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07.06.2010 Compulsory Re-registration of Bulgarian Companies
BULGARIAN PROPERTIES
The Law on the Trade Register applicable to the activities of all Bulgarian companies, which came into force on 1.01.2008, states that all existing companies registered before January 2008 must be re-registered in the new online register by 31.12.2010. If this is not done, they will be removed from the register of companies in Bulgaria resulting in loss of their assets (including properties in Bulgaria).
In 2009, in order to stimulate the Bulgarian economy, the government adopted a new company registration law making the registration procedure much easier thus facilitating the property buying process. The new law states that the minimum foundation capital for establishing a limited liability company is only 2 BGN (about 1 EUR).
All owners of companies in Bulgaria are advised to use the services of professional accountants to help them with their bookkeeping and with the submission of their annual tax declarations.
If you have any questions, please send us an enquiry.
Read more about the Annual Financial Reports for Company Owners
Read more about the New Trade Register and Registrations of Companies in Bulgaria
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Copyright: 2010 Bulgarian Properties Ltd. All rights reserved. For further information or advice please contact us on tel.: +359 2 9 11 50 or e-mail: info@bulgarianproperties.com. The use of this article by third parties is allowed only with proper quotations of the source www.BulgarianProperties.com and the Author of the article. The data in this material has been collected by the Author and Bulgarian Properties Ltd. and is presented for information purposes only. We have made every effort to ensure the accuracy of the data. However, Bulgarian Properties Ltd. cannot be held responsible for loss or damage as a result of decisions made based on the information presented in this article.
© Bulgarian Properties Ltd. 2010
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20/February/2012
bulgariaski.com
A lot of snow, music, shows on the ski runs and a real constellation of famous stars - this is how Bulgaria's top ski resort of Bansko looked before the start of the World Ski Cup.
The legendary skier Alberto Tomba arrived in Bansko just a few hours before the ski race. Tomba first arrived in Sofia and was transferred to Bansko by a helicopter. Bansko also welcomed half of the mem... read more
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08/September/2011
Monitor Daily, 06.09.11, excerpt
In the last few months we are witnessing an increased interest from foreigners in properties in villages in Bulgaria. The main reason for that are the lower prices of rural houses – they fell by almost 50% since the beginning of the credit crunch. However, renovated and well furnished houses with a nice view cost a lot more. Potential foreign buyers are also very interested in such houses but deal... read more
21/July/2011
BULGARIAN PROPERTIES
The 14th edition of the ever popular International Jazz Festival in Bansko – Bansko Jazz Fest - will take place between August 8th and August 13th in the resort of Bansko, like every year since its founding in 1998. Bansko Jazz Fest is the biggest summer music festival in Bulgaria. Its great popularity among musicians and fans from all over the world has turned it into one of the most important cu... read more
20/March/2012
www.propertyshowrooms.com, 19 March 2012, excerpt
The value of real estate in Bulgaria has fallen by approximately 50 per cent since its peak in 2008, with both ski and beach resorts hit the hardest by the downturn in the market.
This is according to chief operations manager of Bulgarian Properties Polina Stoykova, who explained that,... read more
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