Most founders we work with live outside Bulgaria. What they want is simple to describe: a properly constituted company with a bank account and a tax number, set up without a week of notaries and bank queues in Sofia. That is the service.
We handle the entire set-up — choosing the legal form, drafting the founding documents, coordinating signatures and apostilles abroad, filing with the Commercial Register and opening the business account under a power of attorney. Once the company exists, we can remain its corporate counsel, and our corporate team takes over governance, shareholder and transaction work.
Choosing the vehicle
| Form | Typically chosen for | Points to know |
|---|---|---|
| OOD / EOOD (limited liability company) | Trading companies, service businesses, holdings | One or several owners; minimum capital EUR 1; owners risk only their contribution |
| AD / EAD (joint-stock company) | Larger ventures, outside investors, some regulated activities | Minimum capital EUR 25,000; one-tier or two-tier board |
| Variable capital company (DPK) | Venture-backed start-ups with option plans and funding rounds | No minimum capital; share classes allowed; size thresholds apply |
| Branch of a foreign company | A foreign company trading in its own name | Not a separate legal entity — the parent remains liable |
For most international founders an EOOD (single owner) or OOD (several owners) is the right answer. If you only need a presence for marketing or as a basis for residence, a trade representative office may suit you better.
What we take care of
- Incorporation of OOD, EOOD, AD/EAD, DPK, sole traders and branches of foreign companies
- Founding documents in Bulgarian with English working versions
- Powers of attorney, notarisation abroad, apostille and certified translation
- Capital account and business bank account opened under power of attorney
- Filing with the Commercial Register and follow-up until registration
- Beneficial-owner declaration and registration of a contact person where the manager lives abroad
- Later changes: managers, shareholders, registered office, business activities
- Share transfers, mergers, divisions and other transformations
- Voluntary liquidation and removal from the register
How a remote set-up runs
Brief
We agree on the form, owners, manager, registered office, capital and scope of business — and, most importantly, the clauses you will need if partners ever disagree.
Drafting
We prepare the articles or memorandum of association, the manager’s declarations and the powers of attorney you will sign.
Signing abroad
You sign before a local notary; the documents are apostilled (or legalised) and couriered to Sofia for translation.
Capital
Using the power of attorney, we open a capital account with a Bulgarian bank and you pay in the share capital.
Registration
We file electronically with the Commercial Register. A decision normally follows within one to two working days of a complete filing, though the registry has been slower at peak times in 2026.
Handover
The capital account is converted into the company’s current account and you receive the registration documents, ready for accounting and, if needed, VAT registration.
Questions clients ask
Can a foreigner own 100% of a Bulgarian company?
Yes. Foreign individuals and foreign companies can hold all of the capital of an OOD or EOOD, and the manager can be of any nationality and live anywhere. If the manager is not permanently resident in Bulgaria, the company must register a local contact person.
Do I have to come to Bulgaria to open the bank account?
Usually not. Most Bulgarian banks accept a notarised and apostilled power of attorney together with your passport, proof of address, tax number and information about the business and the source of funds. Expect the bank to run its own compliance checks before it opens the account.
Is the share capital blocked after registration?
No. It is paid into a capital account in the company’s name and, once the company is registered, that account becomes an ordinary current account. The money can then be used for the business.
Our company is owned by a foreign parent. Is there anything extra to file?
Yes. Within seven days of registration, a company whose shareholder is a foreign legal entity must declare its ultimate beneficial owners. Missing this or the contact-person filing can lead to a fine.
We already have a Bulgarian company registered in leva. Do we need to do anything?
The registry has already converted the capital figure. Since amendments adopted in September 2026, a separate filing just for the conversion is generally no longer required — the articles are restated in euros the next time you change them for another reason. Details in our guide to the euro changeover.
