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Company Registration in Bulgaria- Cheapest and Legalized Procedure
Posted: Feb 11, 2016
A variety of options can be chosen while establishing your business in Bulgaria such as limited or public limited firm. Choose a company that offers years of experience in the company formation to conduct an easy. They help you in establishing your business entity in Bulgaria easily. You don’t need to have a residence permission neither needs to be present physically The companies established in Bulgaria need to follow the instructions of Commercial register and submit the account and annual returns. A Bulgaria based company establishment firm that incorporates businesses in the Republic of Bulgaria. Additionally, they offer a broad range of support services including online company registration and document filing. You can receive expert suggestions in meeting the Bulgarian legal and business regulations that help you begin and develop your business in country. You can choose from the diverse service packages for the registering your company that fits best your requirements- startup, standard and complete packages.
Tax rate in Bulgaria
The tax rate in Bulgaria is 10 percent which is minimum among the whole countries in the European Union. The wages are lowest -194 euro monthly. Bulgaria is popular for becoming the cheapest nation in the whole European union for food, clothes and home. The cost for company registration is 180 euros when the shareholders and manager of the new firm are present in the country. For remote registration the cost applied is 280 euros that includes the cost for creating an escrow account capital bank account with the lowest essential equity capital of one euro.
Consulting a company for company registration Bulgaria you receive the legal address for your firm at the real address of the company which is useful in the future for receiving the letters and getting phone connections. You can receive the legal address within 90 euros for your company. A limited company registration package includes-
a. Cost of whole legal fees and taxes for company incorporation
b. Cost for preparation of the essential documents in double languages
c. Submission of files and documents to the Bulgarian commercial register
d. Creating start-up capital bank account with the nominal required equity capital of 1 euro.
e. Office registration for one year in the country at 90 euros per year or one time payment for the lifetime registration of the company is 90 euros.
Once the company is registered, you receive the various services including-
a. Opening a current account in bank and get internet banking accessibility
b. Preparing a stamp cost at 10 – 30 euros
c. Certificate for legal establishment of company
d. VAT registration
e. Getting an insurance number of an overseas person
Thereafter you can get accounting and payroll Bulgaria services from the reputed accounting services. There are provisions of operation, newly created limited firms, ltd partnerships, joint stock agencies such as tax registration, statistical office registration and operative bank accounts in euros, dollar, pounds and BGN. In this way, the entire procedures in your company establishment can be accomplished and you can run your firm successively and focus on its development.
Olsen and Partners is a reputed company that offers payroll services, accounting services, tax services, business finance and advisory services, etc. They even help with company formation in Bulgaria. They strive to offer personalized services.