One of the main purposes of registering a Trade Representative Office of a foreign company in Bulgaria is the opportunity for advertisement of the company’s activity in search of new markets. Through this registration every international company can freely and legally promote its own activity or make research on the local market.

Although the opportunities are limited since the registration strictly prohibits economic activities, i.e. sales and purchases, the main goal behind it is determination of all perspectives for investments in Bulgaria and the economic considerations of the latter.

Obtaining a Type D visa and Bulgarian residence permit


The Bulgarian Trade representative office is regulated by the Bulgarian Investment Promotion Act which permits foreign persons to obtain a Type D visa and residence permit in Bulgaria. This opportunity is available to foreign nationals who wish to promote and expand their foreign business in Bulgaria.

Assistance can be provided to obtain a Type D visa and Bulgarian residence permit based on the registration of a trade representative office of your foreign company in Bulgaria. Our standard fee for registering your new trade representative office in Bulgaria and preparing the requisite set of a Type D visa application documents and Bulgarian residence permit for a single applicant is only 1,499 EUR. You may add second and third representatives to your trade representative office and assistance with a Type D visa for only 799 EUR per each applicant.

Benefits of holding a Bulgarian residence permit

• You receive a Bulgarian ID card for foreigners that allows multiple entries and stay in Bulgaria.
  
• You may renew your Bulgarian ID card for foreigners for up to 5 years.
  
• No need to reside in Bulgaria to renew your residence permit.
  
• Holders of a Bulgarian residence permit can travel legally to Romania, Croatia and Cyprus for 90 days in any 180 days period without visa.
  

After five years you may apply for a Bulgarian permanent residence permit. The first permanent residence is granted for a five years period. Thereafter, you may apply indefinite permanent residency or for a Bulgarian citizenship & passport.

You enjoy a relaxed visa application process among Schengen Area countries.
You may move your family to Bulgaria.




Advantages using our services to establish a trade representative office in Bulgari

• No fee for a registered office address! We will provide a top location registered office address for your Bulgarian trade representative office free of charge for as long as you need!
  
• No maintenance, annual or hidden fees!
  
• Guaranteed lowest price! If you are offered a lower price, we would be happy to beat it!
  
• Reliable Accounting Service in Bulgaria!
  

Registration of a trade representative office in Bulgaria


To open a trade representative office in Bulgaria, the following certificates of the foreign/ EU company need to be provided:

• Certificate of Good Standing;
  
• Certificate of Incorporation;
  
• Memorandum of Association;
  
• Annual Financial Statement/ Tax Return for the previous year.
  

The above certificates need to be legalized in the country of incorporation of the foreign/ EU company before they can be legally valid in Bulgaria. For more details about legalizing your company certificates, please contact us. Additionally, a set of registration documents (Power of Attorney, Specimen, etc.) will be emailed to you and needs to be attested following one of the valid attestation/ legalization methods.

Change in the circumstances of a trade representative office


If you have already registered a trade representative office in Bulgaria and you would like to change any of the trade office circumstances we may assist you with the following:

• Add a second representative/ Remove a representative;
  
• Change of the registered office address;
  
• Close your trade representative office;
  

To change any of your trade representative office circumstances, you will need to authorize us to act on your behalf and at your expense related to the particular change. The authorization requires few documents to be attested in the nearest Bulgarian embassy or consulate, or apostilled. Changes in the circumstances take up to 3 working days after receiving authorization.

If you have any questions regarding changes in trade representative offices, please do not hesitate to contact us.


Ordinary and Express

If you do not require assistance with obtaining a Bulgarian Type D visa, our ordinary service fee to open a trade representative office in Bulgaria is only 699 EUR. Express registration of a trade representative office in Bulgaria is offered at 799 EUR.

*Our service fees include the translation and legalization of your foreign company documents for the registration of the trade representative office in Bulgaria.

You may order registration of a trade representative office in Bulgaria via Epay.bg.

Please take a look at our prices to see the most competitive prices for registering trade representative office in Bulgaria.

Please contact us for more details about registering a Bulgarian trade representative office.

Bulgarian Business Visa through the registration of a Bulgarian Trade Representative office:

If you are a non-EU national and you would like to obtain a short-stay Bulgarian Business visa, you are NOT required to employ local citizens. You may order our Business Immigration Package which includes:

1. Registration of a trade representative office in Bulgaria.
   
2. Invitation short-stay visa.
   

For more details about invitation letters and applying for a Business visa through the opening of a Bulgarian trade representative office, you may request a call back.

Bulgarian EOOD Company

Bulgarian Corporate Law allows foreign nationals to remotely register a company in Bulgaria by granting power of attorney to a Bulgarian Law firm. The lawyers at Bulgarian Companies Limited will assist you to remotely register your Bulgarian EOOD company starting from only 299 EUR. Using our company formation services, we do not charge maintenance or annual fees for the registered office address and scanned business mail service.

