Details of all costs related to setting up a company in Bulgaria
100 € – “Cumulative Bank Account” checkup Fees for Initial Capital
Opening a cumulative bank account that will recdive an initial capital is a mandatory step to start with a company registration in Bulgaria.
The chosen Bulgarian bank will then check your documents, verify your identity and decide to let you open this account or not.
The typical cost of this verification service is 100 €. In case of refusal of your application, note that you won’t be able to get those 100 € refunded!
That’s why we’ve been working since 2017 with a specific bank partner that so far has a 99% chance of approval to open those Cumulative Bank Accounts for foreigners.
And if you can’t or don’t want to travel to Bulgaria for this necessary step, know that we can help you do it from abroad!
Just contact us, we’ll explain everything.
25 – 50 € – Notary Fees
Notary fees for certifying the signature of the company’s founder on the registration application and other documents can range from 50 to 100 BGN (25 to 50 EUR).
Note that to register your company in Bulgaria your application has to be written and signed in Bulgarian. The notary will also ask you to be accompanied by a certified translator in order to proceed.
Our expert accountant Ivailo can fulfill this role and everything is usually done in 15 minutes in his presence.
1 € – Minimum Initial Capital
The minimum share capital for a Limited Liability Company (LTD/OOD) is 2 BGN (approximately 1 EUR). This is the amount that will be deposited in the Cumulative Account talked about earlier.
28 to 56 € – Company Registration Fees
The fee for registering a company in the Bulgarian Commercial Register is approximately 55 BGN (28 EUR) for online registration and 110 BGN (56 EUR) for paper registration.
60 to 150 € – Certified translation services
As said above, the notary will expect you to be accompanied by a certified translator to sign the registration, unless you speak fluent Bulgarian.
Both the VAT Registration and the Social Security Registration should be done in Bulgarian as well.
This has to be done by a certified translator, which can add additional costs ranging from BGN 100 to BGN 300 (EUR 50 to EUR 150), depending on the length of the documents to translate in Bulgarian.
Once again, this translation is included at no extra cost in our full package for registration.
0 € – VAT Registration
VAT registration is free of charge. It’s quite the bureaucratic nightmare however for foreigners… and even for Bulgarians too most of the time.
10 € to 50 € – Company Bank Opening Fees
The cost of opening a regular professional bank account is typically around 100 BGN (50 EUR) but it’s possible to choose an online banking platform that can lower that price to 10 € or even less.
We’d be happy to advise you on the best professional banking solution for your situation.
0 € – Social Security Registration
Registration to the National Revenue Agency for social security purposes is free of charge.
Typical pricing of Bulgarian firms for an assisted company setup
If you hire a lawyer or an accounting firm like us to assist with a company formation in Bulgaria, fees can vary widely.
Our price: 300 €
We have decided to offer our registration service for a fair price of 600 BGN (300 EUR).
This investment includes not only the mandatory 6-step process for a full company registration but also comes with our expertise assistance and continued support to help you optimize your tax situation according to ever changing regulations of accounting services in Bulgaria.
Shouldn’t you just go for the lowest price available?
If you find another firm which seems to offer the same service for a lower price, it can be tempting to just cut expenses and go for it. However, consider the following questions:
We pride ourselves on transparency, expertise, and personalized service. We show ourselves, speak your language, and are here to support you every step of the way.
If you have any doubt or question just send us a message and we’ll be happy to reply to any question you may have!
Yes, you can…
…but you want to do so:
That’s why we’re here!
I’m Ivailo Petrov, expert accountant and tax-advisor.
My team and I have been helping hundreds of honest entrepreneurs just like you safely optimize their tax situations since 2014.
Contact us now for a free consultation and we’ll advise you on how to efficiently reduce your unecessary expenses, legally.
Keep more of what you earn!
Benefit from Bulgaria’s lowest corporate tax rate in Europe—only 10%, coupled with highly advantageous social security contributions capped to maximize your savings.
Save time, focus on growth
Bulgaria’s business administration is straightforward, with no hidden taxes or complex regulations, making it one of the simplest systems in Europe.
Enjoy the peace of mind of a fully legal setup
We ensure your business operates within the law, providing you peace of mind and protecting you from potential legal headaches.
Manage your business from anywhere
Whether you’re at home or on the move as a digital nomad, our complete remote service setup means you don’t have to set foot in Bulgaria unless you choose to.
We take care of everything…
For just a 300 € one-time registration fee and 250 € monthly accounting fee, our complete accounting package manages your VAT, social security, salary declarations, accounting invoices and quarterly dividend declarations.
…and even more!
Benefit from our proactive support, custom-tailored to your evolving business needs. Our experts not only respond to challenges but also anticipate them, ensuring your operations comply with the latest Bulgarian laws and regulations.
Juan Ignacio Badano
⭐⭐⭐⭐⭐
"Highly professional, attentive and responsive"
“I highly recommend Company-Registration.bg. They helped me set up my business smoothly and provided me with advice tailored to my special situation. The team is highly professional, attentive and responsive.”
Lachezar Nikolov
⭐⭐⭐⭐⭐
"Error-free service"
“Fantastic experience. They provide high-quality, error-free service at a very reasonable price. Super helpful and quick to respond!”
T.M.
⭐⭐⭐⭐⭐
"Exceptional accounting and financial audit services"
“They exceeded all my expectations with their exceptional accounting and financial audit services. Their expertise and attention to detail were evident from start to finish. The team’s professionalism and commitment to client satisfaction are unmatched. I highly recommend them for any accounting needs. Five stars!”
So what's next now?
Let’s get to know each other. It’s important for both of us to make sure we collaborate with trustworthy people to ensure a successful future.
To ensure your safety and our integrity, we deliberately avoid working with companies engaged in non-transparent activities.
If you are in Bulgaria, we will guide you in person along each step of the setup of your company.
If you stay abroad, we’ll handle everything for you remotely, making sure everything goes smoothly no matter where you are.
We will use the online tools and systems that you prefer. This helps us work together effectively, fitting into your usual way of doing things…
…and you’re good to go, your situation is now legally optimized, you can focus on growing your business!
To register your company in Bulgaria most of our competitors will charge you anywhere between 600 € to 2000 €. At Company-Registration.bg we offer a one-time fee of 300 € for a complete registration.
The minimum capital for setting up a company in Bulgaria is 2 BGN (approximately 1 EUR).
Yes, you will need to pay social security for your Bulgarian company. Monthly social security contributions are required and are based on the employee’s gross salary, with a cap on the maximum insurance income.
To calculate VAT in Bulgaria, apply the standard VAT rate of 20% to the taxable amount of your goods or services. For example, if your taxable amount is 1000 BGN (500 EUR), the VAT would be 200 BGN (100 EUR), making the total 1200 BGN (600 EUR).
Make the smart move!
Take the first step to reduce your tax burden and streamline your business setup.
Contact us now for a free consultation and learn how we can help maximize your earnings with legal tax optimization.
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| Monday | 9 AM–7 PM |
| Tuesday | 9 AM–7 PM |
| Wednesday | 9 AM–7 PM |
| Thursday | 9 AM–7 PM |
| Friday | 9 AM–7 PM |
| Saturday | 11 AM–2 PM |
| Sunday | Closed |
