Business Start-up Costs in Bulgaria
One-off costs
| Item | Cost |
|---|---|
| Commercial Register fee | €28.12 online, €56.24 on paper |
| Minimum capital, EOOD or OOD | €1 |
| Escrow account to pay in the capital | €10 at BACB |
| Bank account opening | €10 for a Bulgarian company, €50 for a foreign one (BACB) |
| Bank document checks for foreign-owned companies | €45 to €500, depending on ownership and country |
| Translation of documents | From €12, €15.60 or €19.20 per page of 1,800 characters |
| Remote set-up by a service provider | Packages from about €890 plus VAT |
Source: Wise: Cost of starting a business in Bulgaria (Registry Agency fees and VAT threshold); BACB: Terms and conditions for institutional customers, from 1 October 2026; Arte.Doc: Translation prices; Fenchell: How to form an EOOD remotely1,4,5,3
A founder abroad signs the documents before a notary there, with an apostille, and the documents are then translated into Bulgarian. Notary fees depend on the country.3
Monthly running costs
| Item | Cost a month, excl. VAT |
|---|---|
| Accounting, up to 30 transactions | From €80 |
| Accounting, up to 150 transactions with payroll for 5 | From €180 |
| Accounting, unlimited transactions | From €350 |
| Bank account maintenance | €10 for a Bulgarian company, €20 for a foreign one (BACB) |
| Euro transfer to the EU, online | €0.80 each (BACB) |
Source: Bulgaria for Business: Accounting prices; BACB: Terms and conditions for institutional customers, from 1 October 20262,4
The accounting packages include the monthly VAT return, the annual tax return and the annual financial statements, which every company must file.2
VAT
Registering for VAT is compulsory once taxable turnover passes €51,130 in the current or previous calendar year, and possible earlier on request.1,6
Frequently Asked Questions
How much is the company registration fee in Bulgaria?
The Bulgarian Commercial Register fee is €28.12 for online registration or €56.24 on paper. These are registration charges, not the full set-up cost; other possible costs include notary fees, translations, bank checks and accounting.
What is the minimum capital for an EOOD or OOD in Bulgaria?
The minimum capital for a Bulgarian EOOD or OOD is €1. At BACB, an escrow account for paying in the capital costs €10.
How much does accounting cost per month for a Bulgarian company?
Accounting for a Bulgarian company starts at €80 a month for up to 30 transactions, €180 for up to 150 transactions with payroll for five, or €350 for unlimited transactions, excluding VAT. Packages include the monthly VAT return, annual tax return and annual financial statements.
What are the Bulgarian company bank account opening fees?
At BACB, opening a bank account costs €10 for a Bulgarian company or €50 for a foreign company. Bank document checks for foreign-owned companies cost €45 to €500, depending on ownership and country.
What is the VAT registration threshold in Bulgaria?
VAT registration in Bulgaria is compulsory when taxable turnover passes €51,130 in the current or previous calendar year. Businesses can also register earlier on request.
Sources
- Wise: Cost of starting a business in Bulgaria (Registry Agency fees and VAT threshold)
- Bulgaria for Business: Accounting prices
- Fenchell: How to form an EOOD remotely
- BACB: Terms and conditions for institutional customers, from 1 October 2026 (PDF)
- Arte.Doc: Translation prices (in Bulgarian)
- PwC Worldwide Tax Summaries: Bulgaria, corporate, other taxes (VAT registration from 2026)
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.
