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Bulgaria Private Limited Liability Company (OOD)

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Bulgaria Private Limited Liability Company (OOD)

  • Private Limited Company (a limited liability company)  – “OOD” – It is a commercial company with share capital owned by its members. Liabilities are limited to the amount of the capital of the company. The minimum capital is 1 Euro and must be paid up. The bodies of the private limited companies are the general meeting of shareholders and the managing director or board of directors. Key Features of Bulgaria Private Limited Liability Company (OOD)

    Bulgaria Public Limited Liability Company

    Corporate Details

    General
    • Type of Entity

    Private Limited Liability Company
    • Registered Office in Bulgaria

    Yes

    Share capital or equivalent
    • Standard currency

    Euro
    • Permitted currencies

    Any
    • Minimum paid up

    1

    Directors
    • Minimum number

    1
    • Local required

    No
    • Publicly accessible records

    Yes
    • Location of meetings

    Anywhere
    • Corporate directorship allowed

    Yes

    Members
    • Minimum number

    1
    • Publicly accessible records

    No
    • Corporate shareholder allowed

    Yes

    Company Secretary
    • Required

    Yes
    • Local or qualified

    Yes

    Accounts
    • Requirements to prepare

    Yes
    • Audit requirements

    Yes
    • Requirements to file accounts

    Yes
    • Publicly accessible accounts

    Yes

    Other
    • Requirement to file annual return

    Yes
    Tax treatment The Bulgaria Private Limited Liability Company (OOD) corporate tax is 10%.
  • Duration to set up the Company One month  Advantages of the Bulgaria Private Limited Liability Company (OOD)
    • 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.

    • Bulgaria Offering