How to Register a Company in Bulgaria Remotely

Founder signing a Power of Attorney during a video call with a remote notary to register a Bulgarian company.
Picture of Ivailo Petrov | Expert Accountant

Ivailo Petrov | Expert Accountant

Ivailo Petrov, Bulgarian expert accountant and legal tax-advisor, specialized in helping foreign entrepreneurs since 2017.

To register a Bulgarian company remotely in 2025, you authorise a local agent with a notarised (and where required, apostilled) Power of Attorney, choose the right company type (EOOD, OOD, EAD, AD), secure a compliant registered address, open a temporary capital account, deposit the share capital, e-file with the Commercial Register, convert the account to an operating IBAN, and complete tax/VAT onboarding—all without travelling.

Remote Company Registration in Bulgaria: What It Involves

Remote incorporation is simply the “no-travel” version of the standard process. You give an authorised representative the legal right to open the capital account, sign forms, and file documents on your behalf. If you want a concise overview of how remote fits into the bigger picture, start with our remote company formation guide. For eligibility (ownership, directors, and residence), see how a foreigner can open a company in Bulgaria.

Which Company Type Fits a Remote Founder?
Type Owners Min. Capital (EUR) Governance Speed Best For Later Transformation
EOOD (single-member Ltd.) 1 ~1 Director-managed Fastest Solo founders, consultants, SaaS → OOD or JSC later
OOD (multi-member Ltd.) 2+ ~1 (total) General meeting + director Fast Agencies, co-founders → JSC later
EAD (single-member JSC) 1 25,000 Board or sole director Moderate Investor-ready scale-ups Yes
AD (JSC) 2+ 25,000 One- or two-tier board Moderate Funding rounds, larger teams Yes

Step-by-Step: How to Register a Bulgarian Company Remotely

Here is the practical sequence our remote clients follow. Official filings and status checks are made at the Bulgarian Commercial Register & Registry Agency, while the online route is outlined on the Bulgarian e-Government portal.

Remote Incorporation Timeline You Can Plan Around
Phase Your Action (Remote) Our Role Output Typical Time
1) Decide the structure Pick EOOD/OOD/EAD/AD Advise on fit & future scaling Entity plan Same day
2) Name availability Share 2–3 name variants Run registry name checks Distinct name Same day
3) Registered address Choose address option Prepare contract/consent Address proof Same day
4) Power of Attorney Notarise & (if needed) apostille + translate Provide PoA template & instructions Agent authority 1–5 days*
5) Capital deposit Fund share capital Open temp account; obtain certificate Bank capital letter Same day
6) Filing Courier originals where required E-file complete pack Case number Same day
7) Decision — Respond to any registry queries Company registered 1–3 business days
8) Bank conversion — Convert to operating account Operating IBAN Same day

*Time varies with your country’s notary/apostille process and courier speed.

The Document Pack You’ll Need

Flat-lay of a complete remote incorporation document pack with apostilled Power of Attorney.

Use consistent spellings and numbers across all documents. If you want a full checklist with formats, see the documents required for company registration in Bulgaria.

Remote Incorporation Documents—Checklist
Document Who Signs/Issues What It Proves Remote Notes
Articles/Founding Act Owner(s) Ownership, capital, scope Final version in Bulgarian
Director appointment & specimen Owner(s)/Director Management authority Specimen may be notarised
Registered address contract/consent Provider/Landlord Local contactability Full address and dates aligned
Capital deposit certificate Bank Capital paid in Matches Articles exactly
Power of Attorney (PoA) Owner(s) Agent can bank & file Notarise; apostille/translate if required

If you’re new to PoA mechanics, this page explains exactly how to prepare and legalise it: Bulgarian Power of Attorney for remote setup.

Registered Address Options for Remote Founders

Every company must have a reliable, compliant registered address. Banks and the tax office use it for notices and KYC. Here are the typical options:

Registered Address Options—Pros, Cons, and Typical Cost
Option Pros Cons Best For Typical Cost (EUR)
Virtual office Fast, low cost, mail forwarding No meeting room by default Remote-first founders 120–240/year
Provider’s legal address Turnkey, bank-friendly Usage rules vary by provider Hands-off setup 120–200/year
Your own lease Brand presence, team space Higher fixed cost Local hiring & clients Market-dependent

Banking, Capital Deposit, and Account Conversion

The capital step is straightforward but exact. For EOOD/OOD, the legal minimum can start from about 1 EUR; for EAD/AD, plan 25,000 EUR. You fund a temporary capital account, obtain a certificate, then convert the account after registration. Bulgaria’s banking oversight and regulatory context are published by the Bulgarian National Bank.

