Business bank account in Bulgaria for share capital and daily payments

A company in Bulgaria needs two bank accounts: capital, opened in about a day, and current, in 1 week to 2 months. We apply for both: registration with the capital account is €280.

When each account of a Bulgarian company opens

Capital deposit account about a day
Company in the Trade Register 5 to 10 working days
Current account 1 week to 2 months later

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A founder with a phone and a bank card at a café window, a tram passing outside

The two bank accounts a Bulgarian company needs

Point	Capital deposit account	Current account
What it is for	Holds the share capital until the company is registered	Payments from clients and to suppliers, staff and the tax office
When it opens	During registration, before the Trade Register filing	After the company is entered in the Trade Register
How long it takes	About a day	1 week to 2 months
What you get	The bank's certificate that the capital is paid in	An IBAN in euros, cards and online banking
Your part	A transfer of the capital, from €1, from your own bank	One visit by the director, or a notarised power of attorney
Price with us	Inside the €280 of company formation in Bulgaria	In your quote

Bulgarian banks we work with

What each bank or its group publishes for companies, read on their sites on 10 October 2026.

UniCredit Bulbank

Group: UniCredit, a pan-European banking group
For a company: Remote opening of the capital account and of the company account, with a personal banker by phone or video

DSK Bank

Group: OTP Group
For a company: An online request for a capital account or for a current account with a daily banking plan for business

United Bulgarian Bank

Group: KBC Group
For a company: 170 branches across the country

Postbank

Group: Eurobank Group, registered as Eurobank Bulgaria AD
For a company: Package programmes for small businesses and consultations by video

Fibank

Group: First Investment Bank AD, a public company
For a company: Accounts in euros, US dollars, Swiss francs or pounds, and business packages from €9.46 a month

Central Cooperative Bank

Group: Main shareholder Chimimport AD, shares traded on the Bulgarian Stock Exchange
For a company: An account opened at any office, with business debit cards issued free

ProCredit Bank

Group: ProCredit group
For a company: A company account applied for online and signed in the Evrotrust app, with no opening fee

Allianz Bank Bulgaria

Group: Majority owner Allianz SE
For a company: Online and mobile banking for the account

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4.8 on Google from 26 reviews.

Everything is well coordinated and clear. Half an hour of the first meeting was more useful than two weeks of trying to work it out myself.

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What a bank account for a Bulgarian company costs

Prices are before VAT. The bank's own fee for the capital deposit account is included.

Company registration with the capital deposit account

€280Get a quote

Current account application: in your quote
State fee and notary in Bulgaria: included
Accounting, a month: from €150
VAT registration: €80, free with accounting

All prices for a company in Bulgaria

What a Bulgarian bank checks before it opens the account

Two accounts, two checks

The capital deposit account asks little of the founders: the bank identifies them and reads the founding documents. The current account is a second application. For it the bank runs its know your customer (KYC) check, which the EU rules against money laundering require of every bank in the Union.

What the bank asks about

Who owns and directs the company, with each person's passport and proof of address
What the business sells, to whom, and the turnover it expects
Where each owner's money comes from
That the business is real: first contracts, invoices or a working website

A foreign owner gets a closer look

A company with a foreign owner or director gets a closer look, which means more documents and a longer review. We collect the documents, check them against the bank's list and send one complete application, so the bank has few questions left. The owner named to the bank is the person declared as beneficial owner (UBO) in the Trade Register.

How we open a business bank account in Bulgaria

during registration
Capital deposit account
We open it at a Bulgarian bank while we draft the founding documents. You transfer the share capital from your own bank, at least 70% of it when the capital is above €1.
about a day
Bank certificate
The bank confirms that the capital is paid in, and we file its certificate with the Trade Register.
5 to 10 working days
Company registered
The Trade Register enters the company and gives it a UIC, the 9-digit code that every bank form asks for. The filing is set out in the guide on how to register a company in Bulgaria.
after registration
Current account application
You upload the documents of the owners and of the business in your account. We check them, fill in the bank's forms and book the meeting. The director signs at the bank or gives a notarised power of attorney.
1 week to 2 months
Account opened
The bank checks the owners and the business and opens the account. You receive the IBAN, the cards and the online banking, and the share capital is free to use.

Documents for a company bank account in Bulgaria

Documents

For the capital deposit account

Passport or ID copy of each owner and the director
The company name and its business activity
The amount of share capital, from €1

For the current account

Proof of address of each owner and the director
Source of funds of each owner
A description of the business with its expected turnover
First contracts, invoices or the company website
A specimen signature of each person who will run the account

You send them in your account. We check each document the day it arrives and tell you what is missing.

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An account in euros: SEPA, instant payments and the deposit guarantee

Bulgaria joined the euro area on that day. A Bulgarian company holds its balance and pays in euros, and a payment between two euro accounts needs no exchange. The guide to Bulgaria's euro adoption covers what changed for companies.

After the account opens: payments, taxes and the books

IBANPayments by IBAN, a VAT number for EU invoices

Clients pay to the current account's IBAN, and the company pays salaries, suppliers and the taxes due to the National Revenue Agency from it by transfer. A company that will invoice businesses in other EU countries needs a VAT number before its first invoice. We file VAT registration in Bulgaria as soon as the company has its UIC.

€150Each movement is a document in the books

Each movement on the account is also a document in the books. The tariff of accounting in Bulgaria counts one bank transaction as one document, so a company with few payments stays in the first band: €150 a month for up to 30 documents. You upload the monthly statement in your account, and your accountant matches it to the invoices.

What we do for your corporate bank account in Bulgaria

We open it during registration, with the bank's fee inside the €280, and send the certificate to the Trade Register.

Questions about a business bank account in Bulgaria

Can a UK citizen open a bank account in Bulgaria?

For a company, yes. Foreigners of any citizenship can own and direct a Bulgarian company, and the account is opened in the company's name. The bank asks each owner for a passport, proof of address and the source of funds.

Which Bulgarian bank is best for foreigners?

The one whose terms match the company's payments. UniCredit Bulbank, DSK Bank and ProCredit Bank take a company's request online, and Fibank prices its business packages from €9.46 a month. We name the bank to apply to once we know your business.

What do I need to open a bank account in Bulgaria?

For a company: its entry in the Trade Register, the passports of the owners and the director, proof of address, the source of funds and a description of the business. The director signs the application and gives a specimen signature.

Which bank allows foreigners to open an account?

Bulgarian law sets no nationality or residence rule for the owners and directors of a company. Banks open accounts for foreign-owned companies once they have checked the owners and the business. We apply to one of the eight banks we work with.

Do I have to travel to Bulgaria to open the account?

The capital deposit account needs no trip, and for the current account a notarised power of attorney replaces the director's one visit to the bank.

How long does it take to open a company bank account in Bulgaria?

About a day for the capital deposit account and 1 week to 2 months for the current account.

Is the capital deposit account the same as the current account?

No. The current account is a new application after the company is registered, at the same bank or at another one, and we prepare it.

Can a Bulgarian company use a payment account instead of a bank?

For daily payments, yes: an electronic money institution (EMI) licensed in the EU gives the company an EU IBAN. The share capital goes through a Bulgarian bank, which issues the certificate for the Trade Register.

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