Address change
The subject of this article is to explain the process of an address change of a Bulgarian company.
According to the Bulgarian law, evеrу соmраnу in Bulgaria nееdѕ аn аddrеѕѕ іn оrdеr tо bе rеgіѕtеrеd іn thе Соmmеrсіаl Rеgіѕtеr. Іt іѕ forbidden tо hаvе а соmраnу wіthоut аn official headquarters and registered address.
The аddrеѕѕ of the company іѕ nееdеd fоr dіffеrеnt рurроѕеѕ like receiving the company mails, meeting clients and other but one of thе most important is to be able to prove to the tах аuthоrіtіеѕ the existence of the company. Іt іѕ соmmоn practice thаt tах аuthоrіtіеѕ gо tо сhесk thе соmраnу in person оn іtѕ registered address.
The headquarters and the registered address can be changed at any time during the existence of the company.
The address change of a Bulgarian company is a process which shall meet several requirements. Depending on the company form the shareholder/s shall take a decision to choose another address. It is not possible to leave the company without an address.
In order to apply in the Trade register for registering the changes of the address, the shareholders have to sign new an updated Articles of Association and the manager shall sign few declarations and a power of attorney. Of course as any change of circumstances also a state fee shall be paid.
The whole process takes around 5 (five) working days from signing the whole documentation and submitting it in the Bulgarian Trade register. In a few days after the changes in our Trade register, the changes will take effect also in the VIES system.
After changing your company address, it is also very important to inform your bank and local NRA office for this new circumstance.
Innovires law firm can fully assist you with address change of your Bulgarian company. Our lawyers can take the representation in front of the Trade register and submit the changes.
Contact us in case you need additional information regarding the headquarters and address change of a Bulgarian company.
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