Bulgarian Companies

Bulgarian Companies Bulgarian Incorporation Services- Banking - Accounting - Legal Support Therefore we save our clients money for office rental. VAT – 20%.

INCORPORATION IN BULGARIA

Through our online service we offer our foreign clients the opportunity to register a Bulgarian company without being physically present in the country. Our incorporation package is exhaustive and includes the following services:



Registration of the company at the trade register
Opening an accumulative company bank account
Arranging a company seal
We provide the cash

needed for the company’s founding capital
We use our office as a business address of the newly founded company. Incorporation in Bulgaria offers many opportunities for cost saving. By registering a Bulgarian company you can take advantage of the favorable tax system. The country boasts one of the lowest corporate tax rates in EU – 10% flat rate. The simplicity of the tax system makes calculations very easy further decreasing your administrative costs. All that combined with lower labor costs mounts up to significant cost savings. Statistics show that our clients decrease their administrative and tax expenses with more than 20% on annual basis. SOME INFORMATION ABOUT THE TAX SYSTEM IN BULGARIA


1. Corporate tax – 10 % of the net profit per year;

2. Dividend tax 5% – only in case of real payment of dividends;

3. The EU internal deliveries and the export are free of VAT;

4. 10% personal income tax. The Dividends are free of tax after they being shared between the shareholders and after the 5% dividend tax is paid. SOME INFORMATION ABOUT THE BULGARIAN LTD COMPANY:

The type of the company that we recommend is LLC /OOD, EOOD/. Its specifics are:

1.The shareholders could be one or more.

2.The only shareholder could be also the sole director of the company.

3.There isn’t a requirement to have local Bulgarian shareholder or manager or secretary etc.;

4.No annual fees for keeping the registration of the company.

5.The shareholders are not responsible for the debts of the company.

6. The shared capital starting from 1 euro up.

https://www.companybulgaria.com/register-company-bulgaria/
23/03/2020

https://www.companybulgaria.com/register-company-bulgaria/

REGISTER COMPANY IN BULGARIA To Register company in Bulgaria – is there any real benefit?   The size of the corporate tax in Bulgaria is 10% and this is something that sounds great. But there are also other countries where the corporate tax is also low. For example, in Poland, Cyprus, Estonia and...

Things to know before opening a company in Bulgaria.So what should you know before opening a company in Bulgaria? We wou...
07/06/2019

Things to know before opening a company in Bulgaria.

So what should you know before opening a company in Bulgaria? We would like to cover the main points that have made Bulgaria such a popular destination for businesses and individuals alike.
First and foremost, it is the economic environment.

For the last 7 years Bulgaria`s economy has been steadily growing. Something that should be of utmost importance to every business owner. This means that your business and funds are safe.
The second factor is the Bulgarian banking system. Recently the European Central Bank completed a stress test to which all banks were subjected to. This showed that the banking system in Bulgaria as a whole is liquid enough to sustain any significant imbalances.
Perhaps the most interesting subject is the taxation system.
Bulgaria currently has the most beneficial tax system for business. With a flat corporate tax and a flat income tax of 10% this will allow your firm to get ahead of all your competitors.
In most Western countries corporate tax can get up to 50+%.

Now that we have gone over the main things one needs to know the next question is how can you execute such a decision?

Thankfully thanks to modern advances in internet security and e-government systems you can now complete the whole process remotely without ever having to visit Bulgaria.

This means that by choosing the right professional and reputable partner you can incorporate a company, handle all your accounting needs, open a bank account and resolve any legal inquiries that may come up.

Here at Bulgarian Law we have a dedicated team of lawyers, solicitors, accountants and economists with over 20 years of experience in the field.
Let us help you make the best decision for your business. The initial consultation is always free of charge. Contact us.

01/06/2019

Purchasing property in Bulgaria from a bailiff by participation in an auction procedure Step 1: Organising a viewing of the property – contact with the bailiff; Step 2: Checking the documents for the sale - mandatory done by an attorney; Step 3: Drawing up and submitting a bid - 10% of the price h...

Is it a good idea to open a company in Bulgaria? Is it a good idea to open a company in Bulgaria? This is a question tha...
30/05/2019

Is it a good idea to open a company in Bulgaria?

Is it a good idea to open a company in Bulgaria? This is a question that is coming up more and more often because of the countries booming economic and favorable tax laws.
We will go in greater detail as to why is it one of the best business decisions currently.
First off we should look at the macroeconomic picture.
The GDP of Bulgaria has been growing with a steady pace since 2012.

The Second and foremost reason is the taxation system. With a corporate Tax of flat 10% and a personal tax of 10% this makes the country a tax haven within the European system. Something that should not be overlooked.

The next question that arises is:
Can all this be done remotely?

And the answer is yes. By using the services of a professional and established firms the whole process can be done remotely. So you can have a company incorporated in Bulgaria with a bank account set up in less than a week.

Does this sound like something you might be interested in?
Let us help you make the best decision for your business. At Bulgarianlaw we have 20 years of experience in the field and a team of lawyers, accountants and economists that can assist you in every step of the way.
Contact us for a free consultation.

24/01/2018

Should you set up company in Bulgaria? Should you be interested to set up company in Bulgaria? This is a questions that we get frequently on our website and contact forms. Therefore, we would like to share what are the main advantages of having a company in Bulgaria. First of all let us look at the

05/01/2018

Reasons for opening company in Bulgaria What are the reasons for opening company in Bulgaria? A move becoming more and more popular in recent times with European firms looking to become more efficient. With corporate tax in some European countries reaching 60%. It is perhaps not surprising to why Bu...

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2 "Vasil Aprilov" Street
Burgas
8000

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Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
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