COMPANY INCORPORATION IN BULGARIA

Establish company in Bulgaria and get an advantage of the lowest tax rate in European Union –just 10% annual  flat rate on net company incomes. Relocating your business in Bulgaria offers wide range of cost saving options . Reduce your business risk  administrative cost and make a profit out of it by transferring and manage assets in Bulgaria  . The simplicity of the tax system in Bulgaria  makes calculations very easy further decreasing your administrative  ,employment  ,national insurance ,utilities and tax costs. All that combined with lower labor price , mounts up to significant cost savings. Statistics shows that our customers are reducing their administrative and tax expenses for a running and maintaining a business in Bulgaria  with nearly 30% on annual basis comparing to other countries in European Union.

The best form of doing business in Bulgaria are through  establishing Bulgarian limited liability company (LLC/ООД) or Sole owned limited liability company(SoLLC/ЕООД)

Lawyers Bulgaria incorporation package for a new established Bulgarian companies includes the following services:

• Initial advising on company commercial structure
• Drafting company incorporation contract , Company management contract.
• We provide our office as a business address of the newly founded  Bulgarian companies
• Opening company incorporation  bank account
• Preparing and drafting  full set of company documents
• Notary endorsement of company documents.
• Submitting company documents to Bulgaria company registration agency.
• Obtaining company good standing certificate/Prove the company is registered and  operating/
• Arranging a company seal
• Time line to establish company in Bulgaria is 7/seven/ days.

Additional services available if requested regarding Bulgaria company registration and maintenance:

• Providing a company secretarial, mailing, and postal address.
• Accounting ,bookkeeping and tax advise
• Value added tax registration /VAT/
• Submitting a tax report to the local tax office in Bulgaria
• Opening a Bulgarian company bank accounts and transferring incorporation into business account
• Opening a personal bank accounts in Bulgaria on behalf of manger/share holders
• Legal advice on acquiring assets and real estates in Bulgaria
• Registering an assets acquired in Bulgaria as real estates ,cars ,company shares and other
• Obtaining a permanent residency in Bulgaria for a company manager and share holders
• Obtaining a licenses and permits for specific business activities
• Obtaining a trade marks and copy rights on the territory of Bulgaria
• Representing a company under the contract or power of attorney to the Bulgaria state authorities
• Representing a company under the contract or power of attorney to the Municipality authorities

TAXS AND TAX RATES IN BULGARIA

1. Corporate tax – 10 % of the net profit per year;

2. Dividend tax 5% – only in case of real payment  of dividends;

3. VAT – 20%. The EU internal deliveries and the export are free of VAT;

4. 10% personal income tax.  The Dividends are free of tax after they being shared between the shareholders and after the 5% dividend tax is paid.

Please contact us by e-mail  in order to get free initial legal advice and case evaluation.Do not hesitate to describe your case or business idea and we will contact you shortly .You can find Lawyers Bulgaria contact details on left hand side of the current page or if you go on Contact Us page.