The EOOD is a company designation in which the shareholder’s liability to creditors is limited to the amount of capital deposited in the company. Liability does not extend to the individual shareholder’s assets. The Bulgarian EOOD company is preferred by persons who would like to start their business in Bulgaria or who would like to purchase a real estate property. The Private limited EOOD company is strongly recommended to IT professionals who would like to benefits from the Bulgarian corporate tax rate of flat 10%. The EOOD is also suitable for registering a boat or registering a motor vehicle as a company asset. Protecting your assets you will also benefit from the low taxes on vehicles and boats in Bulgaria.

You may proceed with your Bulgarian EOOD company by paying via PayPal.

If you are two or more shareholders you may consider the registration of a Bulgarian OOD company.

To register a Bulgarian EOOD company

•  You need to provide a copy of an identification document (passport or national ID card).
•  3 (or more) examples for company’ names.
•  Name of the future company’s manager.
•  Name of the future company’s capital sole proprietor.
•  Amount of the foundation capital preferred*.
•  Scope of company’s activity.

Benefits of registering a Bulgarian company

 Lowest setup fees within the EU.

 Lowest required founding capital – 1€ .

 Lowest Tax on Dividends in the EU – 5% only.

 Lowest Tax on Corporate & Personal Income – 10% flat rate.

 Lowest Social security contributions in the EU.

 VAT within the EU – 0%.

 Easy, Fast and Secure incorporation service.

 Affordable accounting & legal services.

 Company incorporation within 24 hours.

 Double Taxation treaties with 70+ countries.

Advantages using our services to establish EOOD company in Bulgaria

• No fee for a registered office address. We will provide a top location registered office address for your Bulgarian company free of charge for as long as you need.
• No maintenance, annual or hidden fees.
• Assistance to obtain Bulgarian residency and become a tax resident of Bulgaria.
• Competitive pricing for Accounting Services in Bulgaria.
• Free scanned business mail service.
• You may purchase a Bulgarian ready-made EOOD company.
• You may register a holding company in Bulgaria.

Please take a look at our prices to see the most competitive prices for establishing Bulgarian companies.

Steps to register a limited company in Bulgaria

1. Drawing up the set of incorporation documents (Power of Attorney, Memorandum of Association & Declarations).
2. The director of the company will have to certify a Specimen with the nearest Bulgarian embassy or general consulate, or with a local notary public in Bulgaria. Please check the attestation requirements for your country here.
3. Opening of an escrow bank account for the deposition of the founding capital. The register a company in Bulgaria, you are required to deposit the share capital. Once the company is officially incorporated, you can withdraw the entire share capital.
4. Filling the set of incorporation documents to the Bulgarian Commercial Register.
5. Your Bulgarian company will be officially incorporated within 3 working days of the submission. The escrow bank account is closed and you can plan your visit to Bulgaria for the opening of a company bank account. You can apply for a VAT registration of your Bulgarian company. 

How to open a company bank account in Bulgaria?

Since 1^st of August 2019 banks in Bulgaria refuse to open company bank accounts unless the director of the company is a resident of Bulgaria. In other words, you have to apply for Bulgarian residency for EU citizens prior to applying for the opening of a company bank account. On the other hand, applying for Bulgarian residence card is a precondition to qualify for Bulgaria tax residency.

For more details about registering a Bulgarian ЕOOD company, you may request a call back.

Change in the circumstances of an already registered EOOD company

If you have already registered your Bulgarian company and you would like to change any of the company circumstances we may assist you with the following:

• Change in the ownership and directorship;
• Increase/ decrease of the company capital;
• Change of the registered office address;
• Change of the name of the company;
• Convert EOOD company into Bulgarian Joint Stock EAD company;
• Convert EOOD company into Bulgarian Limited Liability Partnership OOD company;
• Liquidation of a Bulgarian EOOD company;
• Insolvency in Bulgaria.

To change any of your company circumstances, you will need to authorize us to act on your behalf and at your expense related to the particular change. The authorization requires few documents to be attested in the nearest Bulgarian embassy or consulate. Changes in company circumstances take up to 3 working days after receiving authorization.

If you have any questions regarding company changes, please do not hesitate to contact us.

Company Formation in Varna

Varna is the 3nd biggest city of Bulgaria and also very popular as a location for international companies. The city of Varna is especially popular among IT companies. This is because of the excellent IT-programs offered by the universities in Varna and the amount of available IT specialists in this city.

Also in Varna it’s easy to find multi-lingual and well educated employees. Most used languages are English, German, French and Russian.

Additionally to the above benefits, accounting and legal services in Varna and associated company costs are substantially lower than in Sofia.

Bulgarian Business Visa through company formation in Bulgaria:

If you are a non-EU national and you would like to obtain a short-stay Bulgarian Business visa, you are NOT required to employ local citizens. You may order our Bulgarian Business Immigration Package:

1. Registration of a Bulgarian limited company.
2. Invitation short-stay visa.

For more details about Bulgarian invitation letters and applying for a Bulgarian Business visa, you may request a call back.

