Company or Single
ny foreign investors find the Limited Liability Company (OOD) or Sole Proprietorship Limited Liability (EOOD) the best company structure for their business in Bulgaria. It holds out several advantages like extremely low capital required for registration, and options for shares transfers.
Variable Capital Companies in Bulgaria (VCC)
With the amendments and Supplements to the CC, published in the “State Gazette”, no. 66 of 01.08.2023, Bulgarian commercial law was enriched with a new type of commercial company – a company with variable capital. It is the latest type of company.
Foreign company branch
The Foreign Company Branch is part of a certain foreign company and is considered an extension of that company, not a separate legal entity. It does not possess its own capital but it must have its own property or assets.
Partnership limited by shares
The partnership limited by shares, or PLS, is a company governed by limited and unlimited liable partners. At least one unlimited liable partner and no less than three limitedly liable partners are required. The capital must at least EUR 25 565.
General partnership
General partnership is a company set up by unlimitedly and jointly liable partners, who are liable for the entity`s obligations with their personal property. This kind of company does not have its own capital. Minimum two partners of any country are required.
Limited partnership
The Limited partnership is formed by limitedly and unlimitedly liable partners. At least one unlimited liable partner is required. No minimum capital is required. The name of the LP must contain the name of at least one of the unlimitedly liable partners.
Joint stock company
The Joint stock company consists of limited liable shareholders only. The minimum capital is EUR 25 565 and is divided in shares. This kind of company can provide additional financial resources for its activities by selling obligations.