Bulgaria as an alternative to Cyprus


Capital: Sofia.
Official languages: Bulgarian.
Currency: Bulgarian Lev.

Карта Bulgaria

Company registration provides the following benefits:


  • Double tax treaties signed by Bulgaria.
  • Low tax rate.
  • Political stability.

Bulgaria is a country located on the Balkan Peninsula in South-Eastern Europe.


Bulgaria is a low-tax European jurisdiction that is not an offshore zone. Using a Bulgarian company is an alternative to a classic offshore company or an international business company (IBC) due to the lowest income tax rate in the EU – 10%. Often such companies are used as trading partners for offshore companies.

Features of taxation and reporting

  • Income tax - 10%;
  • Dividend tax - 5%;
  • VAT - 20%
  • Within the EU VAT is 0%

Company registration

Time frame for company registration: 2 weeks.

Registration of companies takes place in the Trade Register under the Registration Agency. The process takes about 2 weeks and includes several steps: preparing constituent documents, opening a bank account, submitting documents for registration, obtaining an identification number. The minimum authorized capital for an LLC is 2 leva (approximately 1 euro). For joint stock companies - 50,000 levs.

To register a company remotely, you will need to provide the following information:

  • Choosing a company name: three options are required.
  • Notarized copies of ID for all participants.
  • A document confirming the residence address of all participants (utility bills, bank statements indicating the address) with notarization.
  • Bank statement no older than 3 months from the date of application.

A quick guide to registering a company in Bulgaria:

To quickly register an LLC, contact IT-OFFSHORE specialists. The cost of our services includes:

  • Preparation of documents (collection, filling, notarization, etc.).
  • Company registration.
  • Payment of all government fees.
  • Registration agent services for 1 year with the possibility of extension.
  • Translation services.
  • Delivery of registration documents to any address.

The bottom line

Registration of a company in Bulgaria is not only a legislative process, but also a strategic step towards successful business. Awareness of all aspects and consistent compliance will enable entrepreneurs to enjoy the benefits of the Indian business sector. We recommend consulting with IT-OFFSHORE lawyers to avoid possible legal consequences and ensure compliance with laws.


We offer not only legal support for company registration, but also a wide range of services, which includes accounting services, nominee services, and full support of the company after its registration; Thus, we provide full year-round service to your company.

Add the right parameters for your company:


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