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Setting up an Overseas Office in Bulgaria

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Setting up an Overseas Office in Bulgaria

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  1. starting a business

    hi can anyone tell me who are the best people to approach for information on starting a business up in cyprus. e.g. solicitor, estate agent. ect. i run a business here but want to start one from scratch in cyprus, in the leisure side of things. thanks charlie

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Bulgaria Setting Up An Overseas Office

Setting up a local office or finding a reliable local partner is critical for doing business in Bulgaria. Business may be carried out:

  • Directly from the UK
  • By the appointment of agents/distributors
  • Through licensing and franchising
  • Partnering with a local company with complementary skill set
  • Through a local business or branch

A local business can be established by:

  • Registration of a representative office or branch office
  • Incorporation of a new legal entity

A large number of company forms are available. Foreign investors are allowed to hold up to 100% of the registered capital of a company. New companies can now be incorporated on the new national electronic commercial register.

Partnering with a local company with complementary skills is recommended if you wish to provide consultancy services in Bulgaria. 

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