Joint Venture is a company formed jointly by a Bulgarian and a foreign partner. The size of the foreign participation in a joint venture is not limited.

Key Features of Bulgaria Joint Venture Company (AD/AED)

Bulgaria Joint Stock Company Corporate Details

General

  • Type of Entity

Joint Stock Company

  • Registered Office in Saudi Arabia

Yes

  • Shelf company availability

No

Share capital or equivalent

  • Standard currency

Euro

  • Permitted currencies

Any

  • Minimum Paid up capital

25,000

Managers / Directors

  • Minimum number

Three

  • Local required

No

Members / Shareholders

  • Minimum number

One

  • Location of meetings

Anywhere, not required

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

Yes

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

Yes

  • Requirement to file annual return

Yes

Tax treatment

Corporate tax for the Bulgaria Joint Venture Company (AD/AED) is 10%.

Duration for set up of the company

One month.

Advantages of Bulgaria Joint Venture Company (AD/AED)

  • The joint venture enables the pooling of knowledge, finance and technology and allows the development of synergy.
  • The joint venture allows to master new technologies and access to new skills, quickly and economically.
  • Choosing to create a joint venture in Bulgaria can also benefit from a significant tax advantage.

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.