If you want to run a Bulgaria-based company remotely, the most practical combo in 2026 is a virtual office in Sofia plus professional accounting. You get a compliant registered address for company incorporation and ongoing correspondence, and you stay on top of monthly bookkeeping, VAT, payroll (if needed), and annual reporting—without renting a full-time office.
This guide walks you through the complete setup in a clear, step-by-step way, with the specific 2026 realities in mind (including invoice and reporting routines after the euro switch).
Why a Virtual Office in Sofia Makes Sense in 2026
Sofia is Bulgaria’s administrative and business hub. For foreign founders, a virtual office in Sofia typically delivers three major advantages: compliance, credibility, and convenience—especially when paired with smart company setup planning in Sofia.
Key benefits you actually use
Registered business address: Use it for company incorporation and ongoing official correspondence.
Mail handling: Receive, scan, forward, and archive letters from institutions, banks, and partners.
Professional presence: A central Sofia address can increase trust with clients, suppliers, and payment providers.
Flexibility: Add meeting rooms, day office use, or admin support only when you need it.
Cost control: Predictable monthly fees without long leases, deposits, utilities, or fit-out costs.
Virtual Office vs. Accounting: Why You Should Bundle Them
A virtual office is not just a “mailbox.” It becomes the operational anchor of your company—especially if you are not physically in Bulgaria. Accounting is the second anchor. When you bundle both, you reduce errors and delays caused by missing documents, unclear deadlines, or slow communication between separate providers (a common issue solved by integrated accountancy support).
What bundling typically improves
Faster onboarding after incorporation (banking, tax profile, invoice templates).
Cleaner documentation flow (mail arrives at the registered address and is routed directly to accounting when relevant).
Lower compliance risk (missed letters from the NRA or other institutions are a common cause of penalties).
One point of contact for questions like VAT, invoicing, payroll, and annual statements.
Step-by-Step Setup Guide (2026)
Step 1: Choose the right company structure for remote ownership
Most foreign founders choose an EOOD (single-member LLC) or an OOD (multi-member LLC). These structures are widely used for services, online businesses, consulting, trading, and holding activities. Your choice affects documents, decision-making rules, and how dividends are handled—so it helps to review a broader company formation overview first.
Step 2: Secure a compliant registered address (virtual office in Sofia)
Every Bulgarian company needs an official seat and address for registration and correspondence. A virtual office in Sofia can fulfill this requirement while also providing mail receipt and administration—see available virtual office options.
Step 3: Define your mail handling and proof-of-address workflow
Mail handling is where virtual offices either shine or fail. In 2026, you should set a clear process from day one—especially if your setup depends on reliable mail handling and forwarding:
How often mail is checked (daily, several times per week, weekly).
Scanning rules (scan everything, scan only official mail, scan on request).
Forwarding frequency and courier preferences (international shipping or local pickup).
Digital archive rules (folder naming, retention periods, access permissions).
Pro tip: Ask for a simple “official mail alert” rule—so anything from institutions is flagged immediately (this is a core feature of a well-run virtual office workflow).
Step 4: Start accounting onboarding immediately after the address is set
Accounting should not start “later.” The cleanest setups begin accounting onboarding right after you confirm the registered address, so your accountant can prepare a compliant workflow aligned with your post-incorporation steps:
Your monthly bookkeeping schedule and document collection routine.
Invoice templates aligned with your activity (services, SaaS, consulting, trading).
Step 5: Align invoicing with the euro switch rules (2026 reality)
In 2026, your invoicing workflow must match the euro-era routine. In practice, this means your accounting setup should include (and you can cross-check details against the Euro Adoption accounting & VAT checklist):
How you store invoices (PDF archive, cloud folders, backup policy).
How you handle historical documents issued before the changeover (do not “rewrite” old invoices).
Even if you use invoicing software, have your accountant validate templates early to avoid rework.
Step 6: Banking and payments: prepare for compliance checks
Bulgarian and EU banking compliance increasingly expects consistency between your documents: registered address, company activity, contracts, invoices, and beneficial ownership details—so review what’s typically needed when opening and operating a business bank account.
Keep a short “company profile” document (what you do, who you sell to, expected turnover).
Prepare standard contracts or terms for your service/product.
Ensure invoices match the activity stated in incorporation documents.
Use a clear audit trail for incoming payments (who paid, what for, invoice reference).
