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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 legal persons. The minimum foundation capital is Leva 2,00.
Limited Liability Company
Private Limited Company (a limited liability company) – “OOD” – it is a commercial company with share capital owned by its members whose liability is limited to the amount of the capital subscribed.
A private limited liability company may be founded by one or more persons, including foreign natural or legal persons. The minimum foundation capital is Leva 2,00.
Obtaining a Bulgarian Visa D
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| a. Applicant MUST apply at the Bulgarian Consulate in the country of his PERMANENT residency (i.e. in his HOME country).b. The immigration visa D will be issued by the Bulgarian Consulate in the applicant’s home country within a period of 1-3 months after the application is filed.
c. Upon receiving the immigration visa D from the consulate, the applicant is now free to enter Bulgaria. The immigration visa D will be activated with an immigration entry stamp upon his arrival in Bulgaria.
- NOTE: After entering Bulgaria every foreigner is obliged to register at the Local Police Office within 5 days of the date of entry if not staying in a hotel.
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Obtaining a Bulgarian Residency Permit
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| a. After accomplishing the steps to receive a immigration Visa D, the applicant then must apply for his Residency Permitat the Local Police Office.b. The Residency Permit will be issued by the Police after 14 calendar days. Cost for the permit is: 200 BGN for an up to 6 month permit or 500 BGN for an up to 12 months permit
c. The permits are valid beginning from the date of application. |
Obtaining a Bulgarian ID card
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| a. After obtaining a Bulgarian residency permit the applicant is required to apply for a Bulgarian ID card. The ID card verifies the bearer’s right to residency Bulgaria. The ID card must be carried at all times in Bulgaria and when entering or leaving the territory of Bulgaria.b. The Police Office issues ID cards in:
i. 10 working days (90 BGN)
ii. 1 month (45 BGN)
c. The ID card is valid in concurrence with the length of the bearer’s Residency Permit. Application must be made for a new card each time a person`s Residency Permit is renewed. |
Long term Residency – up to 5 years.
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| a. After 5 years of residency without interruption the foreigner can apply for long term residency. This allows a foreigner to legally reside in Bulgaria up to 5 years.b. In order to maintain permanent residency status, it is required that a person not to be absent from EU more than 6 months in a row or 10 months total during the 5 year period.
c. After 5 years of Long term residency the foreigner is eligible to apply for No Limit Long Term residency. |
No Limit Long Term Residence Permit.
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| a. After 5 years of Long term residency without interruption the foreigner can apply for no limit long-term residence permit. This allows a foreigner to legally reside in Bulgaria without time limitations.b. In order to maintain no limit long-term residency status, it is required that a person not to be absent from EU for more than 12 months in a row.
c. After 5 years of No Limit long-term residency the foreigner is eligible to apply for Bulgarian citizenship. The procedure takes about 2 years.
Our Immigrating attorneys are specialized in legal Immigration in Bulgaria.
Get in touch if you need to ask and learn more. |
The trademark as an exclusive right shall be acquired by registration in the Bulgarian Patent Office.
Rights to register belong to the first applicant.
Matter regulating trademarks contained in Marks and the geographic names Act. This law provides the conditions and the order for registration of the marks and the geographic names, the rights ensuing from it and the protection of these rights.
The provisions of this law shall be applied with regard to Bulgarian individuals and corporate bodies as well as with regard to foreign individuals and corporate bodies from states participating in international agreements party to which is the Republic of Bulgaria.
With respect to foreign individuals and corporate bodies from other states this law shall be applied under the conditions of mutuality which shall be assessed by the Bulgarian Patent Office.
Any person who in compliance with this law has the right to implement activities before the Patent Office shall be able to do so personally or by a local representative of industrial property. The persons who do not have permanent address or headquarters in the Republic of Bulgaria shall implement activities before the Patent Office by a local representative of industrial property.
The mark shall be a sign capable to distinct the commodities or the services of one person from these of other persons and could be graphically presented. Such signs could be words, including names of persons, letters, numbers, drawings, forms, and the form of the commodity or its packing, combination of colors, sound or any combinations of such signs.
The status of the well-known brand and a brand with a reputation, support the realization of fair market competition, while protecting individuals from inadvertently violating of the mentioned Act.
Originally marks shall be acquired for a period of ten years from the date of application for registration. Registration may be renewed indefinitely for additional periods of ten years.
On renewal is paid state fee. Renewal should be made before the expiry date of the initial ten year period or at the latest six months after its expiry in which case the fee shall be paid double the amount.
Trademark belonging to another person may be used only with the consent of the holder. For this purpose, signed a license agreement between parties that objectified consent reached between them. Signed licensing contracts entered in the register maintained by the Patent Office of Bulgaria, to have force and effect against third parties.
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