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Corporate & professional services

The Corporate and Professional Services Department is headed by Ivelina Ilieva and company registration is headed by Anna Mitova. We offer multiple services to foreign entrepreneurs in Bulgaria, tackling and processing on their behalf the necessary steps for registration of a company in Bulgaria. Following is a description of the services we specialise in:

COMPANY REGISTRATION AND FURTHER JUDICIAL STEPS PROCESSING


The registration of a company in Bulgaria includes the following steps:

To defy the type of company to be set up, a single-member limited liability company (a single-shareholder company or sole trader (ST) or a joint stock company (JSC) (with two or more shareholders).

To submit the official address of the company, which can be our office address too.
To defy the company's name and reserve its uniqueness in the commercial registrar.
To form the company's share capital (at least 5,000 BGN worth about 2,500 euro)

Issuance of the company's documents required by the Bulgarian Law, such as:

Constituent Assembly minutes
A Constituent Act for the single-member limited liability company (ST) and Memorandum of Association for the joint-stock company (JSC).
Notarized signature specimens of the person/s, who shall represent the company
Declaration in compliance with Art. 142 of the Commercial Act
Application signed by the company's manager to add the company in the commercial registrar;

There are two options:

A.- To sign the documents in Spain in front of a notary, to certify and seal them and send them to Bulgaria for translation and certification.
B.- To sign the documents in Bulgaria in front of a notary in both the languages

Once the documents are ready, further steps follow:

Deposit the company’s initial share capital in an account and to issue a certificate
Submit all the documents to the court in order to proceed with the addition in the commercial registrar. In ten working days after submission, the court comes up with a decision, which certifies the addition of the company
Request the seal of the new company
Request an interim certification under BULSTAT number (a tax identification number in Bulgaria)
Activate the account transforming it into current account
Get the BULSTAT identification card in 20 days, which is the company's identity number in Bulgaria.

We also offer:

Legal consulting on the company's proper accounting documentation in Bulgaria
Elaboration of protocols and loans contracts, which are declared in the Bulgarian National Bank
Help on getting an online banking access, by which our customers may manage and control the transactions of the company's bank account and carry out the payment from their own country.
Further procedures related to the company's activity, such as:

  • The company's address change.

  • The company's name change.

  • New shareholders registration and the change of the company's legal registration.

  • Company's liquidation.

  • We can also prepare all the documents concerning the steps mentioned above.

ACCOUNTING SERVICES


We provide accounting and taxation consultancy and financial planning.


We provide accounting and bookkeeping services, including:

Transactions bookkeeping and registration into an accounting programme.
Complete and submit a Value added tax (20%) declaration and prepare the monthly report
Complete and submit Corporate tax (10%) declaration
Prepare the certificates and declarations necessary for the tax registration after a property acquisition.

Employment and staff documentation and social security services, such as:

Employment contracts elaboration and registration in the Bulgarian Employment Agency.
Issue of payslips.
Liquidation of social security contributions.
Processing of employees sick-leave.
Liquidation of natural persons’ income tax.
End of employment relationship documentation.
Social security registration and de-registration.

servicios@portalbulgaria.com

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