1 / 13

Regional Business Development through the use of ICT-RBDICT

Regional Business Development through the use of ICT-RBDICT. How to establish a company in Bulgaria?. Legal requirements.

kacy
Télécharger la présentation

Regional Business Development through the use of ICT-RBDICT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Regional Business Development through the use of ICT-RBDICT How to establish a company in Bulgaria?

  2. Legalrequirements • ForeigncitizensandenterprisesmaysetupcompaniesinBulgariaunderthesame conditions asBulgariancitizensandlegallyresidentpersons. The conditions aresetoutintheBulgarianCommercialCode (TZ). www.rbdict.eu 14/12/2012

  3. Legalforms of carryingon a business • Limitedliabilitycompany (OOD) ; • Publiccompany(AD) • Soletrader www.rbdict.eu 14/12/2012

  4. Therules of runninga business • PublicOffering of SecuritiesAct (ZPPTsK) • FinancialInstrumentsAct (ZPFI) • SpecialInvestmentPurposesAct (ZDSITs) Somestandardrequirements to becompletedwhensettingup a businessarethesameaswhenopening a branch www.rbdict.eu 14/12/2012

  5. Branches • Thestatus of branches of foreignbusinessesissubject to theCommercialCode(TZ). A branchisnotanindependentlegalperson, butpart of theparentcompany, eventhoughitmayhave a differentlocation, a differentmanagementanditsownassets. Branchesmustkeeptheirownaccountsasindependenttradersanddrawupanannualbalance-sheetattheend of eachyear www.rbdict.eu 14/12/2012

  6. Branches/Registration • An authenticatedextract of thebank'sregistrationcertificate; • Bankingactivity; • Articlesof incorporation; • Aplan; • Theorganisationalstructureof thebranch; • Annualfinancialreportsforthepastthreeyears; • Writtenagreementfortheopening of a branch; • Awrittendeclarationfromthebankingauthoritiesinthebank'scountry of origin; • Detailsof thepersons, responsibleformanagingthebranch; • Otherinformationanddocuments; www.rbdict.eu 14/12/2012

  7. Branches/Registration • ThebranchmustbeenteredintheCommercialregisterkeptbytheRegistryAgency; • ThebranchmustbeenteredintheCommercialregisterkeptbytheRegistryAgency; • Applications to register a brancharemadeon a formwhichmaybesubmittedelectronicallyorinhardcopy. www.rbdict.eu 14/12/2012

  8. Branches/Registration • Required documents for application: • a notarisedagreement, signedbythebranchmanager; • a copy of theagreementbetweenthecompanyandthebranchowner; • a certificate of registrationas a traderbytheforeignentity; • anauthenticatedcopy of thedecisionbytherelevantauthority to openthebranch. • Applicationform; www.rbdict.eu 14/12/2012

  9. Registering a company/Administrative procedures • Commercialregistration • RegisteringforVAT - mandatoryorvoluntary; • Mandatoryregistration: • whensupplyinggoodsforassemblyandinstallation; • distancesales of goods; • intra-communityacquisitions (IACs); www.rbdict.eu 14/12/2012

  10. Registering a company/Administrative procedures • Optionalregistrationanyonewhodoesnotmeettherequirementsforcompulsoryregistrationfor VAT mayvoluntarilyregisterforVAT; www.rbdict.eu 14/12/2012

  11. Registering a company/Administrative procedures • Applications  • VAT registration of foreignpersonsnotestablishedinthecountrybutcarryingouttaxablesupplieswhoseplace of performanceisinthecountry; • Competentauthorities: theterritorialoffice of the National RevenueAgency; www.rbdict.eu 14/12/2012

  12. Helpful links: • http://www.registryagency.bg/ Registry Agency • http://www.brra.bg/ Commercial register • http://www.nap.bg/?lang=en National Revenue Agency • http://www.fsc.bg/Home-en-1 Financial Supervision Commision www.rbdict.eu 14/12/2012

  13. Official site of the European Territorial Cooperation Programme “Greece-Bulgaria 2007-2013” : http://www.interreg.gr/ Thank you for your attention! Contact us: Regional Chamber of Commerce and Industry 23,Todor Aleksandrov, Str. 2700,Blagoevgrad +359 73885017/18 www.cci-bl.org Get involved: Visit our website www.rbdict.eu and dedicated platfoms Visit us on LinkedIn and related discussions Follow and participate in our events www.rbdict.eu 14/12/2012

More Related