|
Steps |
|
1 |
Decide
on
your
company
name
and
check
in
the
current
registers
if
it
is
available.
If
yes,
then
reserve
that
name
for
your
company
and
keep
your
confirmation
slip. |
|
2 |
Compose
your
articles
of
association |
|
3 |
Form
your
company
share
capital
of
minimum
5000
Bulgarian
Leva,
a
little
more than
2500
Euros |
|
4 |
Obtain
your
bank
deed
confirming
that
at
least
70%
of
the
registered
capital
has
been
paid |
|
5 |
Appoint
your
management
body |
|
6 |
Obtain
your
registration
in
the
commercial
register
from
the
relevant
district
court |
|
7 |
If
needed,
get
a
permit
for
your
activities:
some
activities
require
issuance
of
a
permit
from
competent
government
bodies
before
entering
your
company
in
the
commercial
register
(Investment
brokerage
for
example). |
|
8 |
Wait for a publication of the court decision in the State Gazette |
|
9 |
By
then
the
company
registration
is
complete.
But
you
are
not
completely
done
and
there
are
a
few
more
steps
to
complete: |
|
10 |
Register
at
the
National
Statistical
Institute
and
receive
your BULSTAT
number.
This
must
be
done
within
three
days
after
the
registration
of
the
company
otherwise
you
will
have
to
pay
a 50
leva
fine. |
|
11 |
Register
at
the
territorial
division
of
the
National
Social
Security
Institute
(NOI) |
|
12 |
Register
at
the
territorial
tax
office
within
14
days
after
the
registration
of
the
company.
Fines
will
apply
if
you
do
not. |
|
13 |
This
is
it
–
by
that
time
you
should
have
a
fully
functional
company |
|
Notes |
|
1 |
Normally,
this
whole
process
takes
about
20-30
working
days. |
|
2 |
We
would
recommend
that
you
hire
a
local
lawyer
or
a
consulting
company,
familiar
with
such
issues,
to
register
your
company
with
you.
There
is
some
paperwork
involved
and
sometimes
simple
omissions
(like
a
Xerox
copy
of
your
passport)
could
cause
delays.
Please
feel
free
to
contact
us
should
you
need
assistance
with
this
process.
|
|
3 |
We
strongly
recommend
that
you
use
the
services
of a
local
accountant,
familiar
with
Bulgarian
regulation,
to
keep
track
of
your
company’s
books
and
meet
all
other
government
requirements
that
you
would
not
otherwise
be
familiar
with. |
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Bulgaria Translation