Want to open your own company in Bulgaria — are you ready to get started?

Registering a company in Bulgaria is entirely possible for people with refugee or humanitarian status, or temporary protection. However, the process involves important decisions, a number of documents, and costs that you need to be prepared for in advance.

There are two types of companies suitable for small and medium-sized businesses — an LLC/SLLC and the newer Variable Capital Company (VCC/SMVCC). Which one is more suitable for you depends on your situation. Before you start the registration process, there are some things you need to know:

  • What the difference is between the two types of companies and which one to choose
  • What decisions you need to make before you begin the process
  • What documents are required and how to prepare them
  • Whether you need to open a bank account — and when you don't
  • How much the whole process will cost — fees, notary, lawyer
  • What happens after registration and what the next steps are

Read the full article for a comprehensive step-by-step explanation, updated as of April 2026.

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