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Establishment in Bulgaria

Whether you are considering setting up a new company in Bulgaria, a branch or a place of business for an existing company, this is an exciting and important time for any entrepreneur. The materialization of an idea is a very emotional but also a very responsible moment due to the complexity of the processes, decisions, and expertise that need to underpin the foundations of your future company.

The institutionalization of business in Bulgaria is a difficult moment due to a number of factors. In order to be implemented, each business idea depends on a specific regulatory environment, on the dynamics of legislative regulations, on the tax regime, etc. This necessitates a broad knowledge of law, , taxation, finance and business processes.

Also, if your company is an international organization that is just entering the Bulgarian market, a thorough study of the legal environment and proper synchronization of accounting systems and tax regimes between the different jurisdictions of the companies in the group are essential elements.

We know that the purely physical act of filing company registration documents is in itself straightforward, but making the right decisions during the processes that precede it is crucial.

Institutionalizing a business is not just about picking up a bundle of finished documents.

For all entrepreneurs who want to properly lay a solid foundation for their business, we offer integrated solutions and comprehensive expertise in all areas

What are the steps to setting up a business?

Consultation

For us at ACTIVITY, this is the most important stage of the process of setting up a business, where we put the most effort and passion. Relying on our decades of experience and our interdisciplinary approach, we will help you and together we will clarify all the important aspects that will be relevant in the next stages of company formation and operation afterward.

We will map out the road ahead and walk it with you because we know that success is certain when you have a reliable partner.

Preparation of documentation

Once we have implemented your ideas, we will prepare all the necessary documents for the registration of your company, in accordance with the provisions of the law and the legal form determined during the consultation, the mandatory requisites, and the specifics of your business in relation to the industry in which it will operate.

Incorporation and subsequent registrations

We will have the commitment to declare the already prepared documents and their annexes to the Commercial Register and the Register of Non-Profit Companies, as well as to follow up and complete the registration process of your company.

Once the process is finalized, you will receive a UIC number and with it the possibility to exercise commercial activity.

In addition to company registration, we can also help with:

Providing a registered office address
Provision of office reception
Provision of a workplace
Handling correspondence
Administrative support

What's next after founding the company?

With the registration and entry of the company in the Commercial Register, the incorporation procedures are completed and the process of establishing the business in the market, its enforcement, and development is initiated.

Many business activities are regulated by specific legal requirements and regulations, which is why we can undertake and conduct the procedures to provide you with the necessary permits and licenses to carry out your planned business activities.

The first steps may seem daunting, but the real challenges come as the business grows, which is why at ACTIVIT we have formed and continually maintain expert teams that can help your business with:

  • Comprehensive accounting services

  • Quality and uninterrupted execution of payroll processes обработване и изплащане на заплатите

  • Preparation of programs and projects for obtaining funding from the European Union and development of business plans for financing from a banking financial institution

  • Temporary staffing a chief accountant or finance director

    • Business and management consulting
    • Conversion and transactions of commercial enterprises
    • Legal consulting
    • Financial and investment advisory
    • Tax consulting
    • Accounting consulting

We have the confidence and passion to help you with all processes from company formation, ongoing and annual accounting, payroll processing, and payment, to merchant conversion and liquidation. We understand it's not very inspiring to talk about winding up a business, but we know best the difficulties entrepreneurs face when they have to wind up and liquidate their companies.

All accounting services offered by ACTIVITY are available no matter where your business is located in Bulgaria.

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