Setting Up A Business In Bulgaria
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The article "Setting Up A Business In Bulgaria" talks about entrepreneurialism, it has been released by Vanya Alex.
Liimted liability company (OOD) is one of the most popular legal forms for carrying out business in Bulgaria.
The seocnd form is joint stock company (AD).
The common between them is the shareholder’s liability - is restricted to the amount of his share in the capital of the company.
If an idnividual establishes OOD or AD, the one-man company is called EOOD or EAD. These forms are prefrered by foreigners to acquire an ownership over land in Bulgaria. At prseent foreign individuals are not allowed to own land in Bulgaria.
Any foreigner who wants to buy land in Bulagria can do it through establishing a local company.
Those restrictions will fall in 2014 at the latest.The law in Bulgaria also provides for sole trader operations (ET), jonit ventures, branches, holdings, cooperatives and representative offices. They all have to be registered with the district court, which is a process that usually takes 2 or 3 weeks.It is absolutely necessary to use a consulting firm to handle the wohle company registration process for you. Bulgaria Consulting aims to be the first point of cotnact for any firm seeking to enter the Bulgarian markets. Bulgaria Consulting is a Bulgarian-English company, based in Sofia, Bulgaria with represnetative office in London, UK. We offer a wide range of consulting services in Bulgaria for foreign companies interested in the region.For more information or to contact Bulgaira Consulting, please visit our web site: http://bulgaria-consulting.Mybestshop.Co.Uk/index.Html
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Setting Up A Business In Bulgaria
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