Fees Bulgarian LLC total setup costs amounts to €8,360 on average per engagement, including Bulgaria company incorporation, corporate bank account setup, legal registered office and all government registration fees. Maintenance costs in year 2 and thereafter average €1,200, not inclusive of accounting, tax and audit services.
Different Bulgaria entity types Average engagement costs Average engagement timeline Draft invoice Tax resident LLC €8,360 11 weeks Branch of a foreign company €8,160 12 weeks Representative office €8,260 11 weeks Joint stock company €9,160 13 weeks Subsidiary LLC €8,360 11 weeks Holding company LLC €8,360 12 weeks Free zone company €13,400 13 weeks Fast business setup solution €14,230 2 weeks LLC with employment visas €8,360 11 weeks Sole proprietorship €7,980 11 weeks Limited partnership €8,680 12 weeks Click here to create your own Bulgaria invoice
Select the services you require and get the total fees at end of this table:
The average engagement period for Bulgaria company formation is 11 weeks as outlined below:
Services LLC FTZ JSC Branch Representative office Sole proprietorship Limited partnership Engagement planning 1 week 2 weeks 1 week 1 week 1 week 1 week 1 week Company incorporation 2 weeks 2 weeks 2 weeks 3 weeks 2 weeks 2 weeks 2 weeks Corporate bank account approval 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks 4 weeks Corporate internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks Engagement completion 1 week 1 week 1 week 1 week 1 week 1 week 1 week Total engagement period 11 weeks 12 weeks 11 weeks 12 weeks 11 weeks 11 weeks 11 weeks Preparing a detailed project plan; Our Client confirms the corporate structure; Collecting due diligence from our Client. Our Client signs the corporate bank account opening forms; Healy Consultants prepares a business plan; Healy Consultants visits the bank for interview; The Bank Legal and Compliance Department review and approve the banking application; The Bank Front Office email corporate bank account numbers to our client. The Bank Operations Department mails the internet username and passwords to our Client; Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf. Healy Consultants confirms all Client due diligence is received; Healy Consultants couriers to our Client the complete original company and bank account documents; Our Client completes our web page feedback survey; Bulgaria turnkey solution fees