Company formation in Bulgaria

The OOD (Limited Liability Company) is the most widely used structure for company registration in Bulgaria — requiring only 2 BGN minimum share capital, limited liability, and no restrictions on foreign ownership. It is ideal for startups, SMEs, and international entrepreneurs entering the EU market.

Company registration in Bulgaria typically takes 1–2 weeks from document preparation to official Trade Register entry. The Trade Register processing itself takes 2–7 business days, making Bulgaria one of the fastest EU jurisdictions for company incorporation.

Bulgaria has the lowest corporate tax rate in the EU at a flat 10%. Dividend tax is 5%, and VAT is 20% for most goods and services. These competitive rates make Bulgaria one of the most tax-efficient EU jurisdictions for international businesses in 2026.

Yes. 100% foreign ownership is permitted with no restrictions on the nationality or residency of shareholders and directors. Non-EU founders can fully own and manage a Bulgarian company remotely, with a local registered address required.

The minimum share capital for an OOD (LLC) is just 2 BGN — making it one of the lowest in the EU. For an AD (Joint Stock Company), the minimum is 50,000 BGN, with at least 25% paid upfront at registration.

Bulgarian companies must file annual financial statements with the Trade Register, submit corporate tax returns to the National Revenue Agency, maintain proper accounting records, and comply with VAT reporting obligations if registered — all manageable with professional accounting support.