Registration of Bulgarian Companies in the Online Trade Register
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 must be registered in the new online register by 31.12.2011. If this is not done, they will be removed from the register of companies in Bulgaria resulting in loss of their assets (including properties). After 31.12.2011 the companies that are not reregistered as per the requirements of the Trade Register will not be allowed to sell their properties.
So, if you have a company in Bulgaria, IT IS VERY IMPORTANT to organise your company registration on the online Trade Register as soon as possible. Our lawyers will be ready to help you go through the whole process and act on your behalf.
Contact us for starting the process
Here is more information about the procedures:
You can start the registration process either when you come to Bulgaria, or from abroad. Just let us know about your plans and we will be able to advise about the easiest way to do this. Our lawyers will be able to prepare all documents and send them to you to sign and return by post.
The Law also requires that all Bulgarian companies, no matter whether they are trading or not, publish their financial reports in the online register, starting from the reports for 2007. This should be done within 3 months after their company re-registration. This is also something that our lawyers and accountants can do for our clients.
The website of the online Trade Register is: www.brra.bg - it is available only in Bulgarian for now.
If you have any queries you can contact us by e-mail or call our Head Office at +359 2 9 11 50.