Bulgaria

Capital Hub: Company setup and administration in Bulgaria

July 22, 2019

Congratulations, you have chosen a very special country to invest in: one with a stable economy in the last few years, an easy procedure for company registration, a transparent tax system, friendly business environment, minimum paper documentation and a short list of taxes and social security obligations. It is our pleasure to assist you in this process, but before you start you have to make some decisions in order to be sure you have taken the most appropriate form, way and decision as a whole for your future business activities.

The Commercial Law lists the following types of legal entities, which could be established in Bulgaria:

• Joint-stock company (AD);

• Partnership limited by shares (KDA);

• Limited liability company (OOD), including. Single-member limited liability company (EOOD);

• General partnership (SD);

• Limited partnership (KD).

Nearly half of Bulgarian companies are family businesses

November 8, 2011

More than 40% of all Bulgarian companies are family businesses, according to a new study by the country’s national statistics office NSI.

The research shows that out of 370,593 companies in Bulgaria, more than 156,000 are family-owned.

In addition, the study found that in 2010, family businesses in Bulgaria had a turnover of BGN38 billion (€19.4 billion), representing about 20% of the BGN191 billion turnover realised by all Bulgarian companies in the same year.