Bulgarian Company Formation & Corporate Services

Company administration in Bulgaria

INCORPORATION OF BULGARIAN LIMITED LIABILITY COMPANY (VARIABLE CAPITAL). YOUR FIRST STEP TO OPTIMIZE YOUR TAXES AND TO PROTECT YOUR CAPITAL.

The government makes the decision. If I made the decision, most of my tax money would go elsewhere.

Jeffrey G. Duarte

Why a Bulgarian Variable Capital Company (VCC) is ideal for your business

A Variable Capital Company (VCC) in Bulgaria gives you a flexible and modern EU business structure. Bulgaria is part of the European Union, which ensures a stable legal system and a secure financial environment. Operating from an EU jurisdiction also adds credibility and trust to your business.

The VCC model allows easy adjustments of company capital with minimal procedures. This makes it more adaptable than the old LTD structure. Bulgaria also offers the lowest corporate tax rates in the EU, which significantly reduces operational costs.

Accounting and compliance requirements are simple and efficient. Banking services are reliable and accessible. All these advantages make the Bulgarian VCC an excellent choice for international trade, online business, consulting, and digital services. A Bulgarian Variable Capital Company provides flexibility, low taxes, and strong EU credibility – making it one of the most competitive business vehicles in Europe.

Your new Bulgarian company

We incorporate fast and efficient

We will incorporate your new VCC/LTD according to your requirements and strictly as per Bulgarian laws and the applying EU standards. The formation service includes all necessary additional formalities so that the company is ready to start trading.

Ideal for international business (including Amazon seller accounts)

A Bulgarian Variable Capital Company is ideal for international business. It offers low taxes, EU credibility, and a flexible structure. This makes it easy to operate across borders and scale globally. It also meets the requirements for platforms like Amazon, making it suitable for Amazon seller accounts. Simple accounting and efficient compliance make it a strong choice for worldwide e-commerce and online trade.

Choice of business name

You can choose any name for your business if it is available. We will check the name availability immediately as we do have access to the electronic state company register data.

We provide full support for starting or relocating your business to Bulgaria. This includes accounting, legal advice, GDPR compliance, registered office address, and bank introductions. This structure is especially suitable for entrepreneurs and Amazon sellers who need a reliable EU setup for their seller account. We ensure full legal compliance at every stage and full administrative and legal support. Our goal is a smooth, secure, and fully compliant business setup from day one.

Other forms of legal entities in Bulgaria

Besides Variable Capital Company / Limited Liability Company, there are also other types of entities that can be incorporated in Bulgaria. While the VCC/LTD is definitely the most frequently utilised company structure, the other legal forms can prove to be even more beneficial in certain cases. Please don’t hesitate to contact us if you require more information on the available registration options.


Residency rights and path to EU Citizenship through establishing of a business in Bulgaria

Provided certain conditions are met, your Bulgarian company can be utilized in order to enable a foreign citizen to obtain work permit and long term Bulgarian residency. There is even a possible path towards Bulgarian citizenship after the legal period of residing in the country has been met.

In the last few years, the Bulgarian Golden Visa program is becoming extremely popular. More and more applications are being submitted from citizens of non-EU countries, willing to obtain EU permanent residence permit. Most of all they cherish the full access to the EU that Bulgarian permanent residence permit provides. The clear path to Bulgarian citizenship provides them the opportunity to get an EU passports after five year of residence only.

We can facilitate the financial side of the process and provide tax advice and cost optimisation options. You can find extremely important and up to date information about the latest legal options for obtaining Bulgarian citizenship.

Euroformat.eu - Bulgarian citizenship
Our lawyer Hristo Vasilev about the Bulgarian Citizenship by Investment program @ Bloomberg TV (click to watch the video in new window)

Bulgarian taxation and accountancy services

Probably the main advantage of the Bulgarian companies, compared to other EU entities, is the rock bottom corporate tax rate in Bulgaria, which is 10% – the lowest in EU. Ongoing administration is also relatively easy, straightforward and affordable.

For more information we recommend you to visit the taxes and accountancy sections of our website.

Opening of bank accounts in Bulgaria

Company formation always requires bank account set-up. Whether a mere deposit bank account to safely stack some cash reserves or active trading merchant account, we will try our best to meet our clients needs. We will offer bank introduction to virtually all Bulgarian banks with the possibility of opening online bank accounts, obtaining debit and credit cards, etc. We have arranged with the majority of the banks who operate in Bulgaria, the possibility to open bank accounts on behalf of our customers by means of providing legalised Power of Attorney (POA). Please can read more about opening of bank accounts in Bulgaria.

