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Company Registration in Bulgaria – An Overview

Company registration in Bulgaria is a process that enables you to expand your business in the attractive destination in Southeast Europe. Setting up a company in Bulgaria offers entrepreneurs a combination of the lowest taxes and access to the EU single market. The process further ensures the continuity of business services to support increased foreign direct investment, EU funding, and ongoing digital transformation in Bulgaria.

To register a company in Bulgaria, businesses can enable legal operations, access a skilled workforce, benefit from investment-friendly policies, and expand across Europe. Get Corpbiz support to unlock tax benefits, seamless market access, and long-term business growth through company formation in Bulgaria.

Company Registration in Bulgaria
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Why is Company Incorporation in Bulgaria Important?

The following are the key benefits showing the importance of company incorporation in Bulgaria:

  • Grants Legal Authorization
    Company incorporation in Bulgaria grants legal authorization to businesses, thereby allowing them to sign contracts, hire employees, and conduct commercial activities.
  • Limited Liability Protection
    Company incorporation in Bulgaria provides limited liability protection to shareholders, thereby limiting their liability up to the amount of capital invested in the business.
  • Access to the EU Marketplace
    Company incorporation in Bulgaria allows unhindered access to operate within the 27 member states of the European Union marketplace.
  • Enhanced Tax Efficiency
    Company incorporation in Bulgaria guarantees enhanced tax efficiency, with a flat 10% corporate and personal income tax rate within the EU market.
  • Affordable & Skilled Workforce
    Company registration in Bulgaria allows entities to access an affordable and skilled workforce, particularly in finance, tech, and engineering.
  • Increases Business Credibility
    Company incorporation in Bulgaria enhances business credibility with customers, investors, and financial institutions, making it easier to establish long-term business relationships in Bulgaria.
  • EU Funding & Program Options
    Company incorporation in Bulgaria offers access to multiple EU funding programs and benefits for free movement of services.

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Eligibility Requirements for Bulgaria Company Registration

Entrepreneurs applying for Bulgaria company registration must meet the following eligibility requirements, as provided below:

  • Must have a minimum of 1 director with no restriction on foreign nationality.
  • Must have at least 2 shareholders with no residency requirements.
  • Must have a statutory minimum authorized share capital of BGN 2.
  • Must have a registered legal address in Bulgaria.
  • Must have a Founding Act/ Articles of Association from the director.

Applicants Eligible to Apply for Company Formation in Bulgaria

The following list comprises the applicants eligible to apply for company formation in Bulgaria:

  • Any individual above 18 years of age, regardless of their nationality.
  • Non-EU citizens and EU citizens registering a business on the exact same terms as Bulgarian residents.
  • Existing corporations or business entities fully eligible to act as shareholders or directors.
  • Minors and legally incapacitated individuals or partners following specific court procedure.
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Documents for Company Registration in Bulgaria

What are the Mandatory Documents Required to Register a Company in Bulgaria?

The list of mandatory documents required to register a company in Bulgaria is as follows:

  • Passport and ID proofs of all shareholders, directors & beneficial owners
  • Articles of Association (for OOD) or founding Act (EOOD)
  • Minutes of the founding meeting or decision to incorporate
  • Notarized manager's consent and specimen signature
  • Declaration required under the Commerce Act
  • Proof of capital deposit certificate
  • Registered office address proof in Bulgaria
  • Power of attorney (if applicable)
  • Declared company name for availability check
  • Any other notarized documents (if required)
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What is the Process to Apply for Online Company Registration in Bulgaria?

The applicants must adhere to the step-by-step process required to apply for online company registration in Bulgaria:

  1. Step: Choose Business Structure
    The first step requires the entities to determine and choose an appropriate business structure that best fits their business goals in Bulgaria.

  2. Step: Check Name Availability
    In the next step, the entities must ensure that the desired company name is unique, available, and not already registered in the Bulgarian Commercial Register.

  3. Step: Prepare Incorporation Documents
    Next, the entities must prepare necessary incorporation documentation, including articles of association, founding act, managerial consents, declarations, and specimen signatures.

  4. Step: Deposit Share Capital
    In the next step, the entities must open a capital bank account in Bulgaria to deposit share capital and obtain a capital deposit certificate.

  5. Step: File Commercial Registration
    Next, the entities must file a commercial registration application to the Commercial Register at the Registry Agency, either in person or online using an electronic signature.

  6. Step: Company Registration Certificate
    Upon receiving approval, the entities receive a company registration certificate containing a unified identification code (UIC), certifying company registration in Bulgaria.

Different Types of Business Setup Options in Bulgaria

The different types of business setup options in Bulgaria are as discussed below:

  • Single-Member Limited Liability Company: A single-member limited liability company (EOOD) is a common business structure, wholly-owned and managed by a single shareholder.
  • Multi-Member Limited Liability Company: A multi-member limited liability company (OOD) is a business structure owned by 2 or more shareholders and is suitable for partnerships, joint ventures, and small to medium-sized businesses.
  • Joint Stock Company: A joint stock company (AD) is a business structure designed for larger businesses planning to raise investment or requiring a more formal corporate structure in Bulgaria.
  • Branch Office: A branch office is an extension of a foreign parent company engaged in conducting commercial business activities with no separate legal identity from the parent company.
  • Sole Trader: A sole trader (ET) is a business structure best suited to an individual entrepreneur who intends to operate independently in Bulgaria.

