Registering a company in Bulgaria is a fast and affordable process that can be completed entirely online through the Commercial Register at the Registry Agency. For most entrepreneurs, the procedure takes 1–2 business days, provided all documents are correctly prepared. Below is a complete, clear breakdown of the steps and the exact costs involved — in euro.
1. Choose a Legal Form and Company Name
The two most common types of companies in Bulgaria are:
- EOOD – a limited liability company with one owner
- OOD – a limited liability company with two or more shareholders
Before proceeding, you must check whether your chosen company name is available in the Commercial Register.
2. Prepare the Required Documents
To register an EOOD/OOD, the following documents are needed:
- Incorporation Act (for EOOD) or Articles of Association (for OOD)
- Decision of the sole owner / Minutes of the founding meeting
- Notarized specimen signature of the managing director
- Declarations under Articles 141(8) and 142 of the Commercial Act
- Proof of paid share capital — minimum 1 EUR
3. Open a Capital Bank Account
You must deposit the initial capital (minimum 1 EUR).
Bank fee: 5–10 EUR, depending on the bank.
4. Submit the Documents to the Commercial Register
Two options are available:
Online submission (recommended)
- Requires a qualified electronic signature (QES)
- Faster and cheaper
- State fee: 28 EUR
Submission in person at the Registry Agency office
- State fee: 56 EUR
5. Receive the Company Identification Number (EIK)
Once registered, your company receives an EIK, which is its official business identification number.
How Much Does It Cost to Register a Company in Bulgaria? (in EUR)
| Service | Submission in person | Online submission | Notes |
| State registration fee | 56 EUR | 28 EUR | EOOD/OOD |
| Notary fee for specimen signature | 10–15 EUR | 10–15 EUR | Depends on the notary |
| Bank fee for capital account | 5–10 EUR | 5–10 EUR | Varies by bank |
| Minimum share capital | 1 EUR | 1 EUR | Not a fee |
| Document preparation | 50–150 EUR | 50–150 EUR | If using a specialist |
| Qualified electronic signature | – | 15–25 EUR/year | If you don’t have one |
6. Total Estimated Cost (in EUR)
If submitting in person:
~72–92 EUR
If submitting online (recommended):
~44–66 EUR
If using a professional accountant/lawyer:
Add 50–150 EUR depending on the provider.
Many service providers can also submit documents using their own electronic signature.
7. After Registration
Following the company registration, you must:
- Register with the National Revenue Agency (NRA)
- Determine whether VAT registration is required
- Open a business bank account
- Obtain any specific licenses, depending on your business activity
8. Conclusion
Starting a company in Bulgaria is fast, affordable, and digitally streamlined.
With online filing, your total cost is around 50 EUR, making Bulgaria one of the easiest and most cost-effective EU countries for setting up a business.
Beyond assisting you with the full company registration process, our team can also provide a wide range of additional services to support your operations in Bulgaria. These include:
- Legal consultations and full legal representation within Bulgaria
- Accounting services and financial consulting
- Tax advisory and communication with the Bulgarian tax authorities
- Marketing and business development support for foreign companies entering the Bulgarian market
All additional services are delivered by Velark Ltd. or by our trusted professional partners, with special pricing and preferential conditions available exclusively to our clients.
