How to Register a Company in Burgas, Bulgaria

Burgas is a major economic centre on the Southern Black Sea coast with developed tourism and oil refining. Registering a company here follows the general rules of the Bulgarian Commerce Act and is done through the Commercial Register at the Registry Agency.

In this guide we walk you through the steps to register an EOOD, OOD or sole trader in Burgas — what documents are required, the applicable fees and how to file your application online.

Burgas (approximately 210,000 residents) is a major economic centre on the Southern Black Sea coast with developed tourism and oil refining. The city has over 25,000 registered companies, making it an active business centre.

Key Industries:

• Tourism & Hospitality
• Oil Refining & Energy
• Fishing & Aquaculture
• Trade

Office Rents: Average office rents in Burgas are €4–10/sq.m., which is competitive compared to other cities in the region.

Bank Branches: DSK Bank, Postbank and UBB have branches on Aleksandrovska St., Demokratsia Blvd. and in the Meden Rudnik district.

Notary Offices: Notaries are concentrated around Aleksandrovska St., Stefan Stambolov Blvd. and the Burgas Palace of Justice.

Before registering a company in Burgas, you need to choose the legal form. The most popular types in Bulgaria are:

For most entrepreneurs in Burgas we recommend the EOOD — it provides limited liability and is the easiest to manage.

1. Choose a name — check availability in the Commercial Register. You can reserve a name via a D1 application.
2. Set your registered office address — the management address must be in Burgas or Burgas Region. You need a legal basis for using the address (lease, ownership).
3. Open an escrow account — at a bank in Burgas or online. Major bank branches in Burgas are located along Demokratsia Blvd. and in the city centre.
4. Prepare incorporation documents — articles of association (for EOOD) or partnership agreement (for OOD), resolution of the sole owner or minutes of the founding meeting, declarations.
5. Prepare the specimen signature — the manager's specimen signature requires mandatory notarisation regardless of the filing method. Notary offices in Burgas are mainly in the central area around Aleksandrovska St..
6. File application A4 — electronically via the CR portal (fee €28) or on paper (€56).
7. Receive your UIC — upon approval you receive a Unique Identification Code, usually within 3–5 business days.

To register an EOOD/OOD in Burgas you will need the following documents:

• Articles of association (for EOOD) or partnership agreement (for OOD)
• Resolution of the sole owner (for EOOD) or minutes of the founding meeting (for OOD)
• Specimen signature of the manager
• Declaration under Art. 13(4) of the CRRLEA — veracity of declared circumstances
• Declaration under Art. 141(8) of the Commerce Act — by the manager
• Declaration under Art. 142 of the Commerce Act — no prohibition on serving as manager
• Bank certificate / deposit slip for capital deposited in the escrow account
• Other documents as applicable — e.g. power of attorney or proof of address

Estimated costs for registering a company in Burgas:

The total cost when filing electronically depends on the current external fees, the bank and notary chosen and whether you already have a QES. There is no additional local fee for registration in Burgas.

Once you receive your UIC, there are several important next steps:

• Register with the NRA — notify the National Revenue Agency office in Burgas Region
• Open a current account — for the company's day-to-day operations in Burgas
• VAT registration — mandatory if turnover exceeds €51,130 in the current calendar year, or voluntary
• BULSTAT registration — if applicable to your business activity
• Choose an accountant — mandatory for maintaining accounting records