
question we most often see answered wrongly by founders acting on forum advice, and it is
worth an hour of proper review before you restructure anything.
Yes, where the substance genuinely supports it. A certificate is issued on facts — presence,
ties, and where the business is actually run from — so we look at your situation first and tell
you whether the application stands up before filing it.
Yes. Ownership is open to non-EU nationals and the incorporation route is the same. What
differs is everything around it: the banking file is examined more closely, and living or
working in Bulgaria requires a visa and permit that ownership alone does not grant.
Not by itself. The usual sequence is a Type D long-stay visa from
€1,450, followed by a residence permit from €980 once you are in Bulgaria.
Government fees — visa, permit, translations, health insurance — are paid to the authorities
and are separate from our fee.
The company is the quick part. The visa and permit steps depend on your nationality, the
consulate handling your application and the Migration Directorate’s workload — which is why we
quote a route and a realistic range for your specific case rather than a single number that
would be guesswork.
Yes, through family reunification, quoted from €1,290 per family member
after we review the case. It runs as a separate application from your own permit and depends
on your status being settled first.
There is a basis if Bulgarian origin can be documented in the direct line —
usually through a parent, grandparent or great-grandparent. What matters is not family memory
but a record the Bulgarian authorities accept. So the first step is never filing; it is
checking whether such a record exists or can be found.
Our service starts from €2,500, covering coordination of the procedure,
document analysis, preparation and filing of the case, and legal support throughout. A focused
document screening runs €120 if you want the eligibility checked before
committing to anything larger.
Expect the procedure itself to take more than a year. The timing is set by
the Bulgarian institutions and by how accessible the archives are — anyone promising a firm
date is not being straight with you.
Then the work is archival research: establishing which archive holds
records for the relevant village and period, filing formal requests, and where necessary
attending in person. It is quoted separately from the citizenship service because the outcome
is genuinely uncertain — the result may be that no document with legal value exists.
Yes. You sign a contract with our Bulgarian company setting out scope, price and deadlines,
and every payment is invoiced by that company. Nothing gets billed along the way that you have
not approved in advance.
Yes, and for anything non-standard we recommend starting there:
| Basic consultation (30 min) | €50 |
| Detailed consultation (60 min) + written summary | €100 |
| Express consultation (same day, 30 min) | €80 |
You leave with the options, the realistic timeline, the risks and a plan for what to do
next — and a written summary where that applies.
We coordinate the process and work with licensed, bar-registered Bulgarian
lawyers for legal representation, court filings and regulated procedures. For work
that requires an attorney, an attorney does it — you are told which is which rather than left
to assume.
Send a short description of what you are planning — what the business will do, where you
are based, and what outcome you need. That is enough for us to come back with a concrete
answer and a price instead of generalities. For more complex cases we will suggest a
consultation first.