Company formation in Bulgaria

What a company formation provider in Bulgaria does

A provider turns your instructions into a registered company. The work usually covers:

• Advice on the legal form. The forms the formation firms on Accountanty name most often are the EOOD (one owner, 85 firms) and the OOD (two or more owners, 84 firms). A provider should also tell you when a branch or a joint-stock company fits better.
• Name check and reservation in the Commercial Register.
• Drafting the founding documents in Bulgarian: the founding act or partnership agreement, the manager’s appointment and consent, and the declarations the register requires.
• Translations and legalisation of anything signed abroad, such as passports, powers of attorney or a parent company’s resolution.
• The notary appointment for the manager’s specimen signature.
• The capital account at a Bulgarian bank and the bank certificate that goes into the filing.
• Filing form A4 with the Registry Agency and following the application until the company is entered.
• Beneficial owner entries, and acting as the local contact person where the law requires one.
• Registered address, if you don’t have premises yet.

The legal requirements behind each of these, with links to the official sources, are set out in our Bulgaria company setup guide.

Accounting firm, law firm or corporate services provider?

Accountanty lists 222 firms in Bulgaria that offer company formation. Of those, 185 are accounting firms, 26 are corporate services providers and 11 are law firms. Most are small practices (184), with 29 medium-sized firms and 9 that belong to larger networks.

Each type has a natural strength:

• An accounting firm suits founders who want one firm for formation and day-to-day bookkeeping, VAT and payroll. Ask who in the firm drafts the legal documents, or whether a partner lawyer does it.
• A law firm suits structures with several shareholders, a shareholders’ agreement, regulated activities or a foreign parent company. Ask whether it also keeps the books or passes you to an accountant after registration.
• A corporate services provider often bundles the address, the formation, bank introductions and sometimes residency support. Ask which parts it does itself and which it subcontracts.

Size matters less than fit. A small firm that works in your language and answers the same day can serve a one-person EOOD better than a network office, while a group with several entities may need a firm that handles audits and consolidated reporting.

What the provider needs from you

A provider can only move as fast as your documents. Expect to be asked for:

1. Passports of every founder and of the manager, and sometimes proof of address.
2. For a corporate founder: a recent register extract, its articles and a resolution approving the Bulgarian company, translated and legalised.
3. A description of the business: activities, countries you’ll trade with, expected turnover and the source of the capital. Banks and the provider’s own compliance checks both need this.
4. The company name you want, with one or two alternatives.
5. The capital amount and how it will be paid in.
6. A power of attorney, if the provider will file and deal with the bank on your behalf.

Providers run identity checks on new clients, so a provider that asks detailed questions about you and your money is doing its job. Answer fully and early.

What a quote for company formation in Bulgaria should include

Prices vary, so compare quotes line by line rather than by the total. Of the 222 firms on Accountanty that offer company formation, 74 publish some prices. A clear quote separates:

Item	What to check
Official fees	The Registry Agency fee, and whether the filing is electronic or on paper. The ministry’s handbook lists a lower fee for electronic filing.
Notary fees	The specimen signature, and any certification of copies.
Bank costs	Opening the capital account and the certificate. These follow the bank’s own tariff.
Translations and legalisation	Certified translations into Bulgarian, apostilles for documents signed abroad.
The provider’s fee	Drafting, filing and follow-up. Ask whether a rejected application is refiled at no extra cost.
Address	Registered address for the first year, and the renewal price.
Post-registration	VAT registration, payroll set-up, the first month of bookkeeping.

Watch for a low headline price that leaves out the address, the translations or the bank step. Ask what happens if the bank turns down the account: some providers charge again for a second bank, others don’t.

Since Bulgaria adopted the euro on 1 January 2026, quotes should be in euro. If a provider still quotes official fees only in leva, ask for the current euro amounts. The official figures are linked in our guide to the legal steps.

How to check a formation firm before you sign

A few checks take minutes and save a lot of trouble later.

