Bulgaria Company Formation

Bulgaria has become a very interesting place for opening a business. This is due to its geographical location in Europe and it offers one of the lowest corporation tax rates of 10%. Additionally, Bulgaria is a member of the European Union, Nato and the Council of Europe.

Corporation tax rate of 10% based on the profits of the Company. Bulgaria has also signed double taxation agreements with the United Kingdom, Turkey and Russia, so the Company will only pay tax in one country.

Investment benefits. The state offers investment promotion for initial investment in certain industry sectors:

  • Health Care
  • Education
  • Technology Sector
  • Research & Development
  • Renewable Energy
  • Automotive
  • Electronics.

Company Formation. Company formation is quick and efficient. Your Company can be formed in 3-5 days with your name choice (subject to availability) and includes VAT registration and a nominee Director and shareholder. In addition, we are able to provide a registered office address.

Bank Account for your new Company. We will arrange the remote opening of a Bank account for your Company without the need for you to travel. The Banks we deal with via our business associates in Bulgaria. In general Bulgarian Banks are more welcoming than many other European Banks and are definitely open for business. Bulgaria is a SEPA participant and all domestic banks have multiple correspondent accounts with international banks.

All deposit and current accounts are insured up to 100,000 Euro per Bank in accordance with the European policy for deposit insurance.

Documentation requirements: You will be required to supply any due diligence documentation requested by the bank, which will usually be a copy of your passport and address confirmation.

Accountancy Service. We can introduce our clients to a suitably qualified accountancy practice to file your yearly returns and deal with any other state or taxation issues on your behalf.

Fees: £3,500.00

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Call us now
Contact us on our helpline + 44 (0)1305 853310 to discuss your requirements, and if you would like to proceed, purchase this package over the phone.

Advantages of Bulgaria Company Formation

  • Low Corporation tax rates at 10% on profits
  • Relocation of your business to a European jurisdiction
  • Start-up businesses
  • Double taxation agreement in place with UK and Russia and 70 other jurisdictions
  • No withholding tax for UK residents
  • Tax free repatriation of profits within the EU
  • Fast Company formation
  • Nominee Director service
  • Nominee shareholder service
  • VAT registration
  • Registered office address
  • Bank account opened remotely by us with no bank visit required
  • On-line Banking in English
  • Debit Cards Visa or MasterCard
  • Bank account pre-approval before fee are paid (Exclusive to our clients)
  • Documentation required. Passport and utility bill and completion of our bank account pre-approval forms.