Do I need to be in Bulgaria to use your services?
No, you don't. However, as a procedure, it would be much easier, cheaper and faster if you decide to visit our country for the service you have chosen (unless you come from the US which would make it even more expensive due to travel costs). You will have to be here for 3 business days in order to be able to complete the process for which we need your presence.
How does it work if I want to do it remotely?
When the client doesn’t have the opportunity to visit Sofia personally for opening the company, we can do it remotely.
In this case we prepare all the documents and send them by email to the customer. For the initial registration two of the documents will need a notary attestation – the specimen of the manager/s signature/s and the power of attorney that we are going to use in order to open the bank account for the initial capital of your company.
There are two options for the attestation:
1. Bulgarian embassy
2. Local notary
If you choose the first option, you will have to go to the embassy with someone who speaks fluent Bulgarian, so he can translate the content before the authorities and put his signature on the document as a translator.
If you prefer to use a local notary, the procedure is different. When you attest the documents before the notary, you need an apostille on them by the authorities in your country. Once you have the documents attested and apostilled, we need them in original in order to be legalized by the Bulgarian Ministry of foreign affairs.
How long does it take?
When we have all the documents done (signed by the customer, attested, capital deposited, etc.), we will file them in the Registry Agency. It will take 2-3 business days for your new company to be officially registered. After that we can proceed with the VAT registration which takes 14 calendar days. Your presence is not needed for the process.
The VAT registration is a process that takes 7 calendar days and what we need in order to be able to start it, is just a power of attorney. We can have it signed by the customer right after the company registration is done, so from this moment on, your presence is not required anymore.
How do I get a shelf company?
If you want to buy a shelf company, that means that we are going to transfer one to you. It is always better and cheaper if you personally come to Sofia for the deal because in this case it only takes one day for the whole procedure.
However, if you are not able to come to Bulgaria even for 1 day, we can send you the documents by email and then you go to a local notary for the attestation. Once you sign and attest the documents, we need them back in original so we can legalize them in the Bulgarian Ministry of foreign affairs. This takes about a week and will cost you around 100 EUR more.
The price of 1300 EUR includes the notary fees only when attested in Bulgaria. The price includes the state tax and fees for the service.
If you don’t find your question here, please don’t hesitate to contact us.