Company Setup in Bulgaria: A Comparative Guide for Foreign Investors

Have a look at the comprehensive guide providing complete details of the business structures most preferred for company setup in Bulgaria:

S. No. Type of Entity Minimum Capital Minimum Shareholders Foreign Ownership Ideal for
1. Single-Member Limited Liability Company BGN 2 1 shareholder 100% foreign ownership allowed Small businesses, tech startups, freelancers, foreign entrepreneurs, etc.
2. Multi-Member Limited Liability Company BGN 2 2 or more shareholders 100% foreign ownership allowed SMEs, family businesses, joint ventures, etc.
3. Joint Stock Company BGN 50,000 1 or more shareholders 100% foreign ownership allowed Manufacturing units, public companies, etc.
4. Branch Office No minimum capital Parent company 100% foreign ownership allowed Foreign companies looking to expand their commercial presence without separate incorporation.
5. Representative Office No minimum capital Parent company 100% foreign ownership allowed Market research companies, brand promotion, and development entities, etc.
6. Sole Trader No minimum capital 1 individual Available to eligible individuals registered under Bulgarian law Individual entrepreneurs, local retail businesses, and self-employed professionals.

Post-setup Compliance Requirements for Company Registration in Bulgaria

The post-setup compliance requirements for company registration in Bulgaria are as discussed below:

  • Accounting & Bookkeeping: Post-registration in Bulgaria, companies are required to maintain accurate accounting and bookkeeping records in accordance with the Bulgarian Accountancy Act.
  • File an Annual Financial Statement: Bulgarian companies are further required to prepare and submit an annual financial statement directly to the Commercial Register by June 30th of the following year.
  • File Corporate Income Tax Return: After registering a Bulgarian company, it is important to file corporate income tax returns with the National Revenue Agency by March 31st of the following year.
  • Conduct Shareholders' Meeting: After registering a Bulgarian company, the entity must hold an annual general meeting to approve the annual financial statements and distribute profits to shareholders.
  • Payroll & Social Security: Post-company registration in Bulgaria requires entities to calculate and remit employee salaries, social security contributions, and personal income tax.
  • File UBO Declaration: Companies registered in Bulgaria are required to file an Ultimate Beneficial Ownership declaration in the Commercial Register.

Our Services for Bulgaria Company Registration

  • Corporate Legal Advisory: Get corporate legal advisory to choose the most suitable business structure and ensure name availability throughout the incorporation process.
  • Timely Documentation Delivery: At Corpbiz, we provide timely support in preparing, reviewing, and notarizing documentation delivery to ensure a smooth registration process.
  • End-to-End Company Formation Support: Get end-to-end company formation support from name reservation and incorporation to obtaining a unified identification code in Bulgaria.
  • Tax Optimization Services: Our Corpbiz team of professionals is ready to assist with corporate tax and VAT registration, in accordance with the Bulgarian tax regulations.
  • Corporate Bank Account Opening Support: Our Corpbiz professionals provide corporate banking support, as well as ongoing statutory obligations after a company is incorporated in Bulgaria.
  • Ongoing Compliance Assistance: At Corpbiz, our experts help you stay compliant with ongoing post-registration requirements after company incorporation in Bulgaria.

Ready for Company Registration in Bulgaria?

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Why Trust Corpbiz for Company Registration in Bulgaria?

  • 700+ Businesses Registered in Bulgaria
    At Corpbiz, we have successfully registered over 700 companies in the vibrant economy of Bulgaria.
  • 10+ Years of Global Expertise
    Our 10+ years of global expertise help us prepare the right documentation and business structure under one roof.
  • Dedicated Business Support Specialists
    Get connected with our dedicated business support specialists who help keep you informed at every stage of business registration in Bulgaria.
  • 24/7 Multi-Language Support Services
    Get 24/7 multilingual support services, including expert guidance, seamless communication, and prompt assistance throughout the process of company registration in Bulgaria.
  • Timely & Hassle-Free Registration Process
    Our Corpbiz experts ensure streamlined, timely & hassle-free registration to establish your business without unnecessary delays.
  • Transparent & Competitive Pricing Structure
    At Corpbiz, we provide a transparent & competitive pricing structure for establishing a business with no hidden charges.

Ready for Company Registration in Bulgaria?

Our experts at Corpbiz will assist you with company registration in Bulgaria.

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FAQs on Company Registration in Bulgaria

The Unified Identification Code (UIC), locally known as the EIK, is a unique 9-digit number assigned to all commercial companies and legal entities registered in the Bulgarian Trade Registry. It simply serves as the company's registration number, tax number, and statistical code issued by the courts, tax offices, and statistics bureau.

The timeline for obtaining a company registration in Bulgaria usually takes around 3 to 7 working days, depending on the documentation preparedness, capital deposited, and other important factors.

Yes, a foreigner can own 100% of a business in compliance with the provisions of the Bulgarian Commercial Act.

No physical travel is required to register a company in Bulgaria. However, the business can be entirely set up by granting a Power of Attorney to a Bulgarian lawyer or corporate service provider.

The authority responsible for governing company registration in Bulgaria is the Commercial Register and Register of Non-Profit Legal Entities at the Registry Agency.

The corporate income tax in Bulgaria is around 10% and applies to the taxable profits of all resident companies and the permanent establishments of non-resident businesses.

A minimum capital of BGN 2 is required for company registration in Bulgaria. However, capital adequacy varies by the type of corporate establishment and business needs.

The costs involved in opening a company in Bulgaria include registration charges, notary fees, annual maintenance costs, banking charges, and any additional charges (if required).

About the Author


NE
Neha Dawra

Legal Researcher

Written by Neha Dawra. Last updated on Jul 7 2026, 01:38 PM

Neha Dawra has 4+ years of experience in legal research and intellectual property advisory. Her expertise lies in analyzing IP laws, drafting structured legal content, and simplifying complex registration procedures into clear, simple insights.

 

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