Company Incorporation Bulgaria

Bulgaria is the latest EU entrant, at the crossroads of Europe and Asia. The legislation in Bulgaria is designed to be advantageous to foreign investors and the income tax regime is amongst the lowest in Europe; a 10% flat tax on all sources of income and favourable tax treaties with its European partners.

Bulgaria also has one of the lowest costs of labour and services in the EU, despite having a well-qualified workforce.

For more information on Bulgarian incorporation, and how to open a Bulgarian company, please contact us.

Company Formation FAQs

  • What are the benefits of forming a company in Bulgaria?
  • What are the most common types of Bulgarian company formation?
  • How much share capital is required to establish a limited liability company (EOOD / OOD)?
  • What are the formalities regarding Bulgaria incorporation as an EOOD / OOD?
  • What other requirements are there for a EOOD / OOD?
  • How much share capital is needed for a joint-stock company (EAD / AD)?
  • What are the other features of an EAD / AD?
  • What other types of Bulgarian company formation are there?
  • How easy is it to recruit staff?
  • What is the regulatory environment like for those seeking company registration Bulgaria?
  • How easy is it to close a Bulgarian company?

Branch and Subsidiary Information

Open a Branch in Bulgaria

Introduction to setting up a Bulgarian branch

Bulgaria is favourable to foreign investment and the establishment of branches here is a popular choice. In particular, branches can take advantage of Bulgaria’s geographical situation, which is well positioned for exposure in south eastern European markets.

Additionally, international companies and foreign investors can benefit from the lowest tax system in the EU, low business costs and a small timescale for incorporation.

When establishing a Bulgarian branch the parent company should abide by the Investments Promotion Act (ZNI), which regulates the legalities of branches.

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Open a Subsidiary in Bulgaria

Introduction to setting up a Bulgarian subsidiary

Bulgaria is favourable to international businesses with a range of benefits available to encourage foreign investment through subsidiaries.

Bulgaria offers tax benefits – including the lowest tax rate in Europe – low business costs and risks, global banking facilities and a number of double tax treaties.

All of these aspects make the Bulgarian market hugely advantageous for establishing a subsidiary.

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