5 advantages of electronic filing when registering a company

March 25, 20264 min read

Registering a company in Bulgaria can be done in two ways: on paper at an office of the Registry Agency or electronically through the Commercial Register portal. Here is why electronic filing is the better choice.

1. Lower State Fee

This is the most tangible advantage. With electronic filing the fee is 28 EUR instead of 56 EUR on paper — you save 28 EUR from the very start.

2. Faster Processing

Electronic applications are usually processed faster because the system automatically checks document formats. The typical timeframe is 3–5 business days, but in practice electronic applications are often reviewed sooner.

3. File From Home

No need to visit an office. You can submit your application from anywhere with internet access — all you need is a QES (Qualified Electronic Signature).

4. Lower Risk of Errors

When filing electronically the Commercial Register system performs automatic checks — for example whether all mandatory fields are filled in. This reduces the chance of rejection due to formal irregularities.

5. Electronic Archive

All submitted documents remain in your electronic profile on the Commercial Register portal. You can review, download or forward them at any time.

What Do You Need?

For electronic filing you need:

QES (Qualified Electronic Signature) — we recommend the cloud-based QES from Evrotrust, which can be issued in minutes from your phone
Registration on the Commercial Register portal — portal.registryagency.bg
Prepared documents in PDF format, signed with your QES

The Only Exception

Even with electronic filing, the manager's specimen signature requires mandatory notarial authentication of the signature. This means one visit to a notary — but everything else can be done online.

Conclusion

Electronic filing is cheaper, faster and more convenient. With Firmify you can prepare the documents in 15 minutes and submit them directly through the Commercial Register portal.