Register a Company in Bulgaria (EOOD) — Plameli Finance

Bulgarian company registration as the start of a long-term relationship

Registering a company in Bulgaria is the first link in a long chain of administrative and tax obligations, so we treat it as the beginning of an ongoing relationship rather than a one-off service. We work with founders based in Sofia and abroad who want a clear process, a fixed price, and someone accountable for the deadlines.

EOOD or OOD: choosing the right legal form

A single-member limited liability company, known in Bulgarian as an EOOD, suits a founder who will own and run the business alone: the structure is simple, decisions are made by one person, and the reporting obligations are lighter. A multi-member limited liability company, an OOD, fits two or more partners and requires a partnership agreement, a defined split of ownership shares, and clear decision-making rules among the partners. In both cases the owners’ liability is limited to their contribution to the capital, not their personal assets. Non-resident individuals can be the sole owner and sole manager of a Bulgarian EOOD; Bulgarian residency is not a legal requirement. We help you choose the structure that matches how the business is actually owned, not the option that only looks simpler on paper.

Documents and steps to register a company in Bulgaria

Registering with the Commercial Register, kept by the Registry Agency, requires details of the owner or owners and the manager, the company name and registered address, the scope of business activity, the amount and split of the capital, and the constitutive act for an EOOD or partnership agreement for an OOD. We check that the chosen name is available, prepare the full set of documents, and file the application together with the statutory declarations.

Remote registration by power of attorney

You do not need to be physically present in Sofia to register a company here. With a properly notarised power of attorney, we file the documents on your behalf, liaise with the notary and the bank, and keep you informed at every step. This is the usual route for founders who live outside Bulgaria, provided they hold a valid identity document and issue the power of attorney correctly.

Capital, the escrow account, and what happens after the Commercial Register

Before registration, an escrow account is opened to receive the company’s capital contribution. Once the Commercial Register completes the registration, the escrow account converts into the company’s regular business account. We assist with choosing a bank and preparing the account-opening documents, including cases where the owner cannot attend in person. Once registered, the company is automatically registered with NAP and the National Statistical Institute; at this stage we assess together whether to apply for VAT registration, and we start ongoing accounting from the company’s first working day, so no filing deadline is missed. Registration with the Commercial Register typically takes a few working days once a complete file is submitted. Bulgaria applies a flat 10 percent corporate income tax and a 5 percent tax on distributed dividends, among the lowest rates in the European Union.

Why a cheap registration often costs more later

A low price for the registration itself usually means the constitutive documents were drafted from a template, without considering the business structure, the tax treatment, or changes the company is likely to need later. Amending the scope of activity, the capital, or the registered address afterwards typically costs more than the difference in the original price. That is why we offer registration together with a review of the company’s overall tax and accounting picture, rather than as an isolated service.