Banking & Capital—At a Glance
Step What You Bring Bank Output Time Pro Tip
Open temp capital account Passport(s), draft Articles, address proof IBAN details Same day Pre-book KYC; share docs early
Deposit share capital ~1 EUR (Ltd.) / 25,000 EUR (JSC) Capital deposit certificate Same day Match Articles figure exactly
Convert to operating account Registry confirmation Operating IBAN Same day Book the conversion for decision day

Taxes, VAT, and Ongoing Compliance

Once registered and your bank converts the account, you can invoice. VAT is activity-dependent; cross-border sellers should check EU frameworks kept by the European Commission. National registrations and filings are handled by the National Revenue Agency. If you want one partner for bookkeeping, VAT, and payroll from month one, meet our accounting services in Bulgaria.

After Registration—Who Does What and When
Action When Typical Time Notes
Start invoicing After registry decision & bank conversion Same day Use your operating IBAN
VAT registration (if needed) When thresholds/activity trigger Few days Cross-border rules vary by activity
Payroll setup (if employing) Any time after registration 1–3 days Contracts + employer accounts
Monthly accounting Immediately after go-live Ongoing From ~120 EUR/month

Remote vs In-Person: Which Route Is Better for You?

Both are fast. Remote saves travel but adds notarisation, apostille, and courier time. If you want a broader context for the no-travel route, compare with our high-level six-step Bulgaria registration overview.

Remote vs In-Person—Time & Trade-Offs
Aspect Remote Setup In-Person Setup
Travel No flights/hotels On-site appointments
Notary & apostille Yes (adds a couple of days) Usually not required
Bank KYC Agent-assisted; some checks remote Branch meeting
Calendar speed 3–7 business days (typical EOOD/OOD) 3–6 business days

Realistic Costs for a Remote Setup

The exact budget depends on your structure and country of signing. Here’s a lean, founder-friendly snapshot. For a broader view of setup expenses, see how much it costs to set up your company.

Typical Remote Formation Costs (EUR)
Item Typical Cost When You Pay Why It Matters
Legal drafting & e-filing 450 Day 1 Clean pack = faster approval
Registered address (annual) 120 Day 1 Registry & bank KYC
State/registry fees 60 On filing Official processing
Translations & apostille 270 Before filing Acceptable foreign documents
Courier of originals 40 Before filing Timely receipt, no resubmits
Accounting (monthly) from 120 After go-live Stay compliant, avoid penalties

Ownership, Residency & Work Options for Non-Residents

You don’t need a Bulgarian partner; foreign owners can hold 100% of shares. Directors may be non-resident. Company ownership alone doesn’t grant residency; many founders operate cross-border or combine company ownership with suitable immigration status where relevant. Your hiring plans, clients’ locations, and personal travel pattern should drive whether you run payroll locally or pay yourself from abroad.

Branches & Representative Offices vs New Company

If you already run a parent company, a Branch can trade in Bulgaria under the parent. A Trade Representative Office (TRO) cannot trade; it supports research and marketing. Most remote founders prefer a fresh EOOD/OOD for clean banking, brand control, and simpler local accounting.

Avoid These Pitfalls in Remote Registration

These are the fastest ways to lose time—and the simplest fixes.

Common Remote Pitfalls—and the Fix
Pitfall Why It Delays Fix
Name too close to an existing company Registry query or rejection Pre-check; keep 2–3 backups with correct suffix
Articles vs bank certificate mismatch Numbers don’t align Mirror capital precisely everywhere
Weak address evidence Bank/registry doubts contactability Use a proper contract/consent with full details
Missing apostille or sworn translations Remote pack not acceptable Notarise & apostille together; translate where required
Bank conversion not pre-booked Delays first invoice & payments Schedule conversion for decision day

A Faster Path If You’re Still Deciding

Still comparing where to incorporate? Here are the top reasons Bulgaria is a smart base. When you’re ready, we provide fast, secure and tax-optimized company registration in Bulgaria from name check to VAT.

Talk to a Specialist—Free 30-Minute Remote Plan

Tell us what you sell (services, products, SaaS) and where your clients live. We’ll map an exact remote plan—documents, calendar, bank, VAT, and accounting—for 2025. Book your free 30-minute consultation and start from a clean, compliant template.


Frequently Asked Questions

Do I need to travel to Bulgaria to open the bank account?

No, you do not need to travel to Bulgaria to open the bank account, because an authorised agent can open the temporary capital account and arrange conversion to an operating IBAN after registration.

Can I sign everything digitally for a remote setup?

No, you cannot sign everything digitally for a remote setup, because a Power of Attorney and certain declarations typically require wet-ink signatures, notarisation, and sometimes an apostille with sworn translation.

Will I be able to invoice clients immediately after registration?

Yes, you will be able to invoice clients immediately after registration, once the Commercial Register decision is issued and your bank converts the account to an operating IBAN.

Do I need VAT from day one if I sell to EU customers?

No, you do not need VAT from day one if you sell to EU customers, because VAT registration depends on your activity and thresholds; you can add VAT soon after go-live when your situation requires it.

Is an EOOD enough if I plan to add co-founders later?

Yes, an EOOD is enough if you plan to add co-founders later, because you can transform the company structure or add shareholders when your team grows and your capital needs change.

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