Single-Owner Limited Liability Company (EOOD)
Step by step
How to register an EOOD in Bulgaria
Follow these steps to register an EOOD and complete the main post-registration tasks.
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Check the name
Check whether the proposed company name is available in the Commercial Register.
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Prepare the founding act
Draft the founding act with the company name, address, activity, capital and manager, then notarise the signatures.
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Pay the capital
Pay the capital into a bank account opened for the company and obtain the bank’s certificate.
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File the application
File the application with the Commercial Register online using a qualified electronic signature or on paper.
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Receive the company number
The company comes into existence on registration and receives its UIC (EIK) number.
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Complete post-registration tasks
Record the beneficial owner in the register, register for VAT if needed and open the operating account. Tax registration is automatic.
How an EOOD works
- The owner is liable only up to the capital.
- The sole owner takes the decisions a general meeting would take in an OOD, and can manage the company personally or appoint one or more managers.
- A manager need not be an owner, a Bulgarian citizen or a resident, but must give a notarised specimen signature.
- Limits on a manager’s powers in the articles do not bind third parties.
- The company needs a registered address in Bulgaria.
Source: Chambers and Partners: Corporate Governance 2026, Bulgaria; Global Law Experts: How to form a company in Bulgaria (EOOD and OOD), 2026; Commerce Act, articles 113–157 (English translation)1,2,3
Capital
The legal minimum is €1. If the founder chooses more, at least 70% must be paid in before registration. A higher capital helps when the company will hold property or borrow from a bank.1,3,2
Companies registered with capital in leva must restate it in euro. The Registry Agency has extended the deadline for amending company documents to 31 December 2028.5
Step by step
| Step | What happens | Typical time |
|---|---|---|
| 1. Name | Check the name is free in the Commercial Register | Same day |
| 2. Founding act | Draft the founding act with the name, address, activity, capital and manager; notarise the signatures | 1–3 working days |
| 3. Capital | Pay the capital into a bank account opened for the company and get the bank’s certificate | Same day to 3 days; longer for remote checks |
| 4. Filing | File with the Commercial Register, online with a qualified electronic signature or on paper | 1–3 working days |
| 5. Company number | The company exists from registration and gets its UIC (EIK) number | Same day |
| 6. Tax and bank | Tax registration is automatic; register for VAT if needed and open the operating account | 1–4 weeks for the bank |
Source: Global Law Experts: How to form a company in Bulgaria (EOOD and OOD), 20262
A founder abroad can sign a notarised, apostilled power of attorney so that a Bulgarian lawyer handles everything. Some banks still ask to meet the owner, in person or by video, before opening the account.2
After registration
- Record the beneficial owner in the register.
- Register for VAT once taxable turnover passes €51,130 in a calendar year, or earlier by choice.
- Keep accounts and file annual financial statements with the Commercial Register.
- Pay 10% corporate tax on profits and 5% on dividends paid to individuals.
Source: Global Law Experts: How to form a company in Bulgaria (EOOD and OOD), 2026; PwC Worldwide Tax Summaries: Bulgaria, corporate, other taxes2,6
Frequently Asked Questions
What is the minimum capital for an EOOD in Bulgaria?
The legal minimum capital for an EOOD in Bulgaria is €1. If the founder chooses a higher capital amount, at least 70% must be paid in before registration.
How long does it take to register an EOOD in Bulgaria?
An EOOD typically receives its company number in 3–7 days when the founder is in Bulgaria and in 2–3 weeks when the founder is abroad.
How much is the online state registration fee for an EOOD in Bulgaria?
The state registration fee for registering an EOOD online in Bulgaria is €28.12.
Can a foreign person or company own an EOOD in Bulgaria?
Yes. A person or company of any nationality can be the sole owner of an EOOD in Bulgaria. A founder abroad can sign a notarised, apostilled power of attorney so a Bulgarian lawyer can handle the registration process.
What taxes and filings apply to an EOOD in Bulgaria after registration?
An EOOD pays 10% corporate tax on profits and 5% tax on dividends paid to individuals. VAT registration is required when taxable turnover passes €51,130 in a calendar year, or the company can register earlier by choice. The company must keep accounts and file annual financial statements with the Commercial Register.
Sources
- Chambers and Partners: Corporate Governance 2026, Bulgaria
- Global Law Experts: How to form a company in Bulgaria (EOOD and OOD), 2026
- Commerce Act, articles 113–157 (English translation)
- Wise: Cost of starting a business in Bulgaria (Registry Agency fees)
- Registry Agency: Portal and news
- PwC Worldwide Tax Summaries: Bulgaria, corporate, other taxes
Figures checked 13 October 2026. Prepared by InvestBulgaria for general information. It is not investment, tax or legal advice; please confirm details with a qualified adviser before acting.
