Yes. Bulgarian company law explicitly permits registration through an authorized representative acting under a notarized Power of Attorney. This is a standard procedure fully recognized by the Bulgarian Commercial Register and all courts and authorities.
Remote Company Registration in Bulgaria
Register via Power of Attorney — No Travel Required
100% Remote Process
1–3 Weeks End to End
€1,000 Legal Fees from
€400 Legal Address / yr
KEY FACTS
100% Remote — no travel required
3–5 Business days at the registry
€1,000 Legal fees from
€400 Legal address per year
Register a Bulgarian company without leaving your country
One of the most common questions we receive from foreign entrepreneurs is: “Do I need to travel to Bulgaria to set up a company?” The answer, in the vast majority of cases, is no. Bulgaria for Business VCC has built a fully remote company registration process that allows founders based anywhere in the world to establish a legally compliant, fully operational Bulgarian company — without a single trip to Bulgaria.
The cornerstone of this process is the Power of Attorney (POA) — a legally recognized instrument under Bulgarian law that authorizes our team to represent you in all registration procedures before the Commercial Register, notaries, and banks. Below you will find everything you need to know about how the process works, what documents are required, and what it costs.
IMPORTANT: The remote registration process relies on a notarized and apostilled Power of Attorney (POA), which authorizes our Bulgarian legal team to act on your behalf in all registration procedures. This is a standard, widely used instrument fully recognized by the Bulgarian Commercial Register, all courts, and state authorities.
The remote registration process — step by step
The process is organized into three phases. Phase 1 is completed in your country; Phases 2 and 3 are handled entirely by our team in Bulgaria. You are kept informed at every step.
Phase 1 — Preparation — completed in your country
1 — Initial consultation & structure decision
Free consultation
We assess your business model, planned activities, and shareholders. We recommend the optimal legal form (typically OOD or EOOD) and provide a fixed-fee proposal within 24 hours.
Video call or email — no commitment required
2 — Document package prepared by our team
Drafted by legal team
We draft the Articles of Association, the Power of Attorney template, the director’s declaration, and all supporting forms — tailored to your situation and translated as needed.
Drafts delivered within 2 business days
3 — Notarize & apostille the Power of Attorney
Country-specific
You sign the POA before a notary in your country of residence. The document is then apostilled (Hague Convention countries) or legalized through the Bulgarian consulate. We provide exact country-specific instructions.
Timeline varies by country: typically 3–10 days
4 — Send originals to Bulgaria
Courier
The apostilled POA and any required originals are couriered to our Sofia office. We recommend DHL or FedEx with tracking. We confirm receipt and verify all documents upon arrival.
Courier cost not included — typically €20–60
Phase 2 — Registration in Bulgaria — handled by our team
5 — Share capital deposit
From €1
We open a capital deposit account at a Bulgarian bank and deposit the statutory minimum share capital (BGN 2 for OOD). The bank issues a certificate confirming the deposit — required for registration.
Completed within 1–2 business days of receiving originals
6 — Notary certification in Bulgaria
Notary
Our attorney attends the Bulgarian notary to have the Articles of Association and director’s specimen signature certified — acting under the Power of Attorney you provided.
Completed same day or next business day
7 — Filing with the Commercial Register
3–5 business days
The full application package is submitted to the Registry Agency (Агенция по вписванията). The registration is confirmed and your company is published in the public register.
3–5 business days processing time
8 — Legal address activated
€400/year
Your company is registered at our legal address in Bulgaria. Mail is received, scanned, and forwarded to you. The address appears in the Commercial Register and satisfies all statutory requirements.
€400/year — activated upon registration
Phase 3 — Post-registration handover
9 — Registration certificate & company documents
Handover
We deliver your Certificate of Registration (Удостоверение за вписване), UIC/BULSTAT number, certified Articles of Association, and full company file — by email, with originals couriered on request.
Delivered within 1–2 days of registration
10 — VAT registration (optional but recommended)
Included in packages
Voluntary VAT registration is available from day one and strongly recommended for companies operating B2B within the EU. We handle the NRA application and all correspondence.