Bulgarian OOD Company:benefits and registration

Bulgarian Corporate Law allows foreign nationals to remotely register a company in Bulgaria by granting power-of-attorney to a Bulgarian Law firm. The lawyers at Bulgarian Companies Limited will assist you to remotely register your Bulgarian OOD company starting from only 399 EUR. Using our company formation services, we do not charge maintenance or annual fees for the registered office address and scanned business mail service.

The shareholders’ liability to creditors is limited to the amount of capital deposited in the company. Liability does not extend to the individual shareholders’ assets. The only difference between the Bulgarian OOD company and the Bulgarian EOOD company is the number of shareholders. The OOD company is limited liability company with two or more shareholders.

You may order a Bulgarian OOD company paying through EPAY.bg checkout with your debit or credit card.

To register a Bulgarian OOD company

•  You need to provide a copy of an identification document (passport or national ID card).
•  3 (or more) examples for company’names.
•  Name of the future company’s manager.
•  Name of the future company’s capital sole proprietor.
•  Amount of the foundation capital preferred*.
•  Scope of company’s activity.

Benefits of registering a Bulgarian company

 Lowest setup fees within the EU.
 Lowest required founding capital – 1€ .
 Lowest Tax on Dividends in the EU – 5% only.
 Lowest Tax on Corporate & Personal Income – 10% flat rate.
 Lowest Social security contributions in the EU.
 VAT within the EU – 0%.
 Easy, Fast and Secure incorporation service.
 Affordable accounting & legal services.
 Company incorporation within 24 hours.
 Double Taxation treaties with 70+ countries.

Advantages using our services to establish OOD company in Bulgaria

• No fee for a registered office address! We will provide a top location registered office address for your Bulgarian OOD company free of charge for as long as you need!
• No maintenance, annual or hidden fees!
• Guaranteed lowest price! If you are offered a lower price, we would be happy to beat it!
• Competitive pricing for Accounting Services in Bulgaria!
• Free scanned business mail service!
• You may purchase a Bulgarian ready-made OOD company.
• You may register a holding company in Bulgaria. 

Please take a look at our prices to see the most competitive prices for establishing Bulgarian companies.

Steps to register a Bulgarian OOD company

1. Drawing up the set of incorporation documents (Power of Attorney, Memorandum of Association & Declarations).
2. Each director or manager will have to sign a Specimen and attest at the nearest Bulgarian embassy or consulate, or a local notary public.
3. Opening of a company bank account for the deposition of the founding capital.
4. Translation and legalization of the Specimens (if not signed in front of a Bulgarian notary or at Bulgarian embassy or consulate).
5. Filling all documents at the Bulgarian Company Register.
6. Your Bulgarian OOD company is registered within 2 working days. The deposition bank account is closed; applications for a business bank account and Bulgarian VAT number can be submitted.

If you purchase two or more Bulgarian OOD company packages at the same time you will receive 20% discount from your order. Becoming our client you will benefit from 10% discount from all future orders with us.

For more details about registering a Bulgarian OOD company, you may request a call back.

Change in the circumstances of an already registered OOD company

If you have already registered a Limited Liability Partnership OOD company and you would like to change any of the company circumstances we may assist you with the following:

• Increase/ decrease of the company capital;
• Change in the ownership and directorship;
• Change of the registered office address;
• Change of the name of the company;
• Convert OOD company into Bulgarian Joint Stock EAD company;
• Convert OOD company into Bulgarian Single Person EOOD company;
• Liquidation of a Bulgarian OOD company;
• Insolvency in Bulgaria.

To change any of your company circumstances, you will need to authorize us to act on your behalf and at your expense related to the particular change. The authorization requires few documents to be attested in the nearest Bulgarian embassy or consulate, or apostilled. Changes in company circumstances take up to 3 working days after receiving authorization.

If you have any questions regarding company changes, please do not hesitate to contact us.

Company Formation in Varna

Varna is the 3nd biggest city of Bulgaria and also very popular as a location for international companies. The city of Varna is especially popular among IT companies. This is because of the excellent IT-programs offered by the universities in Varna and the amount of available IT specialists in this city.

Also in Varna it’s easy to find multi-lingual and well educated employees. Most used languages are English, German, French and Russian.

Additionally to the above benefits, accounting and legal services in Varna and associated company costs are substantially lower than in Sofia.

Bulgarian Type C Business Visa through company formation in Bulgaria:

If you are a non-EU national and you would like to obtain a Bulgarian short-stay business visa, you are NOT required to employ local citizens.You may order our Business Immigration Package which includes:

1. Registration of a Bulgarian Private company.
2. Invitation short-term visa.

For more details about Bulgarian invitation letters and applying for a Business visa, you may request a call back.