Joint Stock Company

Formation of Joint stock company in Bulgaria

This professional service is intended for business people who are looking for an "all-inclusive" incorporation package, either in Sofia or any other city.

Our Service Includes

  • Preparation of all documents for the company formation
  • Translation of the company documents in English
  • Legalisation of documents notarised abroad
  • Depositing the company capital into a capital raising account
  • State fees and revenue stamps
  • Providing Certificate of Incorporation and Articles of Association translated in English

Optional Services

  • Registered and mailing address
  • Opening bank accounts with Bulgarian bank
  • Creation of a stamp
  • VAT Registration
  • Accounting for 1 year
  • Corporate Identity
  • Company Website

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In its definition the Joint stock company (JSC, also known as AD in Bulgaria) stands for a company liable only with its own property. The shareholders are also liable for the JSC’s obligations (only to the extent of their deposited amounts). 25 000 EUR (or 50 000 BGN) is the minimum capital, which is divided in shares and spread to the shareholders, depending on their individual rates. Meaning that the sum of all shares forms the capital of the company. Shares have the ability to be traded and in that point the shareholders are entitled to participation in the profit distribution and other benefits. The JSC can provide additional financial resources for its activities by selling obligations, which represent means for external financing. After the name of the company stays EAD, which means that there is only one shareholder, or AD for two or more shareholders in the company. They bold (EAD and AD) refer to JSC.

Name restrictions

The client may choose a name which must be unique. Contact our customer services center in order to check if a specific company name is available.

Local address requirement

Yes

Minimum share capital

50000 BGN (equals to 25000 EUR), but the company can be registered with just 12500 BGN start capital (equals to 6400 EUR) and the rest to be paid up in the next years.

Minimum number of directors

3 of any country

Director eligibility

Individuals and legal entities

Minimum number of shareholders

1 of any country

Shareholders eligibility

Individuals and legal entities

Type of shares

Bearer or Registered

Legal form

AD or EAD (corresponds to Joint stock company)

Requirement for a local director or a shareholder

No, but using a local nominee director or a shareholder is recommended under certain circumstances

Requirement for accounting

Yes

Corporate flat tax rate 10% on the net profit
The documents required for performing this service are as follows:
  • Valid international or domestic passport, or national ID card of each of the directors (and shareholder, provided those are different individuals);
  • Notary certified specimen signature of each director;
  • If the company’s shareholder shall be a foreign legal entity, you shall need a document proving the existence of said legal entity and a copy of its articles of association.

Special Notes

No payment is required during the order process
You will receive an email from EU Incorporate with instructions related to the means of payment selected by you in the order form.
Money back guarantee
All payments made by clients and agents have a 5-day money back guarantee. The guarantee is full and covers all services, methods and conditions of payment. In case a client or an agent requests a refund, he shall do so in writing no more than 5 days after the payment receipt. If such request does not fall in the category of the exceptions below, the remaining balance shall be refunded pro rata, after deducting all costs incurred so far.