EOOD/OOD

The Bulgarian EOOD/OOD can best be compared to the Belgian BVBA/BV. 
This type of business structure is most commonly used to do business in Bulgaria. The minimal capital and the simplicity of corporate structure are some of the main reasons why most of the entrepreneurs prefer this type of company structure.
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Characteristics

The OOD and EOOD are limited liability companies, the only difference between EOOD and OOD is the number of shareholders. An entity with one shareholder is EOOD and entity with two or more shareholders is an OOD. The owners on an OOD/EOOD could be with any nationality or legal entities. The minimal capital demands which is 2 lev (or around 1 Euro) and the simplicity of corporate structure are some of the main reasons why most of the entrepreneurs prefer this type of company structure.
Pros & Cons

Pros

  • Lowest setup fees within the EU.
  • Lowest required founding capital – 1€ .
  • Lowest Tax on Dividends in the EU – 5% only.
  • Lowest Tax on Corporate & Personal Income – 10% flat rate.
  • Lowest Social security contributions in the EU.
  • VAT within the EU – 0%.
  • Easy, Fast and Secure incorporation service.
  • Affordable accounting & legal services.
  • Company incorporation within 24 hours.
  • Double Taxation treaties with 70+ countries.

Cons

  • The state registration fees for OOD / EOOD are higher than those for ET registration.
  • OOD / EOOD closing procedures are more complicated and take several (around 6) months.

Bulgaarse vennootschap.be

Wij helpen ondernemers met de uitbouw van hun Bulgaarse vennootschap. De oprichting is slechts de start van het begin. 
ONDERNEMERSCHAP
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