Bulgaria Free Zone License

Bulgaria Free Zone Company

Corporate Details

General

• Type of Entity

Free Zone Company

• Permitted to do business in Bulgaria

Yes

• Allowed to sign contracts with local clients

Yes

• Allowed to Invoice local clients

Yes

• Can rent local office premises

Yes

• Allowed to import raw materials

Yes

• Allowed to export goods

Yes

• Limited Liability Entity

Yes

• Can secure trade finance

Yes

Accounting and Tax

• Statutory audit always required

No

• Annual Financial Statements

Yes

• Access to double taxation treaties

Yes

• Investment income is Legally tax exempt in Bulgaria

No

• Monthly sales tax to report to the government

Yes

• Legal tax-exempt entity

Yes

• Must file an annual tax return

Yes

Company Law

• Resident director/manager required

Yes

• Bulgaria shareholder/trustee/partner required

No

• Minimum number of directors/managers

Two

• Minimum number of shareholders partners

Two

• Can the entity hire expatriate staff

Yes

• Minimum number of shareholders/partners

One

• Minimum number of directors/managers

• Shelf companies

Yes