Shelf Companies in Bulgaria
With Taurus Legal Group, establishing a business in Bulgaria is fast and straightforward. Our shelf companies allow you to bypass registration complexities and launch immediately. Each company is pre-registered, audited, and fully compliant, ensuring you can operate without hidden liabilities. We offer ongoing support, helping you with everything from name changes to tax registration, so you can focus on growing your business in the Bulgarian market.
Start your entrepreneurial journey today with Taurus Legal Group, where your business’s success is our top priority!
Taurus Legal Group
Advantages of Registering a Business in Bulgaria:
Bulgaria is not an offshore zone.
Bulgaria is not an offshore zone and has never been blacklisted.
Geographical location.
The geographical location provides access to the European Union market, Turkey and seaports.
One of the most loyal income tax rates.
Bulgaria offers one of the most loyal income tax rates for companies in Europe.
A tax residency certificate.
A Bulgarian company can obtain a tax residency certificate, which can bring additional tax benefits.
VAT.
VAT does not apply to international shipments and exports of goods, which reduces the tax burden.
Bank account.
It is possible to open a bank account in the country of registration of the company.
A non-resident has the right to work.
A non-resident has the right to work in an established company without the need to obtain additional permits.
Obtaining a residence permit.
The possibility of obtaining a residence permit in Bulgaria with the possibility of subsequent extension.
Minimum investment requirements.
Minimum investment requirements for company registration.
Remotely registration of a company.
Registration of a company in Bulgaria is possible remotely, without the need for a personal visit to the country.
We will be happy to discuss your requirements and find
the best options for you
Call or order a consultation and we will contact you
Taurus Legal Group
Taxes in Bulgaria
10%
Corporate tax
20% (reduced rates: 9%/0%)
VAT
10%
Capital gains tax
10%
Property tax
5%
Dividends
10%
Percents
1
The territorial principle of taxation
In the jurisdiction of Bulgaria, the territorial principle of taxation is applied, which means that taxes are levied only on income received in the territory of the country.
2
Low taxes
Bulgaria is known for its low taxes compared to other European Union countries. Non-residents who earn income outside of Bulgaria are not subject to taxation in the country.
3
Corporate tax
Tax residents in Bulgaria, regardless of the place of receipt of income, are required to pay corporate tax.
4
Does not charge stamp duty
Bulgaria also does not charge stamp duty, which is a tax on the registration of legal documents and transactions.
5
Attractive tax environment
Bulgaria offers an attractive tax environment with low rates and application of the territorial principle of taxation, which makes it an attractive choice for international entrepreneurs and investors.
Company Forms
Bulgarian corporate law provides the opportunity to register a company in various forms, including private enterprise, a collective or limited company, a branch, a joint-stock company and a limited liability company (LLC). For non-residents who wish to conduct international business without restrictions, the most appropriate legal form is LLC.
LEGAL REQUIREMENTS
- The authorized capital – a minimum amount of only 2 leva, must be paid before registering the company.
- Director – can only be an individual, at least one director is required.
- Residence is not taken into account when choosing a director.
- Shareholder – the position may be combined with the position of director if the shareholder is an individual.
- A company can also be a shareholder. Secretary – optional as required by law.
- Register of beneficiaries – is public and available free of charge.
- Available information includes the name of the company, its legal address, director, shareholder, secretary and the size of the authorized capital.
- There are no substance requirements.
- Legal address – must be in Bulgaria.
Reporting
Bulgarian companies are required to prepare and submit annual financial statements, regardless of their type of activity.
In addition, companies with an annual turnover of more than BGN 2,500,000 or that own real estate worth more than BGN 1,500,000 or have more than 50 employees are required to undergo an audit.
If the company’s annual turnover exceeds BGN 50,000, it is also required to register as a VAT payer, obtain an identification number and submit monthly reports to the tax office on trade transactions.
The deadline for filing VAT returns is monthly by the 14th, and the deadline for paying VAT is monthly by the 25th.
Required documents
The following documents are required to start the company registration procedure in Bulgaria:
- 3 preferred company names,
- description of the activities of the future company,
- national and foreign passports of the shareholder and director of the company,
- confirmation of the address of registration of the shareholder / director (for example, a receipt for payment of utility bills).
Taurus Legal Group
Additional services
/
1
Services of a hired (nominee) director 600 EUR
/
2
Hired (nominee) shareholder services 250 EUR
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3
Fiduciary service (individual)
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4