Bulgarian NGO – Foundations and Clubs

Registration of a non-governmental organisation (NGO) – club or foundation, may be extremely interesting option to many foreigners. This is the case when the ultimate beneficial ownership of the NGO needs capital protection and high degree of privacy. The functioning of foundations (clubs are rarely used for the purpose) in Bulgaria is governed by a thorough and far-reaching statutory act that is in line with the relevant Bulgarian Law on the non-governmental (AKA non-profit) entities.

We can provide professionals to act as governors under trust, taking full responsibility, providing that all legal conditions and AML regulations are being observed. The founder(s) of the foundation can be in general any person or entity. The beneficiaries can be either explicitly named person, people who meet certain criteria or have been chosen by the board. In all cases the structure can be fine-tuned to meet your needs, requirements and ultimate objectives. The foundations, under the current Bulgarian legislation, can be in public or private interest (very important). Please read more about the advantages of Bulgarian foundation or contact us for professional advice and in depth discussion on the different options.

Ready made Shelf Companies

Some of our ready made companies have never traded before while others have a long trading history under the belt. The choice is yours – you may need a brand new company registered recently or an active and established entity with some trading history, references and established business. Whatever your choice is, you can start using your purchased Bulgarian company within a day or two from the signing of the share transfer agreement. To protect our customer’s interests and to comply with the legal regulations, we will arrange the notary legalization of all share transfers.

Nominee Shareholders & Directors

Provided a number of legal conditions are being met, we may be able to provide nominee director and shareholder services to eligible customers. These services are based on well drafted and legally binding trust agreements and special director service agreements to protect the interests of all parties concerned.

After performing the required due diligence formalities and becoming familiar with your business structure, we will provide you with a relevant offer. We also need to assess our work loads and responsibilities for the nominee services as well as the scope of our involvement. For extra security, joint signing rights may be ascertained to different directors. Pre-approval of actions instruction mechanism can be introduced in the trust agreement for added protection. In general, we employ the best global practices of the trust services industry.

Should you or your legal advisers have special requirements, we will be very committed to take them into account. We must stress that we will never provide nominee services for any illegal activities as we have zero tolerance policy or anything that violates Bulgarian and EU laws.

Important advantages for our clients

virtual office in Bulgaria

Virtual office in Bulgaria

We provide full virtual office services to our clients, thereby ensuring not only legal compliance (i.e. point of contact with the authorities), but also physical presence in Bulgaria (better perception).

Bulgarian real estate

Real estate investments

Real estate investments in Bulgaria offer returns unmatched anywhere else in the EU. We provide complete administrative and legal support, along with access to unique, high-value opportunities that are not available on the open market.

visa approved stamp euroformat.eu

Immigration to Bulgaria (EU)

Starting a business in Bulgaria, registering a Trade representative office, or investing through a Golden Visa program all provide a clear path to legal residency. These options offer a practical and efficient way to live, work, and operate within an EU jurisdiction.

legalized Bulgarian pile of documents

Legalized documents

We provide a complete set of translated and legalised documents, allowing you to use your company easily in any country around the world. With this documentation, you can open bank accounts across the European Union and in many jurisdictions beyond it.


Bulgaria – the best location for setting up business in the EU

Internet banking

Bulgarian online banking standards are among the most secure and reliable in the world. The client can process virtually all banking transactions online. Read more.

Robust economy

The robustness of the Bulgarian economy and Euro-tied currency is another important factor to consider when relocating your business in Bulgaria. Read more.

Fast payments

Bulgaria has no currency restrictions so sending money abroad is easy and fast. You can make transfers by visiting your bank or by internet. Read more.

Ridiculously low taxes

The famous 10% flat tax rate in Bulgaria is one of the main reasons for many international businesses and entrepreneurs to set foot in Bulgaria. Read more.

Outsourcing opportunities

Wages in Bulgaria have risen significantly in the last 10 years. Still, many foreign companies are outsourcing their operations in Bulgaria. Read more.

Worldwide service

Our representatives are visiting our clients to virtually any country in the world in order to provide consultation or fast document exchange. Read more.