By using the company's services, I learned that starting a business isn't so difficult when you have someone to guide you. I had a great experience, and the result was worth it!
🌞 Difference between: EOOD & OOD
Meaning & how to use
Substance: Lease agreement with identification of the premises (not a shell company) at our law firm, including mail forwarding and translation of correspondence.
Cost-saving: No travel is required, and a physical notary appointment isn't necessary. (Normally, a notary appointment with an interpreter in your home country is required, in addition to an apostille from the local court.)
Family-run: Tax advisors (father and son), large team of permanent employees, lawyers and tax advisors, 11 years of experience.
A Bulgarian (E)OOD offers you a limitation of liability similar to that of an LLC, thus protecting your private assets from the company's liabilities.
Bulgaria is now a top choice in the European Union for entrepreneurs and international investors. Its low corporate tax rate, central location, and full access to the EU market make it a great place to start and grow a business. For foreign entrepreneurs, the most common company types are EOOD and OOD.
An EOOD (Single-Member Limited Liability Company) is Bulgaria’s version of a single-owner limited company. It works well for solo founders, freelancers, consultants, and digital entrepreneurs who want full control and limited liability. The shareholder can be a foreign person or company, so EOOD is a good option for international founders.
An OOD (Limited Liability Company) is for businesses with two or more partners. Both EOOD and OOD offer strong legal protection because shareholders are only responsible for the company’s share capital. One of the main advantages of forming an EOOD or OOD in Bulgaria. A big advantage of setting up an EOOD or OOD in Bulgaria is the flat 10% corporate income tax rate, which is among the lowest in the EU. The dividend tax is also just 5%. This makes Bulgaria very appealing for businesses focused on profits and holding companies. Many entrepreneurs save a lot on taxes compared to other EU countries.(approximately 1 EUR), making company formation fast and accessible. The registration process is simple and usually takes between 5 and 10 working days, depending on documentation and structure.
Bulgarian companies also have full access to the EU single market. This means you can trade across Europe, work with EU clients, open EU bank accounts, and register for EU VAT. Bulgaria is part of the SEPA payment system, which makes international transactions simple.
Foreign entrepreneurs can fully own a Bulgaria company without needing a local partner. You do not need a local director, and you can manage the company from abroad. With the right setup, you can also link a Bulgarian company to international residency or relocation plans. Low operating costs, affordable labour, and a highly skilled workforce, especially in IT and technical fields. This makes it a perfect foundation for scaling international operations.
In summary, EOOD and OOD companies in Bulgaria offer low taxes, legal security, EU access, and cost savings. Whether you are starting alone or with partners, Bulgaria is one of the most business-friendly places in Europe for growth and international success.
Free initial consultation
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By using the company's services, I learned that starting a business isn't so difficult when you have someone to guide you. I had a great experience, and the result was worth it!
I need to improve my English! I can only get by halfway with my broken English... The GO EU team is super friendly and helpful. One star deducted because they don't have enough German-speaking tax advisors.
I've had bad experiences with an offshore company before. I'll give this one another try. The contact seems quite professional and competent – so far. I'll keep you posted...
Daily regulatory hurdles, cease-and-desist letters, customer threats, and excessively high return rates in Germany almost forced me to close my business. The 1% model saves me a fortune in taxes, makes me significantly more profitable, significantly reduces return rates, eliminates cease-and-desist letters, and removes all the business-unfriendly harassment.
Where can I speak with one of your consultants? I'd like to see the prices and discuss the advantages. Is it better than having a company in Dubai?
Greetings to the GO EU team! Implementation was quick and easy. The accounting is world-class; I was able to submit all invoices. Thank you!
Over 10 years of experience in international tax planning and over 850 supported company formations.
Relocating to a low-tax country
- Complete company formation
- Name registration
- Lawyer and notary fees
- Deposit of share capital
- Commercial Register Entry
- Premium business address
- Opening a bank account at a direct bank
- Mail forwarding & translation
- Expert support & assistance
- as well as 20 minutes of business advice in international tax law included!
Daniel Maier
Thomas Hofmann
Adil Hussain
Cezar Stefan
Sebastian Mates
Book a free and non-binding initial consultation where we can discuss your questions and requirements.
One of our experts will assess your current situation and work with you to explore which countries and options exist to achieve tax savings.
Consultations are always cross-border. In all cases, setting up a company in Bulgaria is not always the best option.
