How to register company Ltd in Bulgaria

Updated - 03.04.2014.
You think it is not possible to register your company - free, fast and easy? You can convince yourself that this is already possible. Now you yourself can make all the necessary process of registration of a company in Bulgaria or was she LTD LTD without the assistance of lawyers and notaries and without cost you dearly.
Due to intensified interest and inquiries to our accounting firm for registration as a Ltd company (LLC) decided successively at several points to explain succinctly registration procedure Ltd. (LLC) (single member limited liability companies). Accordingly, we will apply the required documents and registration Ltd. (LLC). So you yourself can manage to fill in and submit the required documents.
Below we have compiled a list of what to do and what steps to take to register a company as LTD or LTD. The difference between the two corporate forms - an LTD is that in LTD form of government and the company is solely owned by an owner / partner. Ltd. while the company may attend two or more members with equal or different rights to shares / capital, which is mentioned in the articles of the company in Bulgaria.

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Download the attached documents and edit them as needed and according to what does your company do.

1. First is choosing a name for your company - is obligatory before submitting documents for registration of the company as LTD in Bulgaria to verify that the name you chose is unique and not repeated with other, already entered in the Commercial Register.
You can easily check the internet site of the Commercial Register in the section "References" to verify whether the company you want to enter must be free from the resulting page - "to the company" in the "company name" - to write the business name you want to register. If you see below in red - "No namereni results." , This means that the name is available and can be used. Beware of similar company names - if there is an existing company "Todorov COMPANY" and you want to sign up - "Todorov Company", the name of the new company is very close to an already registered company and can refuse entry with that name, though that you have been told that there is no found matches the specified criteria!
 Note: If your site is displayed Certificate error (problem with the certificate) click Proceed anyway (continue) to open the page.
2. Save the name of the company - completely unnecessary! To register as a Ltd company in Bulgaria or limited if you have checked that the corresponding name you want on the Internet is free to register, you do not need this service! Thus saving 50BGN!

3. Application A4 (registration of particulars concerning limited liability company) - contains information about the company, manager, capital etc. Note that the fill using Adobe Reader.
   Note: The form can not be stored yet, so you'll need after you fill it to print.

4. Management agreement with specimen signatures - acceptance of the company's management plus specimen signatures. - Validated by a notary

5. Declaration of art. 142 CA - declares that without the consent of the company will not transact business and will not participate in other companies. - Validated by a notary

6. Minutes of a meeting of the sole - attests to the desire to create a company. (Sample document)

7. Founding act - it describes the subject of business management and method of representation, general provisions, and everything about the newly formed company. (Sample document)

8. Declaration of art. 13, para. 5 of the Commercial Register - declares that the application and attached documents provided by the applicant. - To be submitted only if the documents are submitted by the authorized person (requires a notarized power of attorney in this case)

9. Declaration of art. 13, para. 4 of the Commercial Register - declares is the truth of the circumstances stated and submitted for adoption announcement acts. - To be submitted when the documents are submitted by you (or trader - the manager of the future company).
   Note: Do not confuse the two declarations (under Article 13, paragraph 4 and chl.13al.5), these are two different and required documents for registering Ltd. depending on how you submit the documents.
If you as a manager submitting the documents you need it - (9) Declan. of art. 13 para 4.
If other documents filed on your behalf you need - (8) Declan. of art. 13 para 5

            Download the full set of documents for registration of a company as LTD or sole LTD in Bulgaria
                                                                       (Updated to 03/04/2013)

Important! From 2011. Commercial register and service launches e-filing of documents for registration of a company as LTD, Ltd. and others. Through which the registration fee is twice as low. Ie if you use the services of our accounting firm, we are able to register your company faster and cheaper by using the method of submitting all this documentation electronically. - Contact us for more info

If you still want us to prepare and perform the registration for you, please contact us here - Registration of the company

Required! : After completing all the documents necessary for registration of company as LTD or limited, check everything carefully and make sure that the completed information is accurate and correct and no errors in names and data given. Important! - Wrong submissions or incorrectly filled data may deny you entry, which means you will have to pay back the entry fee.

Once you are satisfied that the completed documents are in order should notarisation.
The cost for certification is relative depending on the notary, but it is between 6-12BGN.

Once you are done and you have completed the above steps to select the bank of the opening of the capital account of the newly registered company in Bulgaria -  LTD or LTD. Our accounting firm from personal experience, we recommend you ProCredit Bank on corporate accounts, where conditions are some of the best fees are comparatively lower and banking services is always very high. Another alternative is bank UniCredit Bulbank in which service is also quite good, but there are fees for servicing corporate accounts are higher. Ultimately, the choice is yours. In the links section of our website you can find contacts of all banking institutions in the country. The most important thing when choosing a bank has adequate conditions for the activity that your firm will perform.
Lowest fees for opening an escrow account are the following banks - First Investment Bank, UBB, Emporiki Bank, International Asset Bank. (10lv.)

