EOOD vs OOD in Bulgaria
EOOD vs OOD — Which to Choose?
Quick answer: If you're a solo founder — choose EOOD. If you have 2+ partners — choose OOD. The main difference is the number of owners. Taxes, liability, and the registration procedure are nearly identical.
| Criteria | EOOD | OOD |
|---|---|---|
| Owners | 1 | 2+ |
| Key document | Articles of Association | Partnership Agreement |
| Decision-making | Sole owner | General Meeting |
| Minimum capital | 1 EUR | 1 EUR |
| Corporate tax | 10% | 10% |
| Liability | Limited | Limited |
| Firmify price | 39 EUR | 59 EUR |
What is EOOD
EOOD (Еднолично дружество с ограничена отговорност / Single-Member LLC) is the most popular business form in Bulgaria. It's ideal when:
- You are the sole owner
- You want fast decisions without partner approval
- You're starting a small or medium business
- You want limited liability — your personal assets are protected
What is OOD
OOD (Дружество с ограничена отговорност / Multi-Member LLC) is the right choice when two or more people want to build a business together:
- You have a business partner sharing investment and profits
- You want clearly regulated relationships between partners
- You're planning a larger operation with distributed roles
An EOOD can be converted to OOD at any time by admitting a new partner. The reverse is also possible.
Key Differences
Management
- EOOD: The sole owner makes all decisions. Can also be the manager.
- OOD: Decisions are made at the General Meeting by majority vote.
Documents
- EOOD: Articles of Association + Sole Owner's Decision
- OOD: Partnership Agreement + Minutes of Founding Meeting
Cost Comparison
| Cost | EOOD | OOD |
|---|---|---|
| Firmify | 39 EUR | 59 EUR |
| Government fee | 28 EUR | 28 EUR |
| Notary | ~3 EUR | ~3 EUR × managers |
Frequently asked questions
EOOD has a single owner. OOD has two or more partners. Tax rates and liability are identical.
Yes — by admitting a new partner or transferring shares, an EOOD automatically becomes an OOD. The reverse is also possible.
EOOD registration with Firmify costs 39 EUR; OOD costs 59 EUR. Government fees are the same for both.
All guides
- How to Register a Company in Bulgaria (2026 Guide)
- EOOD vs OOD in Bulgaria — Which to Choose?
- Company Registration Costs in Bulgaria (2026)
- VAT Registration in Bulgaria — When & How
- Corporate Tax in Bulgaria — 10% Flat Rate Guide
- How to Register an EOOD in Bulgaria — Full Guide
- How to Register an OOD in Bulgaria — Full Guide
- Check & Reserve a Company Name in Bulgaria
- Documents for Company Registration in Bulgaria
- Signing Documents for Company Registration — QES, Specimen, Firmify
- Signing Help — Evrotrust, PDF, B-Trust
- Sign PDF with QES Outside Firmify — Adobe Reader, Steps
- Signing with Evrotrust in Firmify — Steps
- B-Trust, Smart Card, and BISS for Signing
- Capital Escrow Account & Company Banking in Bulgaria
- Annual Financial Report (AFR) in Bulgaria — Filing & Deadlines
- Company Registration & Maintenance Costs in Bulgaria
- Online Company Registration in Bulgaria
- Dissolving an EOOD/OOD in Bulgaria — Procedure & Timeline
- Share Transfer in EOOD/OOD — Procedure & Documents
- Company Amendments in the Commercial Register (A15)
- GDPR Policy & Legal Documents for Your Business
- Employment Contract & HR Documents in Bulgaria
- How to Find an Accountant or Lawyer for Your Company in Bulgaria
- Firmify Partner Program — How to Earn
- Business Documents — Quotes, Proforma Invoices, Contracts
- Do I Need a Lawyer to Register a Company in Bulgaria?
- How Long Does Company Registration Take in Bulgaria?
- What to Do After Receiving Your EIK?
- Do I Need a Notary for Company Registration?
- EOOD vs Freelance in Bulgaria — Which Is More Profitable?
- Manager Social Insurance for EOOD — Types & Obligations
- Public procurement radar: CPV codes and your Firmify profile
- What “AI assistance” means for TED notices
- End-to-end Firmify tenders flow: TED radar, case workspace, Stripe document pack
- Paid TED document pack for Firmify tenders: Stripe, statuses, filenames
- How to find the CPV code for your business
- Requirements for participating in public procurement in Bulgaria
- Art. 97a VAT Filing in Bulgaria — Monthly Guide (2026)
- VIES Declaration in Bulgaria — Guide 2026
- How to use the Firmify accounting module
- Monthly accounting checklist for EOOD
- How to file a VAT return with Firmify
- How to record a purchase invoice in Firmify
- How to issue an invoice with Firmify
- How to close an accounting period in Firmify
- Annual financial report (GFO) with Firmify
- Accounting glossary — Bulgaria
- Can an EOOD owner do their own bookkeeping in Bulgaria?
- Bank statement import & reconciliation in Firmify
- Payroll and salaries in Firmify — EOOD guide
- Fixed assets and depreciation in Firmify
- Freelance Profession in Bulgaria — Complete Guide 2026
- BULSTAT Registration for Freelancers — Step by Step 2026
- Taxes and Social Security for Freelancers in Bulgaria 2026
- Freelance vs EOOD Tax Calculator — How to Use
- Freelance Accounting in Bulgaria — Self-Service with Firmify
- Freelance vs EOOD in Bulgaria — When to Incorporate?
- Digital Nomad Tax Guide: Working as a Freelancer in Bulgaria 2026
- How to Register as Self-Employed in Bulgaria as a Foreigner 2026
- VAT for Freelancers in Bulgaria 2026 — When to Register
- OKD-5 Declaration — Registering as Self-Employed in Bulgaria
- Choosing Insurance Income for Freelancers in Bulgaria 2026
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