Step 7: VAT registration (only when strategic or required)
VAT is not automatic. You typically choose between:
No VAT (initially): Common for early-stage service businesses that sell outside Bulgaria and are below thresholds.
Voluntary VAT: Common when you trade B2B in the EU, need VAT credibility, or your partners require VAT registration.
Mandatory VAT: Applies when legal conditions are met (your accountant monitors this based on turnover and activity).
VAT is one of the most common areas where DIY setups go wrong. If your business sells cross-border services or goods, get a written VAT plan.
Step 8: If you import/export, handle EORI early
If your business involves customs (imports or exports outside the EU), you may need an EORI number. Many founders discover this too late when shipments are blocked at customs.
Step 9: Decide whether you need payroll or director management
Not every company needs employees. But you should plan for at least one of these realities—especially if euro-era payroll updates apply to you (see Payroll Services in Bulgaria (2026)):
Director/manager status and how it’s documented.
Payroll setup if you hire locally or need employment contracts.
Expense reimbursements and rules for business travel.
Your accountant should clarify what monthly filings apply in your exact scenario.
Step 10: Keep annual compliance boring (the goal)
Annual compliance becomes easy when monthly processes are consistent. Build your “boring” routine—and keep it aligned with local accounting requirements:
Monthly: send invoices, bank statements, receipts, contracts, and expense notes on a fixed date.
Quarterly (if applicable): VAT reviews and reconciliations.
Common Mistakes Foreign Founders Make (And How to Avoid Them)
Mistake 1: Buying the cheapest virtual address with weak mail handling
Fix: choose a provider that scans, flags official letters, and has a clear forwarding process.
Mistake 2: Treating accounting as “later”
Fix: start onboarding immediately after the registered address is secured.
Mistake 3: Invoices that don’t match the company activity
Fix: align invoices, contracts, and declared activity before you start billing clients.
Mistake 4: VAT confusion for EU and cross-border work
Fix: get a VAT plan in writing based on where your clients are and what you sell.
Mistake 5: Missing official letters from institutions
Fix: use a virtual office that alerts you quickly and keeps a digital archive.
What can SofiaOffices do for you?
SofiaOffices supports foreign founders and international companies with an integrated setup: virtual office in Sofia + accounting + company formation support, so you can operate remotely while staying compliant (see the full accountancy services overview).
Virtual office in Sofia: compliant registered address, mail receipt, scanning, forwarding, and optional admin support.
Accounting services (2026-ready): monthly bookkeeping, VAT filings (when applicable), annual reporting, and practical guidance for foreign owners.
Company formation support: a structured process for setting up an EOOD/OOD and getting operational fast.
Business expansion extras: support content for customs/EORI and relocation/business presence topics.
If trading goods internationally, plan EORI early.
Set monthly “send documents” date and stick to it.
FAQ: Virtual Office in Sofia + Accounting (2026)
Can I register a Bulgarian company using a virtual office in Sofia?
Yes. A virtual office can provide the registered seat and address required for incorporation and official correspondence, without renting a physical office (see how virtual offices work in Bulgaria).
Do I need a physical office to run my company legally?
Usually no. Many foreign-owned companies operate fully remotely with a virtual office address and professional accounting support, using a structured company setup process.
How fast can the setup be completed?
Timelines depend on documents and onboarding speed, but the most efficient process is: secure the registered address first, then immediately start accounting onboarding while incorporation steps are completed (the same sequence used in the company formation workflow).
Is accounting really necessary if my company has no activity yet?
Even low-activity companies usually have compliance expectations. The safest approach is to set up accounting properly from the start so your filings, records, and annual reporting remain consistent (see what’s typically included in accountancy services).
What if I want to relocate later and work from Bulgaria?
A Virtual Office in Sofia + Accounting is the most practical “remote-first” foundation for a Bulgarian company in 2026. The address keeps you compliant and reachable by institutions; accounting keeps your invoices, reporting, and tax position clean—especially under the euro-era accounting rules. When you set both up together, you avoid the classic foreign-founder problems: missed letters, VAT mistakes, mismatched documents, and slow operational starts.
If your goal is a smooth, compliant, and scalable Bulgaria setup, start with the core building blocks and keep the process boring—because boring compliance is profitable compliance (and that’s exactly what a solid virtual office foundation helps you do).
