Companies Different company forms: EOOD - Sole-shareholder Limited Liability Company OOD - Limited Liability Company ET - Personal Unlimited Liability Company AD - Joint-stock Company EAD - Sole-owner Joint-stock Company SD - Unlimited Partnership KD - Commendam, Limited Partnership, Responsibility is according to Agreement KDA - Partnership Limited by Shares
Company registration time and costs: 2-7 working days, depends on the officer 162 BGN - State fee for registration of EOOD 132 BGN - State fee of registration of SD and KD 460 BGN - State fee of registration of AD, KDA and EAD -30% - Discount of state fees if registration is performed electronically 52 BGN - Name Reservation Fee for legal services - according to offer Translation and Legalization Fees Depending on deadlines, language and number of pages
Registers VAT - monthly Income tax - monthly Customs on entry - Intrastat monthly
Audit obligation - Compulsory - AD, KDA, emittients on public markets, insurance companies, credit institutions, additional social contribution funds, other companies when required by legal acts
- Not-compulsory - companies which during current or previous year do not exceed two of the three indicators: a/ balance value of assets towards 31st of December 1.5 million BGN; b/ net sales income for the year 2.5 million BGN; c/ average number of employees for the year 50 people.
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