Source-cited draft: company formation & entity choice for Bulgaria (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
Source-cited draft.Written from sources but not reviewed by a licensed practitioner, so it may be incomplete or wrong. General reference only; don't file or take a position on it without professional review.
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Every figure is drawn from this Tax Guide and cited to its source.
OOD (ООД)
Limited liability company with two or more membersCommercial Act (Targovski zakon) — https://www.mi.government.bg/en/business-handbook-for-sme/choice-of-legal-form-registration-documents-and-procedure/
EOOD (ЕООД)
Single-member limited liability companyCommercial Act (Targovski zakon) — https://www.mi.government.bg/en/business-handbook-for-sme/choice-of-legal-form-registration-documents-and-procedure/
AD (АД)
Joint-stock company (used for larger / capital-raising businesses)Commercial Act (Targovski zakon) — https://www.mi.government.bg/en/business-handbook-for-sme/choice-of-legal-form-registration-documents-and-procedure/
ET (ЕТ)
Sole trader / sole proprietorship (unlimited liability, taxed at 15%)Commercial Act (Targovski zakon) — https://www.mi.government.bg/en/business-handbook-for-sme/choice-of-legal-form-registration-documents-and-procedure/
Minimum share capital — OOD/EOOD
BGN 2Commercial Act (Targovski zakon) — https://www.mi.government.bg/en/business-handbook-for-sme/choice-of-legal-form-registration-documents-and-procedure/
Minimum share capital — AD
BGN 50,000Commercial Act (Targovski zakon)
Registration authority
Commercial Register and Register of Non-Profit Legal Entities, Registry Agency (Ministry of Justice)Commercial Register and Register of Non-Profit Legal Entities Act — https://www.mi.government.bg/en/business-handbook-for-sme/choice-of-legal-form-registration-documents-and-procedure/
Capital deposit
Share capital deposited into a company bank account before registration; bank confirmation filed with the Commercial RegisterCommercial Act (Targovski zakon) — https://www.expanship.com/bg/blog/incorporation-requirements-in-bulgaria
Incorporation timeline
Approx. 3–7 business days once documents are prepared and submittedCommercial Register and Register of Non-Profit Legal Entities Act — https://www.expanship.com/bg/blog/incorporation-requirements-in-bulgaria
State registration fee
approx. BGN 110 on paper / BGN 55 electronic for an OODTariff of State Fees Collected by the Registry Agency
Annual financial statements filing
Annual financial statements published in the Commercial Register, generally by 30 September following the year-endAccountancy Act (Zakon za schetovodstvoto)
Annual corporate tax compliance
File annual CIT return and pay CIT between 1 March and 30 June following the tax yearCorporate Income Tax Act (ZKPO) — https://taxsummaries.pwc.com/bulgaria/corporate/tax-administration
VAT registration obligation
Register for VAT once taxable turnover exceeds BGN 100,000 in 12 months (or voluntarily)Value Added Tax Act (ZDDS) — https://eurofast.eu/wp-content/uploads/2025/02/BulgariaTaxCard2025-5bbc2399-822d-42cb-b32e-cbd12beb4b3c.pdf
Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.
The most common Bulgarian business vehicle is the limited liability company (OOD, or EOOD if single-member), governed by the Commercial Act and registered with the Commercial Register at the Registry Agency. The statutory minimum share capital is a token BGN 2.
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Other Bulgaria computations in the OpenAccountants Tax Library.