How to Transfer Company Shares — Steps and Cost (2026)

Share transfer is a standard procedure when selling a business, admitting a new partner or restructuring ownership. Here is how the process works in Bulgaria.

Legal Basis

Share transfers are governed by Art. 129 of the Commerce Act. The key requirement is notarial certification of the signatures and of the content, performed simultaneously. A QES does not replace this form (Art. 129, para. 2 of the Commerce Act) — without it the transfer is invalid.

Required Documents

• Share transfer agreement (notarial certification of the signatures and of the content, performed simultaneously)
• Minutes of the General Meeting (for an OOD)
• Updated Company Agreement / Articles of Incorporation
• Application A4 for registration in the Commercial Register — only after the notarial form

The current Firmify pack is preparation for the notary, not a complete filing pack for the Commercial Register.

Fees and Timelines

• Notarial certification: ~15–41 €
• Commercial Register fee: 7.67 EUR (electronic filing) / 15.34 EUR (paper)
• Filing deadline: 7 days
• Registration timeline: 3–5 business days

Firmify Automates the Process

With Firmify you prepare a draft for the notary online for €49 — without a lawyer's fee for the documentation. This is not a complete Commercial Register filing pack. A QES does not replace the notarial form.