Set Up a Subsidiary Company in Bulgaria

Explore pathways to European markets. Find out how opening a subsidiary company in Bulgaria can elevate your business.

Set Up a Subsidiary Company in Bulgaria

Explore pathways to European markets. Find out how opening a subsidiary company in Bulgaria can elevate your business.

Expanding into Bulgaria

Choosing Bulgaria for your subsidiary company is strategic, offering benefits like the lowest tax rate in Europe, low business costs and risks, global banking, and double-tax treaties to encourage foreign investment. Grab the opportunity and make a smart move

Unlocking the Bulgarian Subsidiary Company Benefits

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Lowest Corporate Tax Rate in the EU

Bulgaria boasts a flat corporate tax rate of just 10%, the lowest in the European Union. This low taxation environment enables companies to retain more profits and reinvest in their growth.

Robust and Reliable Banking System

Bulgaria has a stable and well-regulated banking sector that supports international transactions and multi-currency accounts.

Business-Friendly Legal and Regulatory Framework

Bulgaria’s government actively encourages foreign investment through a simplified incorporation process, investor protection laws, and transparent legal systems aligned with EU standards.

Low Operational Costs

From labour to office space and utilities, Bulgaria offers some of the lowest business costs in Europe without compromising on quality.

Skilled Multilingual Workforce

The country’s educated and multilingual talent pool (particularly in English, German, and Russian) is ideal for companies needing customer support, IT, finance, and back-office operations.

100% Foreign Ownership Allowed

Foreign companies can fully own and control a Bulgarian subsidiary with no local shareholder requirements.

360 degree support for your incorporation requirements

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Why open a subsidiary company in Bulgaria?

Establishing a subsidiary in Bulgaria is challenging due to unfamiliar regulations. We specialise in registration packages for the Commercial Register and VAT. Trust us to manage the process while you enjoy Bulgaria’s benefits.

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Choose Your Country to Set up a Subsidiary

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FAQs

What is a subsidiary Company, and how is it different from a branch in Bulgaria?

A subsidiary company in Bulgaria is a separate legal entity from its parent company, registered as a limited liability company (OOD or EOOD). It provides limited liability and operational independence. A branch, on the other hand, is not a separate legal entity and operates under the direct responsibility of the parent company.

What is the most common legal form for a subsidiary in Bulgaria?

The most popular form is the OOD (Obshchestvo s Ogranichena Otgovornost), or EOOD for single-member companies. These are equivalent to limited liability companies (LLCs) and are suitable for both small and large operations.

Can a foreign company fully own a Bulgarian subsidiary company?

Yes. 100% foreign ownership is permitted, and no local shareholder or director is required.

How long does it take to register a subsidiary in Bulgaria?

The registration process typically takes 5–10 business days after submission of all documents. We streamline this process to ensure efficiency and compliance.

What documents are needed to open a subsidiary in Bulgaria?

Key documents include:

● Parent company’s Certificate of Incorporation
● Memorandum & Articles of Association
● Certificate of Good Standing
● Board resolution to establish the subsidiary
● Power of Attorney (if using a representative)
● Copies of director’s and shareholder’s passports
All documents must be translated into Bulgarian and notarized/apostilled.

Set Up a Subsidiary Company in Bulgaria