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Register a company in Bulgaria
Registering a company in Bulgaria is a straightforward process, but it requires completing several essential steps. Here’s a quick guide to help you navigate to register a company in Bulgaria efficiently.
Step 1: Prepare the Necessary Documents
Before starting the registration process, you need to gather and prepare all required documents. These typically include:
- Company name reservation
- Articles of association
- Specimen signatures of the company’s representatives
- Founders’ identification documents
Depending on the business structure, document preparation may take between one to five working days.
Step 2: Open an Accumulation Company Bank Account
Once your documentation is ready, you need to open an accumulation company bank account to deposit the initial capital.
- For Bulgarian citizens, this process is usually immediate.
- For foreign nationals, banks may conduct internal reviews, which could extend the process beyond five working days, depending on the institution’s policies.
Step 3: Notarization of an Affidavit
A notarized affidavit must be prepared before proceeding with registration. This step is usually quick and can be completed on the same day without significant delays.
Step 4: Registration in the Bulgarian Commercial Register
Once all previous steps are completed, the final registration with the Bulgarian Commercial Register takes up to three working days.
Timeline for Completing Company Registration
In most cases,the full process can typically be completed in as little as five working days. But for foreign nationals requiring additional bank checks, it may take several weeks.
Get Expert Assistance
At ASB Accounting Services Bulgaria, we provide expert assistance to guide you through every step of the company registration process in Bulgaria.
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