вторник, 2 януари 2018 г.

Incorporation - Types of Corporations in Bulgaria

In Bulgaria the following are accepted forms of incorporation:

 


A limited liability company (with the suffix OOD)


At least 2 shareholders or more is required to set up the company. The shareholders may be individuals or companies.
The minimum share capital is BGN2.00, with the minimum nominal value of BGN1.00 a share.
At least 70% of the capital must be paid up before registration.
The owners of the company are liable only for the amount of capital invested.
An annual shareholders' meeting must be convened at least once a year.
A director must be appointed for the company.

 

A liability company with a single shareholder (with the suffix EOOD)


This is an OOD company owned by one individual, who may be a foreign resident.
The single shareholder may serve also as a director of the company.

 

A consolidated company (with the suffix AD)

At least 2 shareholder or more is required to set up the company.
The minimum share value is BGN1.
The company must have minimum registered capital of BGN 50,000.00. For banks, the minimum capital requirements are BGN 10 million.
At least 25% of the registered capital must be paid up before registration.
The company is managed by a board of management, or at two levels by 'a supervisory board' and a 'board of management'.

 

A consolidated company with a single shareholder (with the suffix EAD)

The company is owned and controlled by a single shareholder.

The law also deals with other business entities, like Sole Traders, but in these cases a person who wants to register such must has been already applied for and been granted a permanent residency in Bulgaria.



Няма коментари: