This table summarizes the procedures and costs associated with setting up a business in Bulgaria.
| Nature of Procedure (2006) |
Proc # |
Duration
|
US$ Cost |
| Check if chosen name is available at the IS /information services; get certificate for the registered name |
1 |
1 |
63.01 |
| Obtain notary certified consent with a specimen of the signature of the company manager, certified Articles of Incorporation (2 copies, one to court, one to bank), and notarized Appendix to Articles of Incorporation (indicating that a general meeting agre |
2 |
1 |
30.25 |
| Deposit paid-up capital in a bank |
2 |
2 |
18.90 |
| Pay the court fee at the Treasuryr |
4 |
1 |
00.0 |
| Register at the Commercial Register at the District Court |
5 |
12 |
76.56 |
| Publish in the State Gazette |
6 |
15 |
18.90 |
| Make a company seal |
7 |
1 |
25.21 |
| Register with BULSTAT within 3 days of court registration |
8 |
1 |
37.81 |
| Register for VAT |
9 |
1 |
0.32 |
| Totals: |
9 |
39 |
$270.96 |
|
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