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Possible business formations is a matter regulated under Bulgarian Commercial Act. There are situated the rules with regards of incorporation, management, relation between shareholders and managers, insolvency, bankruptcy, liability and so on. Issues not addressed in the Commercial Act are redirected to the general civil legislation of the Republic of Bulgaria. Starting a business in […] We are receiving a huge volume of inquiries on how the process for registration of Limited Liability Company in Bulgaria LLC/Ltd/GmbH goes. Most commonly you are asking about the following: 1. How the process usually goes? 2. How long the incorporation will take? 3. Is it required client’s personal presence? 4. Is it possible to […] Sole Limited Liability Company It is owned by a natural or a legal person – EOOD, the sole shareholder exercises the powers of the general meeting and the managing director or board of directors is appointed to run the company. A private limited liability company may be founded by one person, including foreign natural or […] |
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