To register an EOOD (single-member limited company) in Bulgaria in 2025, you choose a unique name, prepare an incorporation pack (Founding Act, director appointment, registered address), deposit a symbolic share capital (about 1 EUR), file electronically at the Commercial Register, and convert your bank capital account to an operating account—everything can be done remotely through a notarised Power of Attorney.
EOOD in Bulgaria: What It Is and Why Foreigners Choose It
EOOD is a single-owner limited company. You control 100% of the shares and act as the managing director, or you can appoint someone else. It’s simple, low-cost, and highly credible in the EU. If you want the broader mechanics beyond EOOD, see the company incorporation steps in Bulgaria—we’ll reference the key points, but this article focuses on the solo founder route.
| Feature | EOOD (single-member Ltd.) | OOD (multi-member Ltd.) | EAD (single-member JSC) | AD (JSC) |
|---|---|---|---|---|
| Owners | 1 | 2+ | 1 | 2+ |
| Minimum capital | ~1 EUR | ~1 EUR (total) | 25,000 EUR | 25,000 EUR |
| Governance | Director-managed | General meeting + director | Board or sole director | One- or two-tier boards |
| Setup speed | Fastest | Fast | Moderate | Moderate |
| Best for | Solo founders, consultants, SaaS | Co-founders/Agencies | Scale-ups needing investors | Fundraising and larger teams |
| Can transform later? | Yes → OOD or JSC | Yes → JSC | Yes (governance evolves) | Yes |
Step-by-Step: How to Register an EOOD in Bulgaria
The actual steps are short when you sequence them well. If you’re a planner, bookmark the realistic view of how long registration takes in Bulgaria. Here’s the EOOD-specific path:
| Phase | Your Action | What We Prepare | Output | Typical Duration |
|---|---|---|---|---|
| Name & structure | Pick name + backups; confirm EOOD | Name check; Articles (Founding Act) | Draft pack ready | Same day–1 day |
| Registered address | Select address option or lease | Address contract/consent | Address proof | Same day |
| Capital deposit | Fund ~1 EUR | Open capital account | Bank certificate | Same day |
| Filing | Sign; send PoA if remote | Electronic submission | Receipt & case number | Same day |
| Registry decision | — | Follow-up if queried | Company registered | 1–3 business days |
| Bank conversion | — | Convert account | Operating IBAN | Same day |
Official filings and lookups happen via the Bulgarian Commercial Register & Registry Agency, and the electronic pathway is described at the Bulgarian e-Government portal.
Documents You Need for an EOOD (and How to Avoid Delays)
Get the spellings right and align every figure across documents. One mismatch can add days. For a deeper document checklist and templates across structures, see the note on minimum share capital in Bulgaria—it explains the capital proof that accompanies your filing.
| Document | Who Signs/Issues | What It Proves | Notes for Foreigners |
|---|---|---|---|
| Founding Act (Articles) | Sole owner | Ownership, capital, scope | English draft + Bulgarian version |
| Director appointment & specimen | Owner/Director | Management authority | Specimen may be notarised |
| Registered address contract/consent | Provider/Landlord | Local contactability | Include full address; dates aligned |
| Capital deposit certificate | Bank | Capital paid | Matches Articles figure |
| Power of Attorney (remote) | Owner | Agent can bank & file | Notarised; apostille if required |
Registered Address Options for EOOD
You must list a Bulgarian registered address. This can be a virtual office, provider’s legal address, or your leased office. Banks and the tax authority send notices there, so make sure mail handling is reliable.
| Option | Pros | Cons | Best For | Typical Cost (EUR) |
|---|---|---|---|---|
| Virtual office | Fast, low cost, mail forwarding | No meeting space by default | Remote-first EOOD | 120–240/year |
| Provider’s legal address | Turnkey, bundled compliance | Usage rules vary | Hands-off founders | 120–200/year |
| Your own lease | Brand presence, team space | Commitment & higher fixed cost | Local hiring or client visits | Market-dependent |
Bank Account, Capital Deposit, and Go-Live
Before filing, deposit your share capital (~1 EUR) in a temporary “capital” account. The bank issues a certificate. After registration, the bank converts the account to an operating IBAN. Banking oversight and prudential rules are published by the Bulgarian National Bank.
| Step | What You Bring | Bank Output | Time | Tip |
|---|---|---|---|---|
| Open capital account | Passport, draft Articles, address proof | IBAN details | Same day | Pre-book the slot |
| Deposit capital | ~1 EUR (EOOD) | Deposit certificate | Same day | Match capital in Articles |
| Convert account | Registry confirmation | Operating account | Same day | Plan payments immediately |
Remote EOOD Setup for Non-Residents
Most solo founders form their EOOD without traveling. You sign a Power of Attorney, notarise (and apostille if applicable), courier originals, and your agent opens the capital account and submits filings. The online path is detailed on theBulgarian e-Government portal, and filings are recorded in the Commercial Register. If you want the whole process in six digestible steps, this summary of how to register your company in Bulgaria in 6 steps is a quick read.