Included in our accounting packages
11 — Corporate bank account opening
Advisory
We assist with transitioning the capital deposit to a full current account, and advise on banking options — including banks that accept non-resident clients with minimal or no in-person requirements.
Bank choice advisory included in the service
Documents you need to provide
Our team prepares all templates and provides instructions. You are responsible only for signing the Power of Attorney before your local notary and arranging apostille or legalization. All other documents are prepared by us.
- Passport / ID copy — Valid passport or national ID of all shareholders and the appointed director. Color scan, all pages visible.
- Power of Attorney — Signed before a notary in your country. Apostilled or consularly legalized depending on your country’s treaty status with Bulgaria.
- Articles of Association — Drafted by our legal team. You review and approve — no need to sign in person in Bulgaria.
- Director’s declaration — Statutory declaration confirming criminal record clearance and legal capacity to act as director of a Bulgarian company.
- Proof of address — Recent utility bill or bank statement in the founder’s name — required by some banks for account opening (KYC).
- Source of funds declaration — Simple declaration confirming the source of share capital — required for banking compliance (AML/KYC regulations).
APOSTILLE NOTICE: The apostille requirement applies to countries that are signatories of the 1961 Hague Convention. For countries outside the Convention — including some CIS states — consular legalization through the Bulgarian embassy or consulate in your country is required instead. Our team provides country-specific guidance at no extra charge.
Countries we serve
We handle remote registrations from clients based worldwide. The table below lists the most common regions. If your country is not listed, contact us — we will advise on the applicable procedure.
United Kingdom
UAE & Gulf States
Turkey
Israel
EU member states
USA & Canada
China & Asia-Pacific
What remote registration costs
All fees are fixed and confirmed in writing before you commit. The table below shows the complete cost breakdown for a standard OOD formation via Power of Attorney. Items marked with an asterisk (*) are country-dependent and paid locally by the client.
| Item | Amount |
|---|---|
| Bulgaria for Business VCC legal fee (company formation) | From €1,000 |
| State registration fee (OOD at the Commercial Register) | ~€80 |
| Bulgarian notary fees (Articles, specimen signature) | ~€60–100 |
| Legal address / registered office — annual fee | €400 / year |
| Apostille / notarization in your country (estimated *) | €50–200 |
| Courier — originals to Bulgaria (estimated *) | €20–60 |
| ESTIMATED TOTAL — first year | From ~€1,610 |
* Apostille and courier costs are estimates and vary by country and service provider. All other fees are fixed. A detailed cost breakdown is included in your personalized proposal.
Frequently Asked Questions
For company registration — no. Our process is entirely remote. For corporate bank account opening, some Bulgarian banks may request a one-time in-person KYC visit. We advise on the most suitable banking options, including banks that accept non-resident clients remotely.
Typically 2–4 weeks: 1–2 days for document preparation, 3–10 days for apostille in your country, 2–5 days courier transit, then 3–5 business days for Commercial Register processing. We provide a country-specific timeline estimate at the consultation stage.
Documents from non-Convention countries require consular legalization at the Bulgarian embassy or consulate in your country. This adds 2–3 extra weeks but is a standard procedure we handle regularly for clients from Russia, Ukraine, and other CIS countries.
We recommend a specific POA — limited to the actions required for company registration. We provide the exact template; you simply sign before your local notary. This is the standard approach under Bulgarian practice and provides clarity for the Commercial Register.
Yes — every Bulgarian company is legally required to have a registered address in Bulgaria. For remote founders without a physical office, our legal address service (€400/year) satisfies this requirement. The address is listed in the Commercial Register and used for all official state correspondence.
Yes. Once registered, your Bulgarian company can be managed entirely from abroad. Bulgaria for Business VCC offers ongoing accounting, tax filing, VAT compliance, legal correspondence handling, and HR support — all delivered remotely with regular reporting.
Start your remote registration today
Free initial consultation · Fixed-fee proposal · Multilingual team
Bulgaria for Business VCC — Your Trusted Partner for Business Expansion into Bulgaria and the European Union. All information is provided for general guidance. For advice specific to your situation, please consult our team directly.