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Quick answer: Registering a company (EOOD or OOD) in Bulgaria takes 5 steps: choose a name, prepare documents, deposit capital in an escrow account, sign (eSignature + notarized specimen), and file application A4 at the Commercial Register. The process takes 5–10 business days, and with Firmify, document preparation takes just 15–30 minutes.
| Parameter | Value |
|---|---|
| Minimum capital | 1 EUR |
| Government fee (online) | 28 EUR |
| Registration time | 3–5 business days |
| Firmify price | from 39 EUR (EOOD) / 59 EUR (OOD) |
| Lawyer required | No, for standard cases |
Bulgaria offers several legal forms for business. The two most popular for small and medium enterprises are:
For EOOD registration:
| Cost | Amount |
|---|---|
| Firmify (documents) | 39 EUR (EOOD) / 59 EUR (OOD) |
| Government fee (online) | 28 EUR |
| Notary (specimen) | ~3 EUR |
| Bank (escrow account) | 5–15 EUR |
| eSignature (Evrotrust) | 15–25 EUR/year |
| Total for EOOD | ~75–90 EUR |
For comparison, a lawyer typically charges 100–250 EUR for the same document preparation.
Check availability at the Commercial Register portal. The name must be unique and written in Cyrillic (with optional Latin transliteration).
Use Firmify to generate all required documents in minutes. Enter your company details in our wizard and download the complete document package.
A Qualified Electronic Signature is required for online filing. Evrotrust allows you to get one from your phone in 5–10 minutes.
Visit any notary in Bulgaria to certify the manager's signature specimen. This is the only mandatory in-person visit.
Visit a bank to open an escrow account and deposit the minimum capital (1 EUR).
Log in to the Commercial Register portal with your eSignature, fill in application A4, attach the signed documents, and pay the government fee.
The Commercial Register processes applications within 3–5 business days (often 1–3 days for online submissions).
| Step | Duration |
|---|---|
| Document preparation (Firmify) | 15–30 min |
| eSignature issuance | 5–10 min |
| Notary visit | 30 min – 1 hour |
| Bank visit | 1–2 hours |
| Online filing | 15–30 min |
| Commercial Register processing | 3–5 business days |
| Total | ~5–10 business days |
The minimum budget for an EOOD is approximately 75–90 EUR: 28 EUR government fee + ~3 EUR notary + ~10 EUR bank + 39 EUR Firmify.
No, the law does not require a lawyer for standard EOOD/OOD registration. You can prepare the documents yourself or use a platform like Firmify.
The entire process takes 5–10 business days: document preparation (15–30 min with Firmify), notary + bank (1 day), and Commercial Register entry (3–5 business days).
The minimum capital for EOOD and OOD is 1 EUR. This is deposited in an escrow account and can be used for business operations after registration.
Yes, EU citizens can register a company under the same conditions as Bulgarian nationals. Non-EU citizens may need additional documents (apostilled and translated).