Select one of our additional services.
If you need assistance or want to ask some questions please call usat +359 (0) 877 042 770 or email us at office@ltd-bulgaria.com.
- Registered Office Address
- Business Bank Account
- VAT Registration
- Business Telephone Services
- Apostille Certificate
- Company Dissolution
- Change of Director
- Issue & Transfer of Shares
- Company Name Change
Registered Office Address
What is a Registered Office Address?
A registered office address is the statutory address of a Limited Liability Company, a Joint Stock Company or any other legal entity. Bulgarian law requires that you provide a registered office when you setup in Bulgaria.
The Bulgarian Trade Register, Tax office, Social Security Agency and other institutions post all of your official company notifications to this address. It will also be disclosed on the public register of companies.
Can I change my Registered Office address after company formation?
You can change your registered office address at any time after setting up a company but it must always be in Bulgaria. The Bulgarian Trade Register must be notified and you should ensure all business stationery, correspondence and your company website clearly display the new registered office address.
Can I use the Registered Office service to receive other business-related mail?
Although intended for the receipt and forwarding of statutory mail, we allow our clients to use this address as a business correspondence address. However, when we forward business correspondence you will pay the shipping rate plus a 15% surcharge.
Please note
If you wish to use this address for more than one company, a registered office service should be purchased for each company.Registered Address Monthly Fee
What is the difference between a Sofia address and non-Sofia address
From an accounting an legal standpoint it doesn't make any difference whether your registered address is in Sofia or not. If you will not have any business operations within Bulgaria then it shouldn't matter which one you choose (and we suggest you select the cheaper one). If you offer your services in Bulgaria then locals often find that a Sofia address is more prestigious than a provincial address.Cost of Office Registered Address
We charge 20 EUR per month for a Registered Office Address in Sofia and 10 EUR per month for a non-Sofia address. However when you register a company with us you will get the first 12 months FREE.Proof of ID and permanent address
To comply with local legal obligations, we require proof of ID and proof of permanent address from clients who purchase an address service. For further information on ID requirements please contact us.Business Bank Account
Which banks do you work with?
We can open a business bank account for your company with any of the banks operating in Bulgaria.
How long does it take to open a bank account
If you have a registered company in Bulgaria we can open a bank account in 1 business day given all your company documents are in order.
What documents do I need?
To open a bank account under your company's name we will need a Power of Attorney from you listing your company name, company Unified Identification Number and address. When you order this service we will prepare and send you the documents you need.
I want to set up 2 bank accounts with the registration of my company. What is the procedure?
If you want to open 2 bank accounts with your company registration then we will need 2 Power of Attorneys. The first one will allow us to open a Capital Bank account for the purpose of Registration of your company, which we will later convert into an operating bank account. After your company is registered you will need to send us the second Power of Attorney including the Name of the Company and the Unified Identification Code of the company.Can I get an online access to my account with my regular account?
Yes you can get online access to your bank account. Each bank has different rules for allowing online access to your account, so after you select a bank we will inform you about the rules and supply the appropriate documents.Business Bank Account Price
Cost of Business Bank Account
When you register a company with us we will open 1 bank account for you for FREE. We charge 50 EUR for opening an additional bank account.For clients who have registered their company elsewhere and need this service then we charge 80 EUR for opening a bank account.
What is the VAT rate in Bulgaria?
VAT is a value added tax which imposed on goods or services sold. The current rate in Bulgaria is 20% (9% for the tourist industry).
What are the requirements for VAT registration?
VAT registration could be voluntary or mandatory. VAT registration is required when:
1. Turnover for the last consecutive 12 months exceeds BGN 50,000 (EUR 25,000).
2. Acquisitions from other countries in the European Union exceed BGN 20,000 ( EUR 10,000) during the calendar year.
3. Sales from foreign based legal entities in Bulgaria exceed BGN 70,000 (EUR 35,000) during the calendar year.
What is VAT MOSS registration?
VAT MOSS is stands for VAT Mini One Stop Shop. It is related to charging customers their local VAT rates on certain digital services sold in the EU from 1st January 2015.
How long does the registration take?
The registration with the Bulgarian Tax office takes anywhere between 14 - 30 days.Business Telephone Services
We understand that communications with your clients are important so we provide an affordable business telephone number and call answering service for our clients.
With our service you will be able to focus on your business, while we take care of your calls.
What is included in the service
We will provide you with your own unique Sofia or Bulgarian mobile telephone number. You can use this number as your contact business number on your company website, advertising, stationery, business cards. We will forward all calls to your mobile or landline number abroad.
Secretary service
We have dedicated receptionists who will be assigned to your company telephone number and will answer your business calls during our working hours from 8:30 to 18:30, Monday - Friday.
Your receptionists will answer all of your calls in your company name and will follow the call instructions provided by you. After receiving a call, your receptionist will transfer and announce the call to you, or alternatively take a message and forward it to you by email, Viber, Whatsapp or SMS, at no additional cost. Messages are sent immediately after the call.
What is an Apostille Certificate?
Non- Bulgarian residents who set up a limited liability company in Bulgaria often must legalize and verify the authenticity of their Bulgarian company documents in order to use abroad.
An official Apostille Certificate must be obtained and attached to the relevant company documents to ensure that it is authentic and can be used legitimately in other countries. In other words, the Apostille certificate ensures that your company documents will be accepted in all countries which are part of the 1961 Hague Convention.
Other cases when you need an Apostille Certificate include verifying the authenticity of the company Articles of Association, Certificate of good standing, memorandum
Do I need my company documents Apostilled when I incorporate the company?
You don't usually need to apostille your documents unless you choose to open a bank account or setup a company branch in another country outside of Bulgaria
What is company dissolution?
When the company stops working and is no longer needed to exist, then the directors can apply to dissolve the company, which will remove it from the Bulgarian Trade Register.
How long it takes to dissolve the company?
It usually takes 6 to 12 months to dissolve the company and remove it from the Bulgarian Trade Register.
Who can apply to have a company dissolved?
When the dissolution is voluntary it can be initiated by the owners of the company.
3-rd parties which need to be informed about the company dissolution
You must inform: The shareholders Creditors including Banks, Suppliers, Landlords or tenants, Guarantors Social Security Agency and Employees and any directors who have not signed the form
Service description
With this service we help you when you decide to appoint a new director, resign a current director, or add another director. We will prepare and file all documents necessary to reflect the change and keep your documents in compliance.
How many directors does an LLC require?
Every Limited Liability Company must have at least one director.
Can a director also be a shareholder?
A company director does not have to be a shareholder. The role of the company director is to run the company. Oftentimes directors are offered shares by the shareholders as an incentive and this an acceptable legal practice.
What are the responsibilities of a director?
The owners of the company usually appoint directors to run the day-to-day operations of the company. They are responsible for the smooth running and management of the company.
Service description
The issue of shares is essentially the process by which companies create new shares to pass onto shareholders, who may themselves be new or existing shareholders.
Companies can issue shares to both individuals and corporate bodies. We provide this service only to our customers who have formed their companies using our websites.
Limited company shares can be transferred or sold just like any other form of property. We offer a professional service for our clients, who wish to transfer shares from one shareholder to another, including all compliance paperwork. We provide this service only to our customers who have formed their companies using our websites.
Service Description
You can change the name of your limited company at any time after incorporation. We provide a professional service to change your company name or registered address. It takes 3 business days.
Will my Unified Identification Code (UIC or EIK in Bulgarian) change when I change my company name?
No. This UIC will remain the same.