• How is a Limited Liability Company formed?

    Wednesday, May 14th, 2008

    A company bank account is opened to collect share capital; the minimum requirement is 5,000 BGN. Shareholders must pay at least 1 third or their respective shares at the time of registration.
    The company is then added to the Commercial Register of the district court on approval.
    The formation of the company is then announced to the [...]