Bulgarian Company Registered? Your First 30 Days Checklist

Key Moments

• 00:00 – What happens after registering a Bulgarian company?
• 00:18 – Appoint an accountant before your first invoice
• 00:35 – Owner and manager social security setup
• 00:55 – Check your VAT position early
• 01:16 – Company bank account and payment methods
• 01:35 – Invoices, documents and payroll preparation
• 01:52 – Licences, fiscal devices and additional reporting
• 02:08 – How ASB can help during the first month
• 02:24 – Final advice for new Bulgarian companies

Short Summary

Registering a Bulgarian company is only the first step. During the first 30 days, you should organise the accounting, VAT, social security, banking and document processes that will support the business from the start. Your accountant should understand your activity, customers, suppliers, payment methods and the countries where you plan to trade before you begin regular transactions.

VAT deserves particular attention because registration may become relevant before the company reaches the general turnover threshold. Cross-border services, foreign suppliers and international transactions can create additional VAT obligations. You should also decide how the owner and manager will work in the company and review the appropriate social security treatment when the activity begins.

Keep business income and expenses separate from personal transactions and inform your accountant about every payment method you plan to use. Create a clear process for invoices, contracts, receipts, bank statements and payment reports. If you plan to hire employees, organise payroll and employment documentation before they start work. You should also check whether your activity requires a licence, fiscal device, online-store registration or additional reporting.