Once you have selected the bank should go and bring capital to the inaugural of the company (the opening of escrow account). There should carry your ID card and signed the Constitutive Act and the Memorandum of the newly established company. The minimum capital required as a Ltd company is 2lv. Although our experience as Accounting Office indicates that rightly is the introduction of financial capital corresponding to the volume of your company (eg: a small company with 2-player employee - at least 100 BGN, a large company with 50 employees - at least 1000BGN.). This is due to various reasons, which could be explained in two sentences so I will miss. Here again, the choice is yours. Bank fees vary but are in the range of 10-20lv.

Then you can pay the fee for registering a company as LTD or Ltd, which amounts to 160BGN must have the account number of the commercial register in order to make the transfer in rightly says "registration fee Ltd". (If filing electronically this tax is 80 lv.)
(Be careful when filling in the registration of the company as LTD or limited, it must be properly and correctly filled else can you get to pay the fee again!)

Once you have gone and you've done all this, it should go to the Registry Agency (Commercial Register). In Plovdiv is "Stefan Verkovich" № 3 

Commercial Register at the Registry Agency has in other major cities - Blagoevgrad, Burgas, Varna, Veliko Tarnovo, Vidin, Vratsa, Gabrovo, Dobrich, Kardzhali, Kyustendil, Lovech, Montana, Pazardzhik, Pernik, Pleven, Razgrad, Ruse, Silistra, Smolyan, Sofia, Stara Zagora, Targovishte, Haskovo, Shumen, Yambol, with current addresses in cities can be found on the Registry Agency: http://www.registryagency.bg/?page_id=319&subpage_id=369

There should carry with you:

1. Documents that are prepared and compiled the future company

2. Notarially certified documents for registration Ltd. or Ltd. in Bulgaria

3. Certificate of paid-up capital for registration of the company as LTD or limited by the Bank

4. Document for payment of stamp duty.

And that's it!

Keep your incoming number that gives you after submitting the documents. Following decision of the Registry Agency, which fits Ltd registered companies or limited in the records, and to receive confirmation and to avoid unnecessary checks if everything is ok, must in A4 form of sets of documents for registration of LTD or LTD specify e -mail address for correspondence.

Fees that will be charged for all registration procedures Ltd. as the company is about 270lv.

Important! From 2011. Commercial register and service launches e-filing of documents for registration of a company as LTD, Ltd. and others. Through which the registration fee is twice as low. Ie if you use the services of our accounting firm, we are able to register your company faster and cheaper by using the method of submitting all this documentation electronically. - Contact us for more info

And please note that all documents for registration of the company as LTD or LTD must be properly and correctly filled if the error appears somewhere (even small variations in these data in all documents and form A4) can be made to pay the fee again and you may be refused entry to the company. Check several times all their registration papers before you submit them to make sure that everything is filled in correctly!
Please note that the attached documents are only examples and, depending on the subject and your company you need to change them to suit your needs.

Useful when you register your company (LTD / LLC):

After registering the company should spend its company seal - this is an actual condition that will issue the Registry Agency once, the company you have requested is listed.
Else for which you might consider:

● Cover the escrow account at the bank (you can download the paid-up capital) and find a company paying when you need it
● Purchasing fiscal device (cash register) in case you need it.
● Registration of VAT is:
- Option in case you need to perform operations in which it is imperative VAT registration.
- Mandatory for the accumulation of 50 000. turnover for the period of 12 calendar months (not calendar year).
● Think about what type of insurance you choose. Within one week of starting activity (first income or expense invoice is issued / received), the Governor must declare this to the NRA of residence and accordingly choose insurance plan (self-employed person / manager of a management contract)
● Make multiple copies of the documents. Henceforth wear originals only when explicitly required.
● After you print, wear it everywhere. Required for each operation in the bank.

The team of accounting firm ATC Consult

If you still want us to prepare and perform the registration for you, please contact us here - Registration Ltd / Ltd

Cheap and fast company registration in Bulgaria - Ltd., Ltd. LLC, ET, SA , AD and others from KTK Konsult Plovdiv

The team of accounting firm KTK Consult not responsible for incorrect documents / refusal by the Registry Agency, when you submit the documents.
Registered as a company LTD and LTD by MSC Konsult
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