Company Amendments in Varna

Filing amendments with the Commercial Register is mandatory whenever company details change — address, manager, capital, name or business activity. In Varna this is done by submitting an A15 application to the Registry Agency.

The deadline is 7 days after the governing body adopts a resolution. Missing the deadline may result in administrative penalties.

Varna (approximately 340,000 residents) is the maritime capital of Bulgaria, with a developed tourism, logistics and IT sector. The city has over 40,000 registered companies, making it an active business centre.

Key Industries:

• Maritime Transport & Logistics
• Tourism & Hospitality
• IT Services
• Trade

Office Rents: Average office rents in Varna are €5–14/sq.m., which is competitive compared to other cities in the region.

Bank Branches: UBB, DSK Bank and UniCredit Bulbank have branches on Knyaz Boris I Blvd., Slivnitsa Blvd. and in the Primorski district.

Notary Offices: Notary offices are concentrated around Nezavisimost Square, Maria Louisa Blvd. and the Odesos district.

The most common amendments requiring an A15 filing are:

• Change of address — when relocating the registered office or management address in Varna
• Change of manager — appointing a new or releasing a current manager
• Change of capital — increase or decrease of the registered capital
• Change of name — availability must be checked in the CR before filing
• Change of business activity — expanding or narrowing the registered scope of activity
• EUR redenomination — mandatory for all companies by the end of the transition period

Steps to file an amendment in Varna:

1. Adoption of a resolution by the governing body (minutes or manager's resolution)
2. Preparation of the A15 application and accompanying declarations
3. Notarisation of specimen signature (if changing the manager)
4. Filing with the Registry Agency — online with a QES or at the counter