|
Steps |
|
1 |
Call
a
constituent
assembly
for
the
company |
|
2 |
Make
a
decision
for
the
establishment
of
a
joint-stock
company |
|
3 |
For
a
single
member
joint-stock
company
only:
Adopt
your
articles
of
association |
|
4 |
Elect
your
supervisory
board
of
directors
and
appoint
your
management |
|
5 |
Subscription
of
the
capital
stock
–
Minimum
of
50,000
Bulgarian
Leva
(about
25,000
Euros) |
|
6 |
Opening
of
a
bank
account
by
the
management
for
collecting
the
cash
installments |
|
7 |
Get
a
bank
certificate
for
the
installments
paid
–
at
least
25%
of
the
nominal
value
of
subscribed
stocks |
|
8 |
Prepare the documents for the court registration |
|
9 |
Get
your
entry
in
the
commercial
register.
Make
sure
that
the
registration
is
performed
within
three
months
after
the
constituent
assembly
of
the
company |
|
10 |
By
then
the
company
registration
is
complete.
But
you
are
not
completely
done
and
there
are
a
few
more
steps
to
complete: |
|
11 |
Wait
for
the
publication
of
the
court’s
decision
in
the
State
Gazette |
|
12 |
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. |
|
13 |
Register
at
the
territorial
division
of
the
National
Social
Security
Institute
(NOI) |
|
14 |
Register
at
the
territorial
tax
office
within
14
days
after
the
registration
of
the
company.
Fines
will
apply
if
you
do
not. |
|
15 |
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.
Example:
yearly
tax
reports. |
Bulgaria Translation