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Bulgarian Business Setup 
Establishing Business in Bulgaria

Bulgarian Company Registration Service

Business Forms in Bulgaria

The Bulgarian Commercial law allows for the following types of business organizations:

The most appropriate types of companies for carrying out business in Bulgaria are: a private limited company, a public limited company, a single-person private limited company, a holding, a branch, and a representative office. All of these (with the exception of a representative office) have to be entered into the commercial register kept with the relevant district court.

Setting Up Private Limited Liability Company in Bulgaria

Private Limited Liability Company in Bulgaria - (OOD)

Private Limited Company (a limited liability company) - "OOD" - it is a commercial company with share capital owned by its members whose liability is limited to the amount of the capital subscribed. The minimum foundation capital is 1 Euro and at 100% of the capital must be paid up on foundation. Contributions to the foundation capital may be paid in cash or via wire transfer. The statutory bodies of the private limited companies are the general meeting of shareholders, which must be held at least once a year, and the managing director or board of directors. MORE ...

Setting Up Private Limited Liability Company in Bulgaria

Single Person Private Limited Liability Company in Bulgaria - (EOOD)

Single Person Private Limited Company (a limited liability company) - "OOD" - it is a commercial company with share capital owned by its single member whose liability is limited to the amount of the capital subscribed. It may be established by one or more persons, including foreign natural or legal persons. The minimum foundation capital is 1 Euro and 100% of the capital must be paid up on foundation. Contributions to the foundation capital may be paid in cash or in kind. The statutory bodies of the private limited companies are the general meeting of shareholders, which must be held at least once a year, and the managing director... MORE ...

Setting Up Public Limited Liability Company in Bulgaria

Public Limited Liability Company in Bulgaria - (AD)

PUBLIC LIMITED COMPANY (a joint stock company) - "AD" - it is a commercial company with share capital owned by its members whose liability is limited to the amount of the capital they subscribe. Two or more persons, including foreign individuals or legal persons can found a joint stock company. The minimum required capital of a joint stock company is BGN 50,000, increasing to BGN 100,000 if the capital is raised by a public offer. There are different requirements for establishment of banks, insurance companies and investment companies MORE ...

Setting Up a Representative Office in Bulgaria

Representative Office in Bulgaria

Foreign persons who are entitled to engage in business activity under the legislation of their own countries may set up a representative office which is registered with the Bulgarian Chamber of Commerce and Industry. Representative offices are not legal persons and may not engage in economic activity.. MORE ...

Setting Up Holding Public Limited Liability Company in Bulgaria

Holding Public Limited Liability Company in Bulgaria

As defined in the Commercial Code, holding is a public limited company, a public limited partnership or a private limited company with the purpose to participate in whatever form in other companies or in their management. At least 25% of the capital of a holding has to be entered directly in subsidiaries. A subsidiary, according to the local law, means a company in which the holding owns or controls directly or indirectly at least 25% of the stocks or shares, or can appoint directly or indirectly more than 50% of the members of the managing body. The Commercial Code explicitly names the activities, which a holding is allowed to perform and those, which it is not allowed to perform. MORE ...

Setting Up a Branch Company in Bulgaria

Branch Company in Bulgaria

Foreign legal entities registered abroad, as well as foreign individuals and other entities, can register a branch in Bulgaria provided they are registered as commercial entities in accordance with the relevant legislation in their home country. No authorized capital is required to found a branch. A branch is not a legal entity, it is part of the company - founder. However, branches are obliged to maintain accounts as an independent company. A branch of a foreign company must prepare a balance sheet. MORE ...

Setting Up a Joint Venture Company in Bulgaria

Joint Venture Company in Bulgaria

Joint Venture is a company formed jointly by a Bulgarian and a foreign partner. The size of the foreign participation in a joint venture is not limited. Joint ventures must take one of the forms of business entities pursuant to the Bulgarian Commercial Code. Establishment of a joint venture is one of the most popular forms for investing in Bulgaria. MORE ...

Sole Proprietor Company in Bulgaria

Sole Proprietor Company in Bulgaria

Any individual residing in the country has the right to register himself as a sole proprietor. The liability is unlimited.

Invest Bulgaria Company Registration Service

Invest Bulgaria Company Registration Service

Invest Bulgaria provides company registration for foreign investors. Please visit our services page for more information of click HERE...

Invest Bulgaria Bulgarian Company Registration Wizard

Invest Bulgaria Bulgarian Company Registration Wizard

Before preparing your documents for a company registration in Bulgaria we will need to know your data. All fields in our registration wizard are obligatory. Please have in mind that courts in Bulgaria are very strict and any information missing could result in a delay of your company registration. Registering a Single Person Limited Liability Company needs to follow the strict guidelines set by the Bulgarian courts. To prepare your documents we will need all of the required date about the owner of the company. MORE ...


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Shumen is situated in the central part of Northeastern Bulgaria. It is located in the central part of northeast Bulgaria on the main roadways Sofia-Varna and Ruse-Burgas-Istanbul.

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