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Register Company in Bulgaria with Michalaki, Pitsillidou Law Firm

Michalaki, Pitsillidou Law Firm > English Articles  > Register Company in Bulgaria with Michalaki, Pitsillidou Law Firm

Register Company in Bulgaria with Michalaki, Pitsillidou Law Firm

Why to register your company in Bulgaria?

  • Bulgaria is a member of the European Union, NATO and WTO
  • Macroeconomic and financial stability
  • Bulgaria has the most favourable tax regime in Europe:

– Corporate tax – 10 % of the net profit per year;

– Dividend tax 5% – only in case of real payment of dividends;

– VAT – 20%. The EU internal deliveries and the export are free of VAT;

– 10% personal income tax.  The Dividends are free of tax after they are shared between the shareholders and after the 5% dividend tax is paid

  • Strategic geographical location which provides direct access to key markets – Europe, CIS, Turkey, Middle East, North Africa
  • Some details about the company:

The type of the company that we recommend is LLC /OOD, EOOD/. Its specifics are:

  • The shareholders could be one or more.
  • The only shareholder could be the sole director of the company.
  • There isn’t a requirement to have local Bulgarian shareholder or manager or secretary etc.;
  • No annual fees for keeping the registration of the company.
  • The shareholders are not responsible for the debts of the company.

For more information and guidance get in touch with our lawyers or email Michalaki, Pitsillidou Law Firm – Cyprus Lawyers, at info@impklawyers.com .Tel. +357 99345000 – Fax +357 25 660097

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