How do I register a company?

Most users have difficulty choosing the type of company to register. Each structure has its advantages and disadvantages. The most important thing is to think about the taxes you owe to the state and the responsibility you take on your partners. For the time being, Ltd. or Ltd. is the preferred form of start-up for a small to medium-sized company in Bulgaria, especially after reducing the initial capital requirement at the time of registration.

The difference between EOOD and OOD is the number of people holding a portion of the capital. At EOOD the ownership of the capital is sole – one person is the contributor of the capital. For the registration of the LLC – the founders must be at least two, but there is no requirement to have equal capital investments.

Required EOOD documents. Required Ltd documents.

You will need the following documents:

  1. A note on paid-in capital that you can issue from an optional bank.
  2. Consent for acceptance of management and specimen signature (specimen) – it must be certified by a notary public and signed by the manager. There are two options: to have a prepared specimen who only needs a notary certification or to ask the notary’s office to prepare it.
  3. Founding Act.
  4. Articles of Association – The document must contain the decisions taken by the constituent assembly and the agenda of the meeting.
  5. Decision on the appointment of the sole owner of the capital as manager.
  6. Application form A4 – the most important document!
  7. You can find it on the Commercial Register website, download it and fill it out. All other documents shall be attached to it.
  8. Декларация по чл. 13, ал. 4, Закон за Търговския регистър (ЗТР). Декларира се истинността на заявените обстоятелства. Подписва се от заявителя.
  9. Declaration under Art. 13, para. 5, ZTR. Submitted by the bearer. Only to be filled in when the applicant does not submit the documents in person in the TA.
  10. Declaration under Art. 13, para. 5, ZTR. Submitted by the bearer. Only to be filled in when the applicant does not submit the documents in person in the TA.
  11. Декларация по чл. 141, ал. 8, ТЗ. Управителят декларира, че отговаря на изискванията на закона за управител на фирма. Подписва се.
  12. Application for company retention (E1), which is optional and costs BGN 50.
  13. License or permit when the business requires it.

Source: registryagency.bg

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