BULGARIA OFFSHORE COMPANY INCORPORATION

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ESTABLISHING AN OFFSHORE COMPANY IN

Bulgaria

Looking for advantageous tax rates within the European Union? Establishing a company in Bulgaria is suitable for individuals and businesses looking to offer outsourcing services or activities. Bulgaria offers an attractive tax framework and competitive advantages, making it an interesting option for those seeking to optimize their taxation and take advantage of a business-friendly environment.

Bulgaria offshore company formation

Establishing an offshore company in Bulgaria provides a prime option for foreign investors seeking to leverage a robust legal framework within the European Union. This route is tailored for individuals or legal entities aiming to engage in outsourcing or service-related activities, all while capitalizing on substantial tax benefits.

In recent years, Bulgaria has cultivated a regulatory landscape conducive to obtaining licenses for financial institutions or online gaming platforms, such as casinos and online betting sites.

As a member state of the European Union, Bulgaria adheres to stringent legal standards, yet also enjoys the privileges of free movement and trade directives. Consequently, while Bulgaria may not be classified as a tax haven, it offers companies legitimate and transparent opportunities within the realm of international tax planning.

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WHAT TO KNOW ABOUT BULGARIA

The Republic of Bulgaria, located in southeastern Europe on the Balkan Peninsula, is a sovereign state with land borders with five countries and a maritime border with the Black Sea to the east. The Bulgarian territory, inheritor of ancient Thrace, shares its boundaries with Greece and Turkey to the south, the Danube River and Romania to the north, as well as Serbia and the Republic of North Macedonia to the west.

Regarding business structures, two primary legal entities prevail in Bulgaria: Limited Liability Companies (LLC or OOD) and Joint Stock Companies (JSC or AD). LLCs require only one shareholder for their establishment, while JSCs require a minimum of two shareholders and allow the issuance of bearer shares.

On the fiscal front, Bulgaria boasts a particularly attractive corporate income tax rate, fixed at just 10%. This competitive rate significantly contributes to the country’s appeal for foreign investors. Additionally, the Bulgarian banking system is renowned for its quality and offers a high level of security, further bolstering the confidence of businesses and individuals in their financial activities within Bulgaria.

BULGARIA COMPANY INCORPORATION SERVICE

Done within 4 working days.
100% online.

USES OF AN OFFSHORE COMPANY IN BULGARIA

Protect your brand, logo, or franchise name through intellectual property registration.
Financial institution
Within the realm of regulated activities such as brokerage, cryptocurrencies, or operating payment institutions, obtaining a license is imperative in Bulgaria. This process ensures compliance with the prevailing standards and regulations in the financial sector, thereby ensuring the protection of investors and consumers.
Holding
It is used to anonymously hold the shares of other companies. Holding companies in Bulgaria allows you to pay a reduced rate on the dividends received from subsidiaries.
BROKERAGE COMPANY
Bulgaria offers the possibility of obtaining a business license for companies or individuals who wish to carry out a regulated brokerage activity under the supervision of the FSC.
International Trade
A favorable and suitable jurisdiction for conducting activities such as e-commerce, import-export, and/or professional services, while benefiting from one of the lowest tax rates in Europe.

ADVANTAGES OF FORMING AN OFFSHORE COMPANY IN BULGARIA

Share capital
A minimum capital of 1 euros (2lev) is required.
Fast business setup
Possibility of company formation in 3 working days.
Taxation
Total exemption from tax on dividends generated abroad and dividends paid to shareholders. Corporate tax rate is 10% (the lowest in Europe).
Accounting
Monthly accounting is compulsory for any registered business in Bulgaria
Confidentiality and Stability
Modern and flexible legislation providing stability and bureaucratic ease for business formation, coupled with a high level of secrecy and confidentiality for investors, in accordance with best professional practices.
Strategic Destination
A fiscally attractive destination in Central and Eastern Europe, boasting highly skilled labor and among the lowest average wages in Europe.

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Company formation and management

BULGARIA COMPANY FORMATION MAIN CHARACTERISTICS

Incorporation time frame
3-4 days
Type of business entity
Ltd (Eood)
Coporate tax
10%
ISO standards
Available
Financial Performance
High-performance structure with a legal transfer pricing system.
Information concerning shareholders and directors
Disclosed
Nominee services
Nominee services
EU VAT
Available
EORI
Available
City
Sofia

LOOKING TO START YOUR OWN BULGARIA OFFSHORE COMPANY?

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