How to Register a Company in Bulgaria: A Complete Guide for Foreign Entrepreneurs
Starting a business in Bulgaria has become an increasingly attractive option for entrepreneurs from across Europe and beyond. With one of the European Union’s lowest corporate tax rates, affordable operating costs, Eurozone membership and access to the EU Single Market, Bulgaria offers an excellent environment for launching and growing a business.
Whether you are an entrepreneur, investor, freelancer or expanding an existing company, registering a Bulgarian company is a straightforward process when handled correctly.
Why Choose Bulgaria?
Bulgaria offers numerous advantages for foreign investors:
- 10% Corporate Income Tax.
- 10% Personal Income Tax.
- 5% Dividend Tax (subject to applicable legislation).
- Full access to the European Union Single Market.
- Eurozone membership.
- Competitive labour costs.
- Highly educated workforce.
- Strategic location between Europe and Asia.
- Modern banking system.
- Business-friendly legislation.
These advantages have made Bulgaria one of Europe’s most attractive destinations for international business.
Step 1 – Choose the Right Company Structure
The most common legal entity for foreign entrepreneurs is the Limited Liability Company (EOOD or OOD).
- EOOD – Single shareholder.
- OOD – Two or more shareholders.
This structure offers flexibility, limited liability and is suitable for almost every type of business.
Step 2 – Choose a Company Name
Your company name must be unique and approved by the Bulgarian Commercial Register.
If the preferred name is already registered, an alternative must be selected.
Step 3 – Prepare the Company Documents
The registration package generally includes:
- Articles of Association.
- Incorporation documents.
- Shareholder declaration.
- Specimen signature of the manager.
- Declaration of compliance with Bulgarian legislation.
- Registered office address.
Professional preparation of these documents helps avoid delays during registration.
Step 4 – Registered Office Address
Every Bulgarian company must have a registered business address.
Global Invest Consult can provide a registered office address for foreign clients, allowing them to establish their company quickly while maintaining full legal compliance.
Step 5 – Open a Capital Account
Before registration, the company’s share capital must be deposited into a temporary bank account.
For most companies, the minimum required capital is BGN 2, making Bulgaria one of the most accessible jurisdictions in Europe for starting a business.
Step 6 – Register with the Commercial Register
Once all documents are prepared, the application is submitted electronically to the Bulgarian Commercial Register.
In most cases, registration is completed within a few business days.
Step 7 – VAT Registration (If Required)
Depending on the company’s activities and turnover, VAT registration may be:
- Mandatory.
- Voluntary.
- Required for international trade.
Professional advice ensures that the correct VAT option is selected.
Step 8 – Open a Business Bank Account
After the company has been incorporated, a permanent corporate bank account can be opened.
Bulgaria offers a modern banking sector with access to international payment systems and euro transactions.
Step 9 – Accounting and Tax Compliance
Every Bulgarian company must maintain proper accounting records and submit annual financial reports.
Professional accounting services help businesses remain fully compliant while focusing on growth.
How Long Does Company Registration Take?
In most cases, a Bulgarian company can be registered within 3 to 5 business days, provided that all required documents are available.
Additional services, such as VAT registration or bank account opening, may require extra processing time.
Can Foreign Citizens Register a Company?
Yes.
Both EU and non-EU citizens may establish and own a Bulgarian company.
Many international entrepreneurs choose Bulgaria because of its transparent legal framework, competitive tax system and strategic location within Europe.
Why Choose Global Invest Consult?
At Global Invest Consult, we provide complete business formation services for international clients.
Our services include:
- Company registration.
- Purchase of ready-made companies.
- Registered office address.
- VAT registration.
- Accounting services.
- Bank account assistance.
- Business consulting.
- Residence permit support.
- Property investment assistance.
Our experienced team manages the entire process, allowing you to focus on building your business.
Start Your Business in Bulgaria Today
Registering a company in Bulgaria is simpler than many entrepreneurs expect. With low taxes, fast incorporation procedures and full access to the European market, Bulgaria offers outstanding opportunities for startups, international businesses and investors alike.
Ready to start your business in Bulgaria? Contact Global Invest Consult today for a free consultation and let our experienced team handle your company registration quickly, professionally and with complete legal compliance.