• Look the firm up in the Commercial Register. The register is public, so you can confirm the company exists, who manages it and who owns it.
• Ask about professional credentials. Accountants may belong to a professional body such as the Institute of Certified Public Accountants in Bulgaria or the Institute of Professional Accountants in Bulgaria. Lawyers are members of a Bulgarian bar association. If you need an audit, ask for the registered auditor’s details.
• Ask who does the work. Find out who drafts the documents, who files them and who will be your contact after registration.
• Ask for a sample engagement letter that sets out the scope, fees and how either side can end the contract.
• Check languages. On Accountanty, 115 of the firms offering company formation work in English, 26 in Russian, 19 in German and 10 in Italian. If you’d rather work in Italian, see our Italian-speaking accountants in Bulgaria.
• Ask about foreign clients. 82 of the firms offering formation say they focus on foreign clients. Our list of accountants for foreign clients in Bulgaria shows them.

Accountanty doesn’t rank firms. Our page on how we select firms explains what a listing means.

Working with a provider from abroad

Much of the formation process can run without you in Bulgaria. Two tools make that possible:

• A power of attorney lets the provider sign for you, file the application and deal with the register. Have it drafted by the provider so the wording matches what the register and the bank accept, then sign it before a notary in your country with an apostille.
• A qualified electronic signature (QES) allows the application to be filed entirely electronically with the Registry Agency.

The step most likely to need your presence is the bank. Each bank sets its own rules for foreign founders, so ask the provider at the first call which bank it works with and whether you’ll need to travel. Some firms offer a dedicated bank account assistance service.

Keep copies of everything the provider files. The register and its documents are in Bulgarian, and you’ll want to be able to show your own bank, auditors or tax adviser what was signed.

Services after incorporation

Registration is the start of the relationship. Most firms that form companies also run them: of the 222 firms offering formation on Accountanty, 215 offer accounting, 217 tax compliance, 200 payroll and 194 VAT services. Fewer cover the specialist work: 69 offer corporate secretarial services, 61 bank account assistance, 59 a virtual office, 41 audit and 33 residency and visa support.

After registration, expect to agree:

• Bookkeeping and the annual filings. See accounting in Bulgaria and tax compliance in Bulgaria.
• VAT. Registration becomes mandatory above a turnover threshold, and some foreign-facing businesses register earlier. Our VAT in Bulgaria page sets out what to ask a firm.
• Payroll, when you hire. See payroll in Bulgaria.
• Company changes such as new shareholders, a new manager or an address change, handled through corporate secretarial services.
• A registered address, through a virtual office in Bulgaria, if you have no premises.
• Residence, if you plan to live in Bulgaria. See residency and visas in Bulgaria.

Ask for the monthly or annual fee for the first year at the same time as the formation quote. A low formation price paired with a high accounting fee isn’t a saving.

Red flags when choosing a provider

• Promises about tax results. A provider can tell you the rates. It can’t promise what you’ll pay, which depends on where the company is managed and where you live.
• No questions about you or your funds. A firm that skips identity checks may also skip other obligations.
• A quote with one number and no breakdown.
• No written engagement terms.
• Pressure to buy a ready-made company without explaining its history, debts and past filings.

Finding a provider in Sofia, Varna or Plovdiv

Formation firms on Accountanty are concentrated in three cities. Browse accountants in Sofia, accountants in Varna and accountants in Plovdiv, or compare firms by language and service on each profile. Because much of the work can be done remotely, the firm’s city matters less than its experience with clients like you.

To save time, send one free quote request through Accountanty. We review it and forward it to firms that fit your company type, language and city, and they reply to you directly.

Choosing your partner for company formation in Bulgaria

The filing is the easy part. The decision that shapes the next few years is the firm you choose for company formation in Bulgaria: one that explains each fee, handles the bank step, works in your language and can keep your books once the company exists. Get two or three itemised quotes, check the firm in the Commercial Register, and agree the post-registration work before you sign.