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Procedures and contracts

HOW TO SET UP BULGARIAN LIMITED COMPANY?

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Bulgarian EOOD Company.

 

Bulgarian Corporate Law allows foreign nationals to remotely register a company in Bulgaria by granting power of attorney to a Bulgarian Law firm. Our lawyers will assist you to remotely register your Bulgarian EOOD company starting from only 500 EUR. Using our company formation services, we do not charge maintenance or annual fees for the registered office address and scanned business mail service.

 

The EOOD is a company designation in which the shareholder’s liability to creditors is limited to the amount of capital deposited in the company. Liability does not extend to the individual shareholder’s assets. The Bulgarian EOOD company is preferred by persons who would like to start their business in Bulgaria or who would like to purchase a real estate property.

 

The Private limited EOOD company is strongly recommended to IT professionals who would like to benefits from the Bulgarian corporate tax rate of flat 10%. The EOOD is also suitable for registering a boat or registering a motor vehicle as a company asset. Protecting your assets you will also benefit from the low taxes on vehicles and boats in Bulgaria.

 

If you are two or more shareholders you may consider the registration of a Bulgarian OOD company.

 

To register a Bulgarian EOOD/OOD company

 You need to provide a copy of an identification document (passport or national ID card).

 3 (or more) examples for company’ names.

 Name of the future company’s manager.

 Name of the future company’s capital sole proprietor.

 Amount of the foundation capital preferred*.

 Scope of company’s activity.

 

Benefits of registering a Bulgarian limited company are:

 

 Lowest setup fees within the EU.
 Lowest required founding capital – 1€ .
 Lowest Tax on Dividends in the EU – 5% only.
 Lowest Tax on Corporate & Personal Income – 10% flat rate.
 Lowest Social security contributions in the EU.
 VAT within the EU – 0%.
 Easy, Fast and Secure incorporation service.
 Affordable accounting & legal services.
 Company incorporation within 24 hours.
 Double Taxation treaties with 70+ countries.

 

If you have any questions regarding company registration, please do not hesitate to contact us.

 

Company Formation in Plovdiv?

Plovdiv is the 2nd biggest city of Bulgaria and also very popular as a location for international companies. The city of Plovdiv is especially popular among IT companies. This is because of the excellent IT-programs offered by the universities in Plovdiv and the amount of available IT specialists in this city.

Additionally, accounting and legal services and associated company costs are substantially lower in Plovdiv than in Sofia.

 

 

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10, Tsoko Kableshkov st., fl.2
Plovdiv, BULGARIA
+359888915215
office@kostovpartners.bg

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