Fees and timelines in 2024

Fees

pay fee by instalmentsThe average fee per Bulgaria engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:

Different Bulgaria entity types Average engagement costs Average engagement timeline Draft invoice
Tax resident LLC €10,460 11 weeks View invoice PDF
Branch of a foreign company €8,160 12 weeks View invoice PDF
Representative office €8,260 11 weeks View invoice PDF
Joint stock company €9,160 13 weeks View invoice PDF
Subsidiary LLC €8,360 11 weeks View invoice PDF
Holding company LLC €8,360 12 weeks View invoice PDF
Free zone company €13,400 13 weeks View invoice PDF
Fast business setup solution €14,045 2 weeks View invoice PDF
LLC with employment visas €8,360 11 weeks View invoice PDF
Sole proprietorship €7,980 11 weeks View invoice PDF
Limited partnership €8,680 12 weeks View invoice PDF

Click here to create your own Bulgaria invoice

Timelines

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

bulgaria business registration engagement period timeline

  • 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 feesturnkey solution

Contact us

For additional information on our company registration services in Bulgaria, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Senior Manager, Sales and Business Development
  • Get in touch
Bulgarian chamber of commerce and industry Bulgaria financial supervision commission Bulgaria government Central bank of the Republic of Bulgaria - Bulgarian national bank