Legislation in Bulgaria

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Do you dream about buying a house in Bulgaria, you like a villa on the beach, you have decided to build yourself a house, factory, private factory - all of these options are related to the purchase of land in Bulgaria. To date, the purchase of land or property with land in Bulgaria by foreigners, according to the Bulgarian Constitution, it is not possible. There is one single way of purchase, with register a company and acquire the property by a legal person.

There are a number of companies that can register, but the most common, it is LLC "Limited Liability Company."
In Bulgaria, the following types of businesses are:

- A collective society
- Limited Company
- Limited Liability Company
- Joint company
- A limited partnership with shares
- Self-employed
All but the private, are legal entities. The founders of these firms may be Bulgarian or foreign natural and legal persons. They should all be included in the commercial register by the decision of the district court in the location of the firm. Also a requirement to register a company in Bulgaria, is the tax authorities, statistical offices, social insurance fund.
According to the latest changes in the law on registration of companies in Bulgaria, eliminated the need for capital in the form of a considerable sum of money before she was 5000 lv, and now she is only 2 lv. The firm does not require the personal participation of its co-founders, no one runs the risk of large sums of money, the society can be represented and managed by one or more persons, and the composition of the co-sponsors can be changed after registration of the firm.

"In Bulgaria Real estate" LLC provides our clients with the possibility of registering a company in Bulgaria by our lawyers. The entire registration process usually takes from 5-10 days, and costs 300 euro.