Valsen Corporate

Bulgaria LLP

Bulgaria LLP

  • Bulgaria Limited Liability Partnership (LLP) is a new corporate structure that combines the flexibility of a partnership and the advantages of limited liability of a company at a low compliance cost. In other words, it is an alternative corporate business vehicle in Bulgaria that provides the benefits of limited liability of a company, but allows its members the flexibility of organizing their internal management on the basis of a mutually arrived agreement, as is the case in a partnership firm. Owing to flexibility in its structure and operation, it would be useful for small and medium enterprises, in general, and for the enterprises in services sector, in particular. Internationally, LLPs are the preferred vehicle of business, particularly for service industry or for activities involving professionals.

  • Key Features of Bulgaria LLP

    Bulgaria (Limited Liability Company).

    Corporate Details

    General
    • Type of Entity

    Limited Liability Partnership.
    • 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

    Directors
    • Minimum number

    One
    • Local required

    Yes
    • Publicly accessible records

    No
    • Location of meetings

    In Bulgaria
    • Corporate directorship allowed

    Yes

    Members
    • Minimum number

    One
    • 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 A Bulgarian LLP is Tax exempted. Duration for set up the Company One month.
  • Distinctive Advantages of Bulgaria LLP
    • A Bulgarian Limited Liability Partnership 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 0% on Global Profits for a partnership, 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

    • Bulgaria Offering