Costs for EOOD: Realistic Setup & Ongoing Spend
EOOD is budget-friendly. Most costs are for drafting, address, translations, and courier (if remote). For a wider cost model across structures, review how much it costs to set up your company in Bulgaria. Ongoing accounting starts from lean packages and scales with volume.
| Item | Typical Cost | Notes | How to Save |
|---|---|---|---|
| Legal drafting & filing | 450 | Articles, appointments, electronic filing | Use pre-tested templates |
| Registered address (annual) | 120 | Virtual office or provider address | Bundle with formation |
| State/registry fees | 60 | Official charges | File in one clean pack |
| Translations & apostille (remote) | 270 | Sworn translations + notarisation/apostille | Notarise & apostille together |
| Courier of originals (remote) | 40 | Tracked shipping | One consolidated shipment |
| Accounting (monthly) | from 120 | Bookkeeping, returns, filings | Start lean; scale later |
Bulgarian tax administration and VAT registration sit with the National Revenue Agency, while EU VAT rules for cross-border sales are set by the European Commission. If you want a single point of contact for bookkeeping, payroll, and VAT, meet our accounting services in Bulgaria.
Residency, Visas, and Self-Employment: What EOOD Changes (and Doesn’t)
Owning an EOOD doesn’t grant residency by itself, but it can support lawful stays when paired with employment contracts, highly-qualified roles, or other immigration routes. Many founders pay themselves via an employment contract with their own EOOD and run payroll locally. If you’re still weighing Bulgaria against other EU options, here are the reasons Bulgaria is a strong base for company formation (tax, logistics, and EU access).
Branches and Representative Offices vs EOOD
If you already have a foreign entity, you could register a Branch (can trade) or a Trade Representative Office (cannot trade). Most solo founders still choose EOOD for clean ownership and simple tax administration.
| Aspect | EOOD | Branch | Trade Representative Office |
|---|---|---|---|
| Can trade? | Yes | Yes (under parent) | No |
| Share capital | ~1 EUR | Not local | Not required |
| Brand independence | High | Tied to parent | N/A (non-trading) |
| Compliance simplicity | Simple | Coordinates with parent | Light (non-trading) |
Common EOOD Pitfalls (and How to Avoid Them)
The fastest way to delay your registration is to submit inconsistent details across documents. Use this short table to bulletproof your pack before filing. And when you’re ready for a done-for-you partner, we handle fast, secure and tax-optimized company registration in Bulgaria from name check to go-live.
| Mistake | Why It Delays You | Fix |
|---|---|---|
| Name too similar to an existing company | Registry queries or rejection | Pre-screen and keep two backups |
| Articles vs bank certificate mismatch | Numbers don’t align | Match capital amount exactly |
| Weak address evidence | Doubts about contactability | Use proper contract/consent |
| Missing apostille on foreign PoA | Remote pack not acceptable | Notarise & apostille together |
| Inconsistent spellings | Bank KYC flags | Copy passport spellings everywhere |
What Happens After Registration?
Once the registry approves your EOOD and the bank converts your account, you can invoice the same day. If you will trade cross-border, check whether VAT applies now or later (thresholds/activities matter). For corporate taxes and fiscal policy updates, follow the Ministry of Finance of Bulgaria.
Talk to a Specialist—Free 30-Minute Consultation
Want a fast, clean EOOD registration with realistic dates and a predictable budget? Book your free 30-minute consultation. We’ll map your plan, prepare a signing pack, and file on a timeline that fits your launch in 2025.
Frequently Asked Questions
Can I register an EOOD as a non-resident?
Yes, you can register an EOOD as a non-resident, because Bulgarian law allows 100% foreign ownership and lets you appoint yourself as director.
Do I need to travel to Bulgaria to form an EOOD?
No, you do not need to travel to Bulgaria to form an EOOD, because a notarised and, if required, apostilled Power of Attorney lets an agent handle banking and filings.
Is the minimum capital for an EOOD really about 1 EUR?
Yes, the minimum capital for an EOOD is really about 1 EUR, which you deposit before filing and can use for business after registration.
Do I need a Bulgarian partner to open an EOOD?
No, you do not need a Bulgarian partner to open an EOOD, because a single foreign owner can hold 100% of the shares.
Can I start invoicing immediately after registration?
Yes, you can start invoicing immediately after registration, once your capital account converts to an operating account and you have your company details.
