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VCC or LLC – Which Legal Form Is Better for Your Business in Bulgaria?

Starting a company in Bulgaria?

When registering a company in Bulgaria, the most common choice has traditionally been the Limited Liability Company (LLC / OOD). However, with recent amendments to the Bulgarian Commercial Act, a new form was introduced – the Variable Capital Company (VCC / DPK).

This raises the important question: Which is […]

ДПК или ООД – коя форма е по-добра за регистрация на фирма?

Кратък анализ на разликите

С последните изменения в Търговския закон в България се появи нова правно-организационна форма – Дружество с променлив капитал (ДПК). До този момент най-често използваната форма за малък и среден бизнес беше Дружеството с ограничена отговорност (ООД). Логично възниква въпросът – коя от двете форми е по-подходяща за нов бизнес?

Какво […]

Business Formations in Bulgaria I part

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 […]

Registering Limited Liability Company in Bulgaria

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 […]

Popular Bulgarian Company Formations

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 […]