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We will be glad to assist in registering a company in Bulgaria. Please send us a Contact form from our Contacts page.
Our total fee to set up a company and register it in the publicly available Commercial Register is EUR 300.
The minimum capital to register a limited liability company in Bulgaria is 2 BGN (1 EUR), and it usually takes up to 2 weeks only to complete the registration process. A foreigner who owns a company in Bulgaria enjoys the same privileges and is subjected to the same corporate terms as that of locally-owned companies. Under Bulgarian law there are no restrictions as to the size of the foreign participation in the capital of a Bulgarian company and, therefore, up to 100% of the registered capital of a local company can be held by foreign persons.
Taxpayers in Bulgaria benefit from:
• 10% corporate profit tax
• 10% personal income tax
• 0 or 5% dividend tax
VAT rate is 20% and Bulgaria has agreements with 80 countries avoiding double taxation.
• Low setup fees
• No founding capital required
• Low real estate prices
LOW LABOR AND RENT COST
• The average salary in Bulgaria is about 500 euro per month
• Labor cost for an employee lower compared to the same in Western Europe
• Highly - trained and educated employees
• Cheap office rental prices