Company Formation & Management

 

Advice on company formation

First meeting is always free.

 

Company formation

Incorporation of a company, preparation of all related documents (bilingual English/Bulgarian), assistance in depositing the capital with the bank.

Company Formation
 Limited liability company  850 EUR
 Joint stock company  2250 EUR
 Other kind of company to be negotiated


In cases where a shareholder is a foreign legal entity, a number of documents from their home country have to be provided (certificate of good standing, decision of the governing body of the legal entity for formation of the new company, etc.). Obtaining any such documents and their legalization or translation is not included in the price.

Branch registration fee is 1250 EUR.

Above prices include up to 2 hours for opening of a bank account. Extra hours for opening of a bank account are billed at 85 EUR/hour.

VAT registration fee is 250 EUR (up to 2 hours).

Shelf (ready-made) companies are available too.

 

Registered company address

Providing official address of the company, incl. correspondence receipt.

Registered Company Address
 Dormant company  20 EUR/month
 Up to 5 incoming
 consignments/month
 30 EUR/month
 Over 5 incoming
 consignments/month
 to be negotiated

 

Company management

Providing a knowledgeable and experienced managing director of the company.

Managing Director
  Contract Fee
MD-02   2 hours/month  300 EUR/month
MD-04   4 hours/month  485 EUR/month
MD-08   8 hours/month 750 EUR/month
MD-20 20 hours/month 1320 EUR/month
MD-20 Plus over 20 hours/month  to be negotiated
MD-D dedicated director  to be negotiated

Hours in excess of the contract are billed on a monthly basis at 95 EUR/hour. Social insurance, health insurance and other government fees may apply.

 

Office support services

Providing office assistance services: processing of documents (scanning, collecting, classification, registration and archiving), support on occupational health and safety activities, operational communications.

Office Assistant
  Contract Fee
OA-02 2 hours/month 225 EUR/month
OA-04 4 hours/month 355 EUR/month
OA-08 8 hours/month 575 EUR/month
OA-20 20 hours/month 990 EUR/month

 Hours in excess of the contract are billed on a monthly basis at 75 EUR/hour. Social insurance, health insurance and other government fees may apply.

 

AML (Anti-Money Laundering) Contact Person

Providing a contact person as required by the Law on Measures Against Money Laundering.

AML Contact Person
  Contract Fee
AML-02   2 hours/month 135 EUR/month

Above duties of AML Contact Person may be assigned
to the Office Assistant at 90 EUR/month.

Hours in excess of the contract are billed on a monthly basis at 75 EUR/hour. Social insurance, health insurance and other government fees may apply.

 

 

Bookkeeping & Accounting Services

 

Accounting Packages

Each Package includes:

  • full accounting & bookkeeping support
  • preparation and timely submission of relevant declarations and other filings to national Government authorities
  • non-express (3 working days notice) preparation of electronic bank orders for payments
  • non-express (3 working days notice) issuing of invoices
  • tax related services (tax protection) - 2 hours/month (Dormant excl. - when needed billed per hour). Tax protection includes any relevant action performed during any kind of inspection or inquiry by tax authorities (or by any other government authority) that may have tax implications.
Accounting Packages
Package Company Type Full
Accounting & Bookkeeping
Tax Related Services (Tax Protection) Fee
Dormant Dormant 1 hr/month - 85 EUR/month
A-020

up to 20 docs (records)/month

2 hrs/month 2 hrs/month 265 EUR/month
A-050

up to 50 docs (records)/month

4 hrs/month 2 hrs/month 400 EUR/month
A-100

up to 100 docs (records)/month

10 hrs/month 2 hrs/month 780 EUR/month
A-200

up to 200 docs (records)/month

20 hrs/month 2 hrs/month 1280 EUR/month
A-200 Plus

over 200 docs (records)/month

over 20 hrs/month 2 hrs/month to be negotiated
  • Preparation of custom management reports is not included.
  • Support during auditing is not included.
  • Warehouse bookkeeping is not included.
  • Intrastat/VIES declarations are billed separately as per the table below.
  • Preparation of Annual Financial Report (AFR) is billed separately - one average total monthly fee (Accounting, Payroll, Intrastat/VIES and extra hours fees). Annual closing (incl. AFR) - not less than 780 EUR.
  • Publication of Annual Financial Report with the Commercial Registry - 95 EUR.

Extra hours and services that are not included in the packages, if not contracted separately, are billed
at a reduced rate of 85 EUR/hr (standard rate is 145 EUR/hr).

  

Intrastat/VIES declaration
Package Hours  Fee
C-01 1   70 EUR
C-02 2  140 EUR
C-03 3  210 EUR
  • Additional hours are billed at 70 EUR/hour.
  • Inbound Intrastat, outbound Intrastat and VIES declarations are billed separately.

   

Payroll Services  

 Payroll Packages
 Package  Employees/
Freelancers
 EUR/month Upgradable
 P-001             1      95 N/A
 P-005    2 to   5    200 N/A
 P-010    6 to 10    400 Yes, 40 EUR/person
 P-020   11 to 20    700 Yes, 35 EUR/person
 P-050   21 to 50  1500 Yes, 30 EUR/person
P-100 51 to 100  2500 Yes, 25 EUR/person
  • Services related to staff changes (new employments, resignations, dismissals, etc.) are included, but are limited to covering cases of no more than 20% of the total staff number of the particular month.
  • HR and administrative services are not included.
  • Vouchers bookkeeping and accounting is included. Vouchers ordering and distribution among employees is not included.
  • Working time accounts calculation is not included.
  • Preparation of working schedules for shift workers is not included.
  • Recalculation of payroll is not included.

Services that are not included in the packages are charged at the reduced rate of 85 EUR/hr (standard rate is 145 EUR/hr).

 

 

Legal Services

  • Commercial and contractual law
  • Company law
  • Labour law
  • Administrative law
  • Property law
  Legal Services
 General business lawyer  145 EUR/hr
 General business lawyer
 Discounted price for clients
 using an accounting package 
 95 EUR/hr
 Specialized lawyer 225 EUR/hr

Change of data in the Commercial Registry

  • of a limited liability company - 345 EUR (up to 4 hours)
  • of a joint stock company - 750 EUR (up to 8 hours)

 

 

Tax Consulting/Protection Services

  • Tax consulting includes tax planning and tax management.
  • Tax protection includes any relevant action performed during any kind of inspection or inquiry by tax authorities (or by any other government authority) that may have tax implications.
  • Specialized tax consultant - specialized advice on industry-specific tax issues.
Tax Consulting/Protection Services  
 Tax consulting/protection   145 EUR/hr
 Tax consulting/protection
 Discounted price for clients 
 using an accounting package
  115/85 EUR/hr
 Specialized tax consultant  225 EUR/hr 

 

 


All prices are VAT exclusive. Services provided over the contracted monthly package are billed per hour. Late presentation of documents is charged additionally. No reduced rate is applied in cases of late presentation of documents. Prices are valid as of 01/01/2026. In case the inflation rate is more than 5%, prices would be amended accordingly.