Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
Company formation in Bulgaria, turnkey: we help you register a company in Bulgaria, usually an EOOD, register it for VAT, keep its books and, if you are a Ukrainian tax resident, file the CFC report in Ukraine.
Since 2012 · 50+ jurisdictions · company, VAT and accounting in one team · first consultation free
In brief
Choose the situation closest to yours: a short outline of the route and the first step.
For exporting services, an EOOD registered for VAT on intra-EU services usually fits. First step: we review your contracts and clients and calculate the tax in Bulgaria and the CFC consequences in Ukraine.
Example. A developer from Kharkiv works with clients in Germany and the Netherlands. We register an EOOD, register it for VAT before the first invoice to an EU client, prepare the bank package and file the CFC notice in Ukraine.
Discuss this case →We register the company and plan VAT from the start: intra-Community supplies, VIES returns and warehousing. First step: we map the supply chain and the buyers' countries.
Example. A Ukrainian furniture maker sells to Romania and Greece through a Bulgarian company. We register an OOD with two partners, obtain a VAT number and set up accounting for intra-EU supplies.
Discuss this case →The company and the right to live in Bulgaria are handled separately. First step: we check your residence status and tax residency and decide who will be the manager and how they will be paid.
Example. A family from Odesa lives in Varna under temporary protection. We register an EOOD in the husband's name, set up the manager's remuneration and contributions, keep the books and determine where he is tax resident.
Discuss this case →We register the company quickly; crypto-asset services under MiCA need a licence from the Financial Supervision Commission. First step: we determine whether the model falls under licensing and work through a partner.
Example. A team builds software for non-custodial crypto wallets. We review the model, register an EOOD for software development and sales, and separately check which features would require a licence.
Discuss this case →We check a ready-made company first: register, debts, reports, accounts. First step: we compare the purchase with a new registration, which is often faster and cleaner.
Example. A client was offered a ready-made company with a history. Our check showed its annual reports for two years had not been filed. We register a new EOOD within the same timeframe, with no inherited history.
Discuss this case →We take over an existing company. First step: we check the register, VAT returns, annual reports and CFC reporting in Ukraine.
Example. The accountant stopped responding and VAT returns for several months were not filed. We restore the accounting, file the missing returns and prepare the annual report.
Discuss this case →When we register a company in Bulgaria turnkey, we cover the whole path from choosing the legal form to the first report: documents, register, VAT, bank, accounting and the owner's taxes in Ukraine.

If you are still choosing a country, we will compare Bulgaria with other jurisdictions on the page company registration abroad.
Small and medium businesses usually set up an EOOD with one owner or an OOD with several partners; an AD is chosen for large capital and issuing shares.
| Criterion | EOOD | OOD | AD or EAD |
|---|---|---|---|
| Founders | One person, individual or legal entity | Two or more persons | One or more persons |
| Minimum share capital | EUR 1 | EUR 1, each share at least one euro cent | EUR 25,000 |
| Paying in the capital | The minimum before registration; for larger capital at least 70 percent | Same as for an EOOD | Cash contributions through a capital-raising bank account |
| Management | The owner personally or an appointed manager | General meeting and manager | Board of directors or a two-tier system |
| Liability | Limited to the capital | Limited to contributions | Limited to shares |
| Typical use | IT, consulting, trade, a single owner | Business partners | Large projects, investors, regulated activities |
A foreigner can be the founder and the manager of an EOOD or OOD. The Commercial Act sets no citizenship or residency requirement for the manager. The manager files a notarised consent with a specimen signature, and the manager's name is entered in the Commercial Register.
An OOD works well when there are several partners: in the partnership agreement we set out shares, decision-making, a partner's exit and the sale of a share in advance. Under a 2026 amendment, from 2 April 2027 the registrar will also check with the tax authority whether the company and the seller have unpaid mandatory contributions when a share is sold.
A sole trader, ET, is liable for debts with all personal assets, so we usually do not recommend this form to foreign owners.
Describe your business, clients and owners, and on a free 10-minute call we will discuss the legal form and the order of steps; we prepare the tax calculation for Bulgaria and Ukraine after reviewing your task.
Accounting in Bulgaria is mandatory for every company from day one: the books are kept monthly, and once a year the company files a corporate income tax return and publishes its financial statements.
Bulgaria is phasing in the SAF-T standard audit file. The obligation applies to the largest companies from 1 January 2026, to large companies by turnover and taxes in 2027 and 2028, to small and medium companies as a general rule from 1 January 2029, and to all others from 1 January 2030. Micro-enterprises without VAT registration are exempt from SAF-T.
For an owner from Ukraine, Ukrainian reporting is added to the Bulgarian one: the CFC report is filed together with the company's financial statements. So we prepare the Bulgarian annual report in a form that can be attached to the Ukrainian return right away, and we reconcile the exchange rate and income figures.
We keep the books, calculate taxes, and file VAT and VIES returns, the annual return and the financial statements together with partner accountants in Bulgaria. VAT registration is a separate service: VAT registration in Bulgaria. If you have several companies in different countries, one team handles them all: international company accounting.
