VEKAR Group

About VEKAR Group

Founded in Sofia in 2011 by Plamen Teodosiev, a former Bulgarian consul with a PhD, this consultancy helps outside investors and start-ups settle in Bulgaria. It reports having set up more than 800 companies and supported over 300 existing ones. The firm combines corporate consulting with legal, accounting, tax, residency, citizenship and translation support, and also advises on investment projects, regional conditions and suppliers. Its pitch is aimed at people entering the Bulgarian market without local language or business knowledge, and it describes the team as having a range of foreign languages, although the site does not list them. Besides formation and ongoing maintenance, it covers licensing for activities such as forex and gambling, real estate rentals, vehicle registration and company liquidation. The website is published in English.

Services

Incorporation packages can be assembled from a menu: preparation and translation of documents, registered address, company stamp, bank account opening, VAT and EORI registration, shelf and ready-made companies, and sale or transfer of companies. After registration the firm offers accounting and financial reporting, tax advice, registered office and director services, corporate secretarial work, a virtual office, compliance, intellectual property matters, licensing, residency permits, citizenship applications and liquidation. Nominee shareholder and director services are listed among the offerings.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✕ Payroll: not listed
• ✕ Audit: not listed
• ✓ Bank account assistance: offered
• ✓ Residency and visas: offered
• ✓ Corporate secretarial: offered
• ✓ Virtual office: offered