Services

Company Registration in Bulgaria

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

Tariffs
Карта Company Registration in Bulgaria
20% VAT
10% Corporate Tax
5% Dividends Tax
2 BGN Minimum Capital
15% On Income Over 300,000 BGN

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.

Taxation and Reporting Features

Corporate Income Tax:

  • Standard rate: 10%
  • Reduced rate for small businesses: 5%
  • Exemptions for startups: first 5 years for companies under <€100k turnover

VAT:

  • Standard rate: 20%
  • Reduced rate: 9% (hotel accommodation, books)
  • 0% for export services

Dividends:

  • 5% withholding tax for residents
  • 0% for non-residents under double tax treaties

Company registration in Bulgaria is conducted through the Bulgarian Commercial Register. The selected company name must be reserved and approved before proceeding with the registration process.

To register a company, the director must submit an application that includes essential company details. This application should be supported by various documents such as the articles of association, declaration, copies of passports, and Tax Identification Numbers (TIN) of shareholders and directors.


After incorporation, the company’s details will be published in the Bulgarian Commercial Register. The registration process also requires enrollment with the National Revenue Agency for tax and social security purposes.

At the time of registration, the company must have:

  • A Tax Identification Number from the National Revenue Agency — necessary for tax purposes and opening a bank account.
  • Articles of Association certified by a notary or the trade registry.
  • A bank statement showing sufficient capital to establish the company, indicating the company name and details of the shareholders and their capital contributions.
  • A receipt for the payment of 0.1% of the share capital to the Registry Agency.

Company Registration Options in Bulgaria

  • Limited liability
  • Minimum 1 director / 1 shareholder
  • Flexible business structure
Company Registration
€1 950
Annual expenses: ~€2,950

Company Registration in Bulgaria

Corporate Tax 10% Flat rate on corporate profits
VAT 20% Standard rate on goods and services
Dividends 5% Withholding tax on dividends
Capital Gains 10% Tax on capital gains
Withholding Tax 10% On interest and royalties
Property Tax 0.15% Annual tax on property value

Additional information

Reporting
Confidentiality
  • Financial reporting: Mandatory annually in Bulgaria
  • Audit: Required for certain types of companies
  • Annual Return: Due within 6 months after the end of the fiscal year
  • Tax return: Corporate tax return submission is obligatory
  • Employer's Return: Necessary if there are employees
  • Registers: Shareholders and directors (publicly available)
  • Directors' details Available in the public registry
  • Shareholders' details Available to the public
  • Financial reporting Confidential unless otherwise stated

Timeline and Stages

  • 01

    Preparation of documents and choosing a company name

    1-2 days
  • 02

    Checking the name availability in the Bulgarian Trade Register

    1 day
  • 03

    Submission of documents either online or in person

    1 day
  • 04

    Receiving the company registration certificate

    7 working days
  • 05

    Setting up a corporate bank account

    2-4 weeks

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.

Cost calculation

Add the required options for your company:

Итоговая стоимость ( база €1950 + доп):
€1950

FAQ

Can you register a company remotely?

Yes, in most cases — you can.

Remote company registration is available in the vast majority of popular jurisdictions today. Modern corporate services, electronic document management and professional registered agents make it possible to complete the entire registration process without being physically present in the country.

The process typically works as follows: you provide the required documents electronically, sign them remotely — via a notary, apostille or electronic signature — and a local registered agent handles all communication with government authorities and document submission on your behalf.

This has been made possible by several factors: most countries allow foreign founders and directors, corporate service providers operate remotely across the globe, and the digitisation of government registries has significantly streamlined and accelerated the procedures.

The one step that may still require in-person presence is opening a corporate bank account — however, even here many banks and fintech platforms now offer remote identity verification.

What documents are needed for registration?

Registering a company in most jurisdictions requires a standard set of documents. For individuals — founders and directors — the typical requirements include: a certified copy of a passport, proof of residential address (utility bill or bank statement no older than 3 months), and in some cases a bank reference letter or CV.

For corporate shareholders, the required documents include: certificate of incorporation, articles of association, register of directors and shareholders, and confirmation of the ownership structure.

Do I need to keep accounting records and submit reports?

Accounting and reporting requirements vary significantly depending on the jurisdiction. In most countries, companies are required to maintain proper bookkeeping, file annual financial statements and submit tax returns.

At the same time, there are a number of jurisdictions where reporting requirements are minimal or effectively non-existent for non-resident companies. These include, for example, the Marshall Islands, the Cook Islands, Panama, Belize, Seychelles and Vanuatu — in these countries, companies that do not conduct business within the territory of the registration state are generally exempt from mandatory financial reporting and audit requirements.

We provide full company administration services, including preparation and submission of annual reports, liaison with local authorities and ensuring full compliance with all corporate requirements of the jurisdiction.

Is it possible to open a bank account for a company?

Yes, opening a corporate bank account is possible for virtually any jurisdiction, however this process deserves careful attention. Today businesses have two main options: traditional banks and fintech platforms.

Traditional banks offer a full range of financial services, but account opening requirements have become increasingly stringent — KYC procedures, source of funds confirmation, business plans and in some cases in-person presence may be required. Fintech platforms — such as Wise, Airwallex, Revolut Business and others — open accounts significantly faster and remotely, making them a popular solution for international companies at an early stage.

Is it possible to use nominee directors?

Yes, the use of nominee directors and shareholders is a common and legitimate practice in international corporate structuring. A nominee director is formally listed in the company registry but acts exclusively in accordance with the instructions of the beneficial owner, providing an additional layer of privacy.

This service is particularly in demand in jurisdictions where information about directors and shareholders is entered into a public register — for example, in Cyprus, the United Kingdom, Malta and a number of other EU countries. In offshore jurisdictions, nominee services are also widely used to simplify corporate governance and protect ownership structures.

We provide nominee director and shareholder services for any jurisdiction we work with.

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