How to Remove Hurdles in the Way to Company Formation in Bulgaria

Author: Richard Reuben

You can take help of lawyers to register your company in Bulgaria. It normally takes a few days to get registered. The least initial capital required to create a company in Bulgaria is 1 euro and you need to pay around 300 euros to lawyer to get the registration done.

In order to register a company in Bulgaria for any purpose, you must seek for expert help to get the task done quickly and efficiently. You can consult with the reputed registration agency about the procedure and other details. The agencies keep partners from accountancy companies to offer you a complete advice and expert service.

If you do not belong to Bulgaria and have not followed Bulgarian laws to buy a property as an individual, you can purchase the property in this country by establishing your limited firm There are specific registering laws and rules to follow to own a land as an individual in Bulgaria.

Usually the properties that offer land are homes with parts, plots, apartment etc that come with a part of land. The company creation is also required to buy an agricultural land, forests and other land sections. Creating a company in this country is an easy process that has been followed by several abroad individuals so you can also take its benefit.

By registering a company, you will attain a property and a company and its assets. Here you don’t need to have a partner in Bulgaria for company formation in Bulgaria or manager, anyone can register and taken complete shares of the company. It will be established as a regular limited firm that is able for trade and you can start any type of business.

Following the European law, legal and existing people can buy a land in Bulgaria. Since Bulgaria has joined Europe in 2007, the country is liable to keep the exclusion for EU physical and legal people to own a land in the country for about five years and a forest or agricultural land for seven years. The five year law is ended and now European citizens can own lands and homes with gardens in Bulgaria without any limitation.

For non-European people, laws are same however they still require to register companies to own a land in the country. As already said, the process of forming a company in Bulgaria is pretty easy for those who are aware of the procedures. The application can be submitted online although the application platform is in Bulgarian language only and the person who is applying must possess a digital signature certificate.

Moreover the applicant must keep the proper set of documents verified and signed, have a bank account in Bulgaria with the verified money deposited and eventually to pay the legal charges. For the entire procedure, it is preferred to take help of advisors who provide the entire essential support to accomplish the process. They support you in each procedure and do the full process themselves, so you can simply own a land in Bulgaria with a company on your name once the process is done.