A Bulgarian limited liability company — an EOOD with one owner, an OOD with several — is registered by the end of the working day after filing. Everything that makes company formation feel slow happens before that, and almost all of it can be done without you.
Both routes end in the same company, with the same rights, on the same register. They differ in one thing: where you happen to be standing when you sign.
The founding act, the appointment decision, the declarations and the filing are prepared while you are still at home. You approve wording by email.
We do thisYou sign your consent to serve as manager and your signature is certified. This is the one thing in the whole process that nobody can do for you.
You do thisYou open the capital account in person and pay in the share capital. Banks want to meet the manager, and meeting them once removes every later obstacle.
You do thisThe application goes in over our qualified electronic signature the moment the bank document is in hand.
We do thisFirst registrations are reviewed by the end of the following working day, and the decision follows immediately after the review.
The state does thisThe power of attorney is what lets us act for you as the owner. It has to be express and your signature on it has to be certified.
We do thisEither at a Bulgarian consulate, which needs no apostille, or at a local notary, which does. The next section explains which one applies to you.
You do thisBulgarian banks generally want the manager in the room. We use a licensed payment institution instead, which opens the account online, and we have registered companies this way.
We do thisThe certified documents come to us by courier. This is the honest reason the remote route takes weeks — the post office, not the government.
The courier does thisExactly the same deadline as the afternoon route. The company that comes out is identical.
The state does thisNot sure which route is yours? Three questions — where you sign, whether you can travel, who manages the company — and you get the route with a realistic date.
Check my routeA manager's consent to serve carries a certified specimen of their signature. It is the single document a power of attorney cannot cover, because the whole point of it is to prove the signature is yours. Here is every way to produce it.
Ten minutes, a few euro, done. If you are coming anyway, there is nothing to think about here.
Consular officers certify signatures on private documents for foreign nationals too, provided the document is meant to take effect in Bulgaria — which yours is. The document is drawn up in Bulgarian, and an interpreter is appointed if you do not speak it.
Works anywhere. Costs you two extra steps: an apostille if your country is in the Hague Convention, full legalisation if it is not, then a certified Bulgarian translation.
Since January 2026 the minimum share capital of a Bulgarian limited liability company is one euro, and a single share can be as small as one eurocent. That part is trivial. What stops people is that the money has to be paid somewhere before the company exists — and the company does not exist yet, so it cannot walk into a bank.
Bulgarian banks apply their own identification rules and, for a company account, they generally want the manager physically present. Some will consider a certified power of attorney; none will promise it in advance. If you are already flying in, this stops being a problem — you open the account during the same afternoon.
We open the capital account remotely with a licensed payment institution and file with the document it issues. We have registered companies this way. It is worth knowing that the filing rules name a bank, which is why some providers will not attempt it — we will tell you plainly if your case is one where we would rather not.
Once the company is registered, the capital account is converted or closed and an ordinary business account takes over. That one is much easier to open, because by then there is a company with a registration number behind it.
Send us your country and whether you can travel. We come back with the route, the document list and a fee — in one email, with the state costs shown separately.
Ask us to handle itThese are the amounts that reach the state, not our fee. They are the same whichever route you take.
| What | Amount | Notes |
|---|---|---|
| Commercial Register — electronic filing | 55 leva ≈ EUR 28.12 | The route we always use |
| Commercial Register — paper filing | 110 leva ≈ EUR 56.24 | Exactly double, for no benefit |
| Optional name reservation | 20 leva electronically | Only worth it when a name matters |
| Minimum share capital | EUR 1 | Yours — it stays in the company |
| Notary, signature certification | A few euro in Bulgaria | Abroad it varies widely |
| Apostille and translation | Country-dependent | Avoided entirely on the consular route |
Our own fee starts at EUR 800 and where it lands depends on the route you take and how much of the after-registration setup you want from us. The state costs above are separate — they reach the state, not us.
Get a quoteThe tariff is still written in leva even after Bulgaria adopted the euro, so the euro figures above are conversions at the fixed rate of 1.95583 rather than amounts you will find quoted in the law. We flag that because it is the sort of number that quietly goes stale on other people's websites.
This is the part formation agents tend to leave out, and it is where most of the real cost of a company sits.
A Bulgarian company files monthly and annually whether or not it trades. A dormant company still has a deadline calendar.
Registration becomes compulsory at EUR 51,130 of taxable turnover as at 2026. Cross-border services can trigger it far earlier, at any turnover.
Ten percent on profit, then five percent when it is distributed — fifteen percent combined as at 2026. Your own country may then have something to say.
Yes. One signature has to be given in front of a notary wherever you are, and the rest we handle under a power of attorney. The company that comes out at the end is identical to one formed by someone standing in our office.
Because of the post. Certified originals have to physically reach us, and a consulate or notary appointment has to be found. Neither of those is a legal delay — which is why the timeline shrinks so much if you happen to be passing through Sofia.
You need a registered address in Bulgaria for the company. You do not need a Bulgarian person anywhere in the structure — a foreign owner can also be the sole manager.
EOOD simply means the limited liability company has one owner and OOD means it has several. It is not a choice about tax or liability, and it can change later when someone joins or leaves.
The registrar can issue instructions to correct a defect instead of refusing, and in practice most problems are fixed that way within the same short window. A refusal can be appealed to court. It is uncommon on a properly prepared first filing.
Not for the capital payment itself. Those work well as the company's operating account afterwards, and many of our clients use them for exactly that once the company exists.
Our fee for forming the company starts at EUR 800. Where it lands depends on which route you take and how much of the after-registration setup you want from us. State costs are separate and shown above. Tell us your situation and we quote it in a single email.
One email with your country, whether you can travel, and what the business does. We come back with the route, a realistic date and what it costs.
Ask us to handle it Or try the two-minute route check below first.Minimum capital. Art. 117(1) of the Commercial Act: the capital of a limited liability company may not be less than EUR 1, and a share may not be smaller than one eurocent (amended SG 70/2024, in force 1 January 2026).
The manager's signature. Art. 141(3) of the Commercial Act: the manager's name is entered in the register upon presenting a notarised consent bearing a specimen of their signature.
Acting through a proxy. Art. 114(2) of the Commercial Act: a partner may be represented by a proxy holding an express power of attorney with a notarised signature.
Conditions for entry. Art. 119(1) of the Commercial Act: the founding document is presented, a manager is appointed, and the statutory minimum capital has been paid in.
Proof of the capital. Art. 20(2)(a) of Ordinance No. 1 of 2007 on the Commercial Register: for a cash contribution, the document evidencing capital paid into a bank.
The register's deadline. Art. 19(3) of the Commercial Register Act: applications for a merchant's first registration are reviewed by the end of the working day following their receipt, and the decision is issued immediately after review.
State fees. Art. 16a(1)(3) and 16a(2)(3) of the Tariff of state fees collected by the Registry Agency: 110 leva on paper, 55 leva electronically. Euro amounts shown on this page are conversions at the fixed rate of 1.95583.
Consular certification. Ministry of Foreign Affairs guidance on notarial certifications: certification of the date, content and signature of a private document presented by a foreign national is performed where the document is intended to take effect in the territory of Bulgaria.
VAT and profit tax. Art. 96(1) of the VAT Act for the EUR 51,130 registration threshold; 10% corporate income tax and 5% dividend withholding, 15% combined, as at 2026.
This page describes Bulgarian law as at August 2026 and is general information, not advice on your situation. Reviewed by Yordan Cholakov, Managing Partner, Innovires Legal.