Bulgaria is one of the most popular jurisdictions for registering a company because it is very friendly to start doing business abroad. With a territory of 110,994 square kilometres (42,855 sq mi), Bulgaria is Europe’s 16th-largest country.
Bulgaria is a member of the European Union, NATO, and the Council of Europe; it is a founding state of the Organization for Security and Co-operation in Europe (OSCE) and has taken a seat on the UN Security Council three times. Its market economy is a part of the European Single Market and mostly relies on services, followed by industry—especially machine building and mining—and agriculture.
| Type of company | Limited Liability Company ODD/EOOD |
| Relevant Companies Law | Republic of Bulgaria, Commercial Law, Chapter 13 |
| Register address | Bulgarian law requires companies to provide a local address |
| Language of the corporate documents | Bulgarian and translation documents into English with notary certification and apostil |
| Currency | BGN (pegged to the EUR) |
| Corporate tax rate | 10% for individuals and corporations |
| Obligation to appoint company secretary | Not required |
| Obligation to appoint company director | Required |
| Obligation to appoint local company director | Not required |
| Minimum number of directors | 1 |
| Obligation to register shareholders | Required |
| Minimum number of shareholders | 1 |
| Obligation to prepare financial reports | Required |
| Obligation to submit financial reports | Required |
| Obligation to hold annual assembly | Required |