Usually, in our experience, the company appears in the Commercial Register 2–4 weeks after we receive your documents, and the bank account and VAT registration take another 2–8 weeks. The timeline depends on the case, its details, the work of the authorities and force majeure.
| Stage | Usually, in our experience |
|---|---|
| Consultation, choice of legal form, owner checks | 1–3 working days |
| Apostille, translations, powers of attorney, notarised signatures | 1–3 weeks, depending on the country where documents are signed |
| Filing with the Commercial Register and UIC (EIK) | A few working days, if the registrar issues no instructions |
| Bank account | 2–8 weeks, depending on the bank and the business profile |
| VAT registration | Filed as soon as there are grounds for it |
The official deadline covers only the review of a complete application: under the Commercial Register Act, the registrar reviews an application for initial registration by the end of the next working day. If documents are missing, the registrar issues instructions, and registration follows once they are met. The deadline excludes collecting documents, apostille, translations and the bank's review.
We price Bulgaria company formation case by case: the cost consists of state fees, notary costs and the scope of our work.
We work under a contract. We will give you an estimate within a working day after a short description of your task and send a quote with stages and timelines.
Registration in Bulgaria involves dozens of details at the register, the notary, the tax office and the bank, and clients have trusted us with them for years for five reasons:
For fourteen years we have registered companies, opened accounts and handled tax matters in 50+ jurisdictions. We know the requirements of registrars, banks and tax authorities from our own cases.
We correspond with the Registry Agency, the tax office and the bank and answer their requests ourselves. From you we need documents, signatures and decisions.
We address the registrar's instructions and questions from the tax office and the bank at no extra charge under the contract. If a regulatory licence is needed, we work through a partner and remain responsible to you.
The company, VAT, bank account, accounting, Bulgarian taxes and CFC reporting in Ukraine are handled by one team of Crystal Tax lawyers and accountants together with partners in Bulgaria.
The scope of work, timelines and confidentiality are set out in the contract. We disclose information about you and the company only to the extent the procedure requires.
To set up a company in Bulgaria with us, the work goes through six stages. We need documents, signatures and decisions from you; we do the rest.

To register a company in Bulgaria, we need a passport and signatures from each founder and manager, and a name, registered address and description of activity for the future company.
The application and attachments are filed in Bulgarian. Documents in another official EU language are accepted with a certified translation into Bulgarian; foreign documents generally need an apostille. We give you the exact list after the consultation and arrange translations and apostille ourselves.
On 1 January 2026 Bulgaria adopted the euro, and all amounts in tax and company laws are stated in euro.
| Tax | Rate and conditions |
|---|---|
| Corporate income tax | 10 percent of profit. The tax period is the calendar year; the annual return is filed between 1 March and 30 June of the following year |
| Dividend tax | 5 percent withheld at source for individuals and foreign companies. The 2026 budget, adopted in July 2026, left this rate unchanged |
| VAT | 20 percent, with a reduced rate of 9 percent for certain goods and services |
| Mandatory VAT registration | Annual domestic turnover for the calendar year above EUR 51,130; application within 7 days after the threshold is exceeded |
| VAT registration for intra-EU services | Regardless of turnover, if the company provides services to business clients in other EU countries or receives taxable services from foreign suppliers. Application no later than 7 days before the tax becomes chargeable |
| VAT return | Monthly by the 14th of the following month, together with the ledgers and the VIES return |
If the owner is a Ukrainian tax resident, the Bulgarian company is a CFC (controlled foreign company) under the CFC rules in Ukraine: the owner files a notice and an annual CFC report for it.
If the owner moves to Bulgaria or another EU country, we review tax residency separately. More details: controlled foreign companies.
A company in Bulgaria gives you the right to do business in the EU; a bank account and the right to live in the country are obtained separately, each under its own rules.
To get started, write two or three sentences about what the company will do, where your clients are and who will own it. We will assess the task within a working day and suggest the legal form, the order of steps and the timeline. The free consultation takes 10 minutes; a detailed review of the structure, including taxes in Ukraine, takes 30 minutes.
Registry Agency (Agentsia po vpisvaniyata): registration in the Commercial Register; State Budget Act of Bulgaria for 2026, State Gazette No. 69 of 2026; Commercial Act (Targovski zakon), consolidated text; Commercial Register and Register of Non-Profit Legal Entities Act (Zakon za targovskiya registar i registara na YuLNTs); Corporate Income Tax Act (Zakon za korporativnoto podohodno oblagane, ZKPO); Value Added Tax Act (Zakon za danak varhu dobavenata stoynost, ZDDS); Accountancy Act (Zakon za schetovodstvoto); Tax and Social Security Procedure Code (DOPK), SAF-T; Tax Code of Ukraine, Article 39-2; Convention between Ukraine and Bulgaria for the avoidance of double taxation. Content reviewed and updated on 27.09.2026.
Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
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