Euro capital conversion — EOOD and OOD

What was done automatically

On 01.01.2026 the registered capital was replaced with euro at the official rate 1 EUR = 1.95583 BGN (Euro Introduction Act arts. 12–13 and 33).

Automatic conversion does not create a new founding document. You still need to update your corporate documents.

What you must do

1. Adopt a sole-owner decision (EOOD) or general meeting protocol (OOD).
2. Update the founding act / partnership agreement with capital and shares in euro.
3. File with the Commercial Register using G1 (announcement only) or A4 (if rounding requires an adjustment of up to ±5% under art. 32(5)).

Deadline: 31.12.2026.

Where to get the data

You need amounts in leva before the euro, not the euro amounts already shown in the register after 01.01.2026.

1. Founding act / partnership agreement — best source; for OOD it lists partner shares.
2. Current-status extract from the Commercial Register portal.
3. Documents from your accountant or lawyer.

In Firmify you can upload a PDF/DOCX/photo — we try to extract capital and shares; you review and correct before generation.

How conversion is calculated

amount_EUR = amount_BGN ÷ 1.95583

Rounding to 2 decimals follows the 3rd digit (art. 13). For OOD: convert total capital first, then allocate shares proportionally to the previous participation (art. 31(5)).

If the sum of shares differs slightly from capital due to rounding (within 5%), the law allows a simplified adjustment → application A4. Over 5% — general Commercial Act procedure.