How to Open a Company in Bulgaria as a Foreigner
A practical guide for foreigners opening a Bulgarian company, including documents, remote registration, timelines, banking, and VAT.

Opening a company in Bulgaria as a foreigner has become increasingly popular among international entrepreneurs, investors, consultants, trading companies, e-commerce businesses, agencies, and business owners looking for low taxes, affordable operational costs, and full access to the European Union market.
Bulgaria offers one of the most attractive business environments in Europe, combining low corporate taxes, affordable administration, strategic EU positioning, and flexible company formation procedures.
Whether you are planning to relocate your business, start a new company, expand internationally, or legally optimize your taxes within the European Union, Bulgaria can be an excellent long-term solution.
Why Foreign Entrepreneurs Choose Bulgaria
More international business owners are choosing Bulgaria because the country offers:
- 10% corporate tax
- 5% dividend tax
- affordable accounting services
- low operational costs
- EU market access
- flexible business environment
- remote company management opportunities
Compared to many Western European countries, Bulgaria allows entrepreneurs to operate more efficiently while remaining fully compliant within the European Union.
This makes Bulgaria one of the best countries in Europe for company formation and tax optimization.
Can a Foreigner Open a Company in Bulgaria?
Yes. Foreigners can legally open and fully own a Bulgarian company.
Both EU and non-EU citizens can register a company in Bulgaria without needing Bulgarian citizenship or permanent residency.
Most foreign entrepreneurs choose to register:
- Limited Liability Company (OOD / EOOD)
- trading company
- consulting company
- international business company
- e-commerce company
- import/export business
- logistics company
- IT or SaaS company
The most common structure is the Bulgarian Limited Liability Company because it is flexible, affordable, and suitable for international business activities.
What Documents Are Required?
To register a company in Bulgaria as a foreigner, the standard documents usually include:
- passport copy
- company name
- registered business address
- power of attorney (for remote registration)
- company activity description
Depending on the specific business activity, additional documents may sometimes be required.
For the fastest and most efficient setup process, clients can consult with Lion Consult to receive professional guidance based on their exact business activity and goals.
Our team provides:
- full company registration assistance
- company registration address
- remote company formation
- preparation of all required documents
- personalized business consultation
- guidance for the easiest and most effective registration structure
In most cases, the company registration process can be completed within 2 to 3 business days.
Can You Open a Bulgarian Company Remotely?
Yes. One of Bulgaria's biggest advantages is the ability for foreigners to open a company remotely.
Many international entrepreneurs manage their Bulgarian businesses entirely online without relocating physically to Bulgaria.
Remote services may include:
- company formation
- VAT registration
- accounting setup
- document preparation
- legal assistance
- ongoing company administration
This flexibility makes Bulgaria attractive for international companies and entrepreneurs from various industries worldwide.
How Long Does Company Registration Take?
In most cases, registering a company in Bulgaria is a relatively fast process.
With proper preparation and professional assistance, company registration can often be completed within 2 to 3 business days.
The timeline may vary depending on:
- business activity
- document preparation
- bank procedures
- VAT registration requirements
Banking Solutions for Foreign Entrepreneurs
After the company registration process is completed, Lion Consult fully assists clients with organizing business banking and financial solutions.
Depending on the business model and operational needs, we can assist with:
- opening business bank accounts
- alternative fintech solutions
- international payment systems
- low-fee banking solutions
- banking tools with minimal or no monthly fees
- optimized payment structures for international businesses
Our goal is to make the process simple, efficient, and fully optimized for foreign entrepreneurs operating internationally.
VAT Registration in Bulgaria
VAT registration may be required depending on:
- annual turnover
- EU transactions
- international trade
- e-commerce activities
- services provided within the European Union
As an EU member state, Bulgaria operates under the European VAT system, making it highly suitable for international businesses working with European clients and suppliers.
Why Bulgaria Is Attractive for International Businesses
Bulgaria is becoming one of Europe's leading destinations for international entrepreneurs and companies across multiple industries.
The country offers strong opportunities for:
- trading companies
- consulting businesses
- e-commerce companies
- logistics operations
- IT companies
- SaaS businesses
- international agencies
- import/export companies
- freelancers and self-employed professionals
- investment projects
Key advantages include:
- low taxes
- affordable business costs
- EU market access
- flexible administration
- international credibility
- strategic European location
- remote management opportunities
This combination makes Bulgaria an excellent destination for building and scaling an international business.
Final Thoughts
Opening a company in Bulgaria as a foreigner is one of the most effective ways to access the European market while benefiting from one of the most attractive tax systems in Europe.
Whether you are starting a new company, relocating your business, or expanding internationally, Bulgaria offers long-term advantages for entrepreneurs and international companies in 2026.
Lion Consult assists international clients with:
- company registration in Bulgaria
- accounting and bookkeeping
- VAT registration
- tax optimization
- remote business management
- banking assistance
- full business support
Our team can guide you through the entire process quickly, professionally, and remotely.