Business Set-up in Bulgaria

Start Your Business with Confidence – Legally, Efficiently, and Remotely

Whether you’re an entrepreneur, freelancer, investor, or a company expanding into the EU market, establishing a business in Bulgaria offers substantial benefits: low corporate taxes, simplified regulations, and access to the European Single Market.

At Taskova Legal Services, we handle the full process of company formation in Bulgaria — locally or entirely remotely — with professional legal support at every step.

✅ Consultation on Legal Form

Choosing the right legal form is essential. Based on your goals, business model, and residency status, we will advise you on the most suitable structure:

• EOOD (Single-Member Ltd) – ideal for solo entrepreneurs
• OOD (Multi-Member Ltd) – for business partners
• Sole Trader (ET) – for residents with lower-risk activities
• Branch / Trade Representative Office – for foreign companies expanding into Bulgaria

We explain the legal, financial, and tax implications of each, so you can make an informed decision.

✅ Company Registration in the Commercial Register

We prepare and submit all required documents to the Bulgarian Commercial Register including:

• Articles of Association (bilingual if needed)
• Founding Resolution
• Specimen signature and declarations
• Application for company entry

We act quickly and transparently — most companies are registered within 3–5 working days.

✅ Bank Account Set-Up (In Person or via Power of Attorney)

Every company in Bulgaria must hold a local bank account. We assist you in opening a business account in BGN, EUR, or USD, and prepare you for the bank’s KYC (Know Your Customer) procedures.

• ✅ We accompany you to the bank
• ✅ Or represent you via notarised Power of Attorney
• ✅ Online banking included

Note: Most banks require at least one visit from the owner/director to verify identity.

✅ VAT Registration & Tax Compliance

If your turnover exceeds BGN 100,000, or if you trade cross-border in the EU, VAT registration is mandatory. We handle:

• Application for VAT number
• EU VIES registration (for intra-EU sales)
• Appointing an accountant if needed
• Explaining your monthly or quarterly tax obligations

We ensure your company is compliant from day one.

✅ Remote Set-Up Available

Not in Bulgaria? No problem. We offer full remote registration through a notarised Power of Attorney. You don’t have to travel — we take care of:

• Document drafting
• Notarisation instructions for your country
• Courier handling and timeline tracking
• All filings and registrations

Perfect for digital nomads, non-residents, or those setting up a holding or subsidiary.

Why Bulgaria?

• 🇧🇬 10% corporate tax — one of the lowest in the EU
• 📝 Simple reporting and accounting obligations
• 💼 Flexible company structures and low capital requirements
• 🌍 EU market access and credibility

📩 Ready to start your business in Bulgaria?
Get in touch with Taskova Legal Services for reliable, bilingual support tailored to your needs.