The main forms of companies

Published on Feb 18, 2015

Before setting up a company you have to be aware of the diffrent types of companies in Bulgaria. Equivalent to the LLC, the Bulgarian limited liability company "OOD" is the most suitable form of registering a foreign company in Bulgaria. It can have one or many partners that can be ...

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Setting up in Bulgaria - As a branch or as a subsidiary?

Published on Feb 18, 2015

According to the Bulgarian law, any foreign company that has a commercial activity in its country of origin can register a branch in Bulgaria. The branch depends on the main foreign company. It does not acquire legal entity, but has a registered office, managers and property. In the same way as ...

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What are the advantages and disadvantages of establishing a joint venture in Bulgaria?

Published on Dec 19, 2014

The joint venture is an association or partnership between two or more undertakers in order to form a strategic alliance that will provide benefits including competitive market and lower costs. However, we must also take into account the disadvantages borne by the creation of a joint ...

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