Bulgarian cities

Bulgaria – short facts

Bulgaria - KEY CORPORATE FEATURES
General
Type of Company LLC
Type of Law Civil
Shelf company availability Yes
Our time to establish a new company 10 days
Migration of Domicile Permitted No
Corporate Taxation 10% on profits
Double Taxation Treaty Access Yes
Language of Name Bulgarian
Corporate requirements
Minimum Number of Shareholders / Members one
Minimum Number of Directors / Managers one
Corporate Directors / Managers Permitted no
Company Secretary Required no
Usual Authorised Capital €1
Minimum paid up €1
Local requirements
Registered Office/Agent yes
Company secretary no
Local directors no
Local meetings no
Government register of directors/Managers yes
Government Register of Shareholders / Members yes
Accounts
Requirements to prepare Yes
Audit requirements Yes, but small company exemption
Requirements to file accounts Yes
Publicly accessible accounts Yes
Annual requirements
Annual return yes

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