How much does it cost to start a company in Bulgaria?

How much does it cost to start a company in Bulgaria?

The price for a company registration if the shareholders and the manager of the new company are in Bulgaria is 140 euros (Final Price). Remote registration price is 280 euros and includes the opening of escrow account (start-up (escrow) capital bank account with the minimal required equity capital of 1 EUR).

Can a foreigner own a property in Bulgaria?

According to Bulgarian law, foreign citizens of EU countries or the European Economic Area (EEA) have the right to buy property in the country, including land. This also means that foreigners can invest in property in Bulgaria – either through a local legal entity or personally.

What does regulated land mean in Bulgaria?

Why buy land in Bulgaria? Buying regulated land in Bulgaria means that immediately after you have the notary deed in your hands you can make an architectural plan and get a permission to start building.

How do I start a business in Bulgaria?

Starting a Business It takes almost three weeks to start a business in Bulgaria, most of which is spent registering with the Commercial Register at the Registry Agency and filing for VAT. A deposit should be paid in full to a Bulgarian bank and articles of incorporation must also be completed.

How much does it cost to sell a house in Bulgaria?

Its amount varies but in most of the cases it is 3% of the property market value. It is not only the buyer who uses the services of the real estate agents in Bulgaria, in most of the cases the sellers also do and also pay their commission.

Is Bulgaria a good place to buy property?

Bulgaria has proved to be a preferred destination for many international buyers. It offers the best property prices in Europe and a variety to choose from – beach and ski resorts, vibrant cities and beautiful countryside for holiday or relocation.

Do I need a visa for Bulgaria?

you can travel to Bulgaria for up to 90 days in any 180-day period without a visa. Visits to Bulgaria do not count towards your 90-day visa-free limit in the Schengen area. to stay longer, to work or study, for business travel or for other reasons, you will need to meet the Bulgarian government’s entry requirements.

How much does it cost to buy a house in Bulgaria?

The fee depends very much on the property market value plus a fixed amount. For properties with price from 5 000 to 25 000 euro, the notary fee is 80 euro plus 0.8% of the 5 000 euro surplus. For properties that cost between 25 000 and 50 000 euro, the fee is 245 euro plus 0.5% of the 25 000 euro surplus.

How do I sell a house in Bulgaria?

Synopsis of Sale Process and Conveyancing:

  1. Agree the price with a buyer.
  2. Collect deposit.
  3. Appoint either the agent or a solicitor to represent you in Bulgaria for the sale.
  4. Scan and send documents to your Agent or Solicitor; deeds, marriage dates, divorce dates, address, passports etc.

How expensive is it to live in Bulgaria?

Family of four estimated monthly costs are 1,770$ (2,925лв) without rent. A single person estimated monthly costs are 508$ (840лв) without rent. Cost of living in Bulgaria is, on average, 45.38% lower than in United States….Cost of Living in Bulgaria.

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Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.54

What is the main religion of Bulgarians?

The main religion of the country as tradition from IX is officially the Eastern Orthodox Christianity. It is professed by 82.6% of the population of Bulgaria.