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Company Changes

LEGAL SERIVCES

We can assist in providing full-range legal services, related to all aspects of your business and will assist you in the fields that are essential for the business both on the local and international market.

Our services also include:

  • Trade deals and contracts
  • Contractual law
  • Corporate law
  • Mergers and acquisitions
  • Bankruptcy law
  • Due diligence reports
  • Real estate law
  • Administrative law
  • Intellectual law
  • Legal representation

• Registration of commercial companies in compliance with the Company Law;
• Change in legal circumstances of registered companies;
• Trade representation;
• Reorganisation of commercial companies;
• Drawing up and submitting of Annual Financial Statements to the Commercial Companies Register.
• Establishment of Subsidiaries and/or Branches in Bulgaria

The registration of an EOOD

The registration of an EOOD (Sole Member Limited Liability Company) or OOD (Limited Liability Company), in line with Bulgarian legislation system, is carried out in the following way:

During the first stage, you should send us the following:

1. A copy (from all sides) of a valid ID document. In case of an OOD – a copy of the ID document for each associate;
2. The name you have chosen for your company, so that we can verify its availability in the Commercial Register;
3. The amount of the initial company capital;
4. In the case of an OOD – the percentage of each associate’s share as well as the type of management. All associates can be managers – together and separately, or only together (in this case their signatures would be effective only if all associates have signed the document). There is also the possibility to have one manager only, who is going to represent all associates;
5. Subject of the activity (the main activity carried out by your company);

Successful business requires good knowledge of the foreign country culture. You have to be prepared to encounter different attitudes and beliefs that influence the business decisions. This section is intended to provide the basic ‘ground rules’ for doing business in Bulgaria.

Once you have a registered company in Bulgaria you will need to better understand the taxes you have to pay. Our Bulgarian lawyers will take you through the most important aspects of the Bulgarian Tax Code in order for you to understand how to maximize your incomes by minimizing the taxes you must pay. Bulgaria provides many tax incentives you will want to know about.

Depending on its size, a company may be legally required to have their financial statements audited by a qualified auditor, and audits are usually carried out by accounting firms.