Founders
of the Ltd.
company
can be local,
foreign
individuals
or legal
entities.
The
minimum
capital
required
for a Ltd.
to be established
is 5000
BGL, and
from the
time of
foundation
of the Ltd.
at least
70% of the
sum must
be transferred
to a Bulgarian
Bank account.
FEES
Company
formation,
bank account
assistance/set
up and VAT
registration:
£1,538.90
ex. VAT.
TIMESCALES
The formation of the company takes about three weeks.
OFFICES
Virtual
office (includes
telephone,
fax and
mail forwarding
facilities):
£200 per
month payable
quarterly
in advance
plus £600
deposit
refundable
within 30
days upon
termination
of your
office contract.
Registered
office:
£150 ex.
vat per
annum.
Serviced office: as per requirement.
ACCOUNTANCY
Quote
based upon
approximate
number of
monthly
invoices
and projected
annual turnover.
HOW DO I PROCEED?
In order to commence the formation procedure, we will require the following:
A
completed
application
form.
A
certified
copy of
each director/shareholders
passport.
Two
utility
bills that
are less
than three
months old.
