Company registration in Bulgaria

If it is planned to open a company in Bulgaria, the following advantages for commercial organizations are assumed:

Minimum authorized capital. If it is planned to open a limited liability company of EOOD or OOD type, it is enough to deposit only 2 lev, which is a little more than 1 euro on the bank account. This is much lower than in most European Union countries.

The interest rate on corporate tax is low in relation to other European Union states. At the same time, income tax is no more than 10% from the profit.

Very fast and simple registration.

In 2016, significant changes were made to the Commercial Register Act. Under certain circumstances, it allows to register a business within a day. At the same time, applications must take place through an electronic online system.

Bulgaria is a member of the European Union, which provides access to benefits and opportunities within the EU market.

Benefits for foreign investors investing in a local business.

Incorporating a company in Bulgaria allows  making business in a stable political and economic environment. The state, according to World Bank statistics is ranked 50th in the list. It is also the sixth economy for making business in Eastern Europe.