Public Limited Company (a joint stock company) –  “AD” – it is a commercial company with share capital owned by its members whose liability is limited to the amount of the capital. Company must have two or more persons, foreign individuals or legal persons are allowed. The minimum capital is BGN 50,000, increasing to BGN 100,000 if the capital is raised by a public offer.

Key Features of Bulgaria Public Limited Liability Company (AD)

Bulgaria (Limited Liability Company).

Corporate Details

General

  • Type of Entity

Public Limited Liability Company.

  • Registered Office in Bulgaria

Yes

  • Shelf company availability

Yes

  • Access to Double Taxation Treaties

Yes

Share capital or equivalent

  • Standard currency

Euro

  • Permitted currencies

Any

  • Minimum paid up

2 Euros

Directors

  • Minimum number

1

  • Local required

Yes

  • Publicly accessible records

No

  • Location of meetings

In Bulgaria

  • Corporate directorship allowed

Yes

Members

  • Minimum number

1

  • Publicly accessible records

No

  • Corporate members allowed

Yes

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

No

  • Publicly accessible accounts

No

Other

  • Requirement to file annual return

No

  • Migration of domicile permitted

No

Tax Treatment

The Bulgaria Public Limited Liability Company (AD) is corporate tax is 10%.

Duration to set up the company

One Month

Advantages of Bulgaria Public Limited Liability Company (AD)

  • A Bulgarian Limited Liability company can be incorporated within two weeks, with a minimum of one shareholder and one director ,who may be foreigners residing outside the country.
  • Registering a Business in Bulgaria enables a client to Legally minimize tax because;
  • Bulgaria tax rate is flat 10% on Global Profits, The second Lowest in European Union.
  • Additional Government Incentives for Investment projects.

     The Valsen Advantage

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