| |
|
NOMINAL
LTD - Accounting
& Bookkeeping |
"Nominal" Ltd
- Bulgaria, Burgas is
an accounting company,
specialized in outsource
services in the field
of accounting, bookkeeping,
payroll, legal and tax
consulting. We offer
high quality express
accounting services
for persons and companies
from all over the world
in every district in
Bulgaria.
|
|
|
|
 |
|
REGISTRATION AND RE-REGISTRATION OF
A COMPANY:
|
Set
up a company:
|
| Non-resident
persons still could own a land or plots
through a company registered on the territory
of Republic of Bulgaria under the local
requirements, which company shall be entitled
to buy the property as an independent
legal person. There is no need to have
a Bulgarian partner or manager of the
company - any foreign person can register
and own 100% of the shares of a Bulgarian
company. It will be a regular registered
limited company, which can also trade
and you can do business with it if you
wish. Tax conditions in Bulgaria are very
favourable for starting a business. It
is no needs to trade in anyway. According
to the Commercial act the documents for
set up of commercial companies have to
be submitted to the Commercial register.
It will check it and take decision to
register or to not register the company.
Its refusal could be appealed before the
Court of second instance and the decision
of the court could be appealed before
the Supreme Court, which decision is final.
|
The registration
should take 2-3 days, but it depends
of the workload of Commercial register
itself. The minimum required capital
is BGN 2.00 or aapproximately one EUR.Every
company should have at least one shareholder.
Before starting the procedure you have
to pay attention to the following details: |
1.Name of
the company
You should suggest two or three alternative
names, in case that some of them are
already reserved. |
| 2. Manager
Every company should have at least one
Manager, usually the main shareholder,
so please, provide us this person's
details. |
3. The address
According Bulgarian regulation every
company should has a registered address.
Usually it is the address of s realty
possesed by the company, or different
address provided by our comany. |
| After choosing
the name for the company, we can check
its availability. After that we will submit
an Application for registry. This form
also needs to be notarized, along with
few more documents. In order to fullfil
correctly your papers, please send us:
Name(s) of the company, the shareholder
/ shareholders details and copies of the
passport or ID cards, percentage of shares,,
the manager, the address. In order to
avoid certain fraud attempts, the Managers
must sign the forms personally in front
of a Notary Public. It is recommended
to notarize needed documents in Bulgarian
Consulate in your country. |
| |
| Re-registration
of an existing company: |
| Recent amendments
to the Commercial Register Act requires
re-registration of all commercial companies
on the territory of Bulgaria. Bulgarian
companies have to comply with the commercial
register act (electronic commercial register).
The time period for re registering your
Bulgarian company expires 31 December
2010. The re-registration is applied only
to those Bulgarian Companies which were
created prior to January 2008, as they
have been entered into the register. Failure
to register or re-register will result
in the loss of the company and its assets
(property, land etc.) and you will also
incur a fine and will have to pay for
the procedure to close the company. This
could result in the company be broken
down and sold off and may still be in
the situation of owing money to the Bulgarian
Government, which may follow you to your
residential address. |
We can take
care of the this procedure on your behalf,
through the following steps:
| 1. The manager
and the shareholders of the company
will be asked to sign an official
Power Of Attorney in Bulgarian language
and a Application form for the completion
of the process. They have to be
singed and notarized in BG Consulate.
Please, return the documents to
our office. |
| 2. Choose
a convinient option to make a payment
and inform us when it's done. |
| 3. After
the procedure is done you will receive
a notification and can check your
status at the official Commercial
register web site: www.brra.bg |
Beside this
requuirement, you have to "re-register"
every change in your company status
- shareholders, capital, addreess, managment
etc. |
| See the
PAYMENT
OPTIONS
for details. |
| See the
FEES
page. |
| NOTE: After
registration or re-registration you have
to submit your annual financial reports
to the Comercial register till 30th of
June every year. The Commercial register
requires all companies financial reports
from 2007 up to now. For example - if
your company is re-registered in 2010
you have to submit reports for 2007, 2008
and 2009. For doing it on your behalf
we need notaryzed Power Of Auttorney which
you can register in Bulgarian consulate
if you are not in Bulgaria at the moment.
For requiesting the POA text please, contact
us. Please, pay attention that Commercial
register requires a fee for publishing
your company Financial statement which
is NOT included in our fee and it is payable
separately. |
|
|
| |
|
