Are you considering starting a company in Bulgaria? With its competitive tax rates, simplified administrative processes, and EU membership, starting a business in Bulgaria has become a popular choice for both local and international entrepreneurs.
Bulgaria offers a highly favorable business environment. Ranked among the top destinations in Europe for ease of doing business, the country provides:
- Corporate income tax – one of the lowest in the EU;
- Access to the European single market;
- Affordable labor and office costs;
- Simplified company registration process.
Whether you’re a startup founder or an established investor, starting a company in Bulgaria allows you to grow your business in a stable, EU-regulated market while minimizing overhead costs.
Company formation Bulgaria?
The most common legal form for new businesses is the Ltd. (Limited Liability Company) – known locally as OOD or EOOD (for single-owner companies). Here’s how to begin:
WATCH THE VIDEO
1. Choose a Company Name
Your company name must be unique and not already registered. You can check name availability online.
2. Draft the Incorporation Documents
These typically include Articles of Association, a decision to start the company, and specimen signatures.
3. Deposit the Capital
The minimum share capital for an Ltd. Bulgaria is just 2 BGN (approx. €1), making it one of the most accessible setups in Europe.
4. Register with the Bulgarian Commercial Register
This can be done either in person or online with a qualified electronic signature.
5. Obtain a VAT Number (if needed)
If your annual turnover exceeds BGN 100,000 or you provide services within the EU, VAT registration is mandatory.
Benefits of Starting a Business in Bulgaria
- Strategic location between Europe, Asia, and the Middle East;
- Skilled multilingual workforce
- Double taxation treaties with over 65 countries
- Fast-track registration process – often completed in 5 business days
Whether you’re seeking to expand your business across the EU or launch a new venture, starting a company in Bulgaria is a smart, cost-effective decision. With expert assistance and a business-friendly environment, registering a company in Bulgaria is simpler than ever.
Visit Go-Eu.com today and take the first step toward your business success in Bulgaria.
