This article is inspired from a chat with perspective client from Germany who wanted to open Bulgarian company. We once again realized how many fraudulent “agents” there are and how easy is for them to manipulate genuine clients by making false promises, giving “guarantees”, and much, much more… Please readContinue Reading
Since the beginning of 2019 we have been constantly alerting about the inability of many foreigners to open companies in Bulgaria. The main problem comes from the fact that banks in Bulgaria simply reject to open bank accounts for new companies. This is of course when the bank sees thatContinue Reading
Bank loan agreement – is it worth it and under what conditions? Is now the right time to sign a bank loan agreement? For yourself, for the family, for the company? Commercial, consumer, mortgage or lombard? Or maybe an overdraft is preferable?… We will not try to convince you ofContinue Reading
Financial aid programs in Bulgaria and the EU to support businesses affected by the coronavirus pandemic. Under discussion is the allocation of state credit for affected European companies that is up to 5% of their annual turnover The initiative of the European Commission for financial aid has not yet beenContinue Reading
How hard is to open bank account in Bulgaria in 2020 Following our 2019 update on the different problems that foreigners face when trying to open bank accounts in Bulgaria, things haven’t got much easier. The banks in Bulgaria don’t seem to be getting much joy from their foreign clients.Continue Reading
Today we will try to shed some light into the mysterious field of providing nominee corporate (and personal) services. So what is a “nominee service”? And are any such arrangements legal at all? The basics Nominee service is acting on someone’s behalf in order to manage his finances or businessContinue Reading
Recently, opening a bank accounts with Bulgarian banks has become a problem for many foreign citizens. What are the reasons and what is the best solution? The problem is that the policy of banks regarding opening accounts for Bulgarian companies with foreign managers and founders, as well as for individualsContinue Reading
Am I ready to start business relations? Upon registration of a company, the Company receives the UIC (Unified Identification Code). Through it, any interested person can see public data about the newly established Company, which are published in the Commercial Register of the Republic of Bulgaria (full name, address ofContinue Reading
I set sail, not to sail the seven seas, but to enjoy what life has to offer. Anthony T. Hincks Наше предложение – покупка готовой компании в Болгарии с НДС номером и банковским счетом – от 2490 EUR !!! Для чего нужна болгарская компания с НДС? Предлагаем вашему вниманию возможностьContinue Reading
