How to transfer company shares — steps and cost (2026)

April 6, 20264 min read

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 (Art. 129, para. 2 of the Commerce Act) — without it the transfer is invalid.

Required Documents

  • Share transfer agreement (notarial certification required!)
  • Minutes of the General Meeting (for an OOD)
  • Updated Company Agreement / Articles of Incorporation
  • Application A4 for registration in the Commercial Register

Fees and Timelines

  • Notarial certification: ~15–41 €
  • Commercial Register fee: 20.46 EUR (electronic filing) / 40.92 EUR (paper)
  • Filing deadline: 7 days
  • Registration timeline: 3–5 business days

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