Thumbnail Image Prompt (No Text, Hyper-Realistic)
Copy/paste this prompt into your image generator: (and if you also need a real Sofia business address to match the vibe, you know where to start)
Hyper-realistic photo, a confident international entrepreneur (30s) standing in a modern Sofia business district, holding a slim laptop and documents folder, subtle glass office buildings in background, morning natural light, shallow depth of field, professional business attire, friendly approachable expression, realistic skin texture, cinematic realism, no logos, no text, no watermark, high resolution, editorial photography style, 16:9 composition, sharp focus on person
Euro Adoption in Bulgaria: Accounting & VAT Checklist
Bulgaria adopted the euro on 1 January 2026. For businesses, the “big bang” is not just a currency symbol change—it affects invoices, VAT reporting, POS receipts, payroll, contracts, pricing communication, and how your accounting system stores and rounds values. If you operate a Bulgarian company (or a foreign company with Bulgarian VAT obligations), this guide gives you a practical, accountant-friendly checklist you can execute—without guessing what the tax office expects.
This article is written for foreign founders and international teams running operations in Bulgaria, especially those using a virtual office, outsourcing accounting, or managing cross-border VAT. Use it as your internal compliance roadmap for 2026.
Key Euro Transition Facts Businesses Must Apply
Fixed conversion rate and conversion logic
Official fixed conversion rate: 1 EUR = 1.95583 BGN (use the full official rate, not a shortened version).
Conversion method: convert BGN to EUR by dividing by 1.95583.
Rounding: amounts are typically rounded to 2 decimals in EUR using standard rounding rules; some items (especially payroll-related) may have specific “round in favor of the employee” treatment.
Dual pricing and dual circulation (business impact)
Dual display period: pricing is shown in both BGN and EUR for a defined transition window (important for storefronts, menus, websites, and invoices/receipts in certain cases).
Dual circulation: during the initial cash transition period, businesses had to handle payments in both currencies while ensuring correct change and cash handling controls.
Practical takeaway: even after the first month, dual price communication continues to affect customer-facing documents, price lists, and e-commerce UX.
Accounting System Checklist: Your “Must-Do” Configuration
1) Set EUR as base currency and lock conversion settings
Confirm your accounting software’s functional/base currency is set to EUR as of 01/01/2026.
Ensure the system uses the fixed rate for historical conversion where required (and does not pull daily FX rates for BGN/EUR after adoption).
Lock user permissions so staff cannot manually edit the conversion rate or override euro rounding settings.
2) Define rounding rules across modules
Sales module: invoice line rounding vs. invoice total rounding (decide and document a consistent approach).
Purchase module: vendor invoice rounding differences and how your system books rounding variances.
Cash module: receipt rounding and change handling logic (especially important for POS).
Payroll: confirm salary conversion rounding is compliant and consistently applied per employee.
3) Re-map chart of accounts and reporting templates
Update all management reports, dashboards, and KPI packs to present values in EUR.
Ensure statutory reporting templates (trial balance, P&L, balance sheet) are aligned to EUR output.
If you consolidate with a parent company: confirm the new local currency doesn’t break consolidation mapping or intercompany matching.
4) Master data sanity check (customers, vendors, products)
Review customer and vendor records for currency fields, price list assignments, and VAT group logic.
Rebuild price lists carefully (see pricing section) rather than relying on automatic “convert everything” buttons.
Confirm product VAT codes and exemptions remain correct—currency change does not change VAT nature, but it can reveal historic coding errors.
VAT Checklist: Invoicing, Returns, VIES, OSS, and Audit Risk
1) Invoicing in EUR: what to change immediately
Issue invoices in EUR with correct formatting for net amount, VAT amount, and gross total.
Ensure invoice numbering remains continuous and compliant (currency change must not “restart” sequences unless legally allowed and documented).
Update invoice templates to show:
Seller VAT number and mandatory invoice fields.
Correct VAT rate and VAT basis in EUR.
Where relevant, dual display totals (if your sector or customer-facing documents require it during the transition window).
2) VAT returns (Bulgaria): currency alignment and reconciliation
Confirm your VAT return preparation uses EUR values consistently across:
Sales ledger (output VAT)
Purchase ledger (input VAT)
VAT payable/receivable control accounts
Reconcile monthly:
VAT return totals vs. sales/purchase ledgers
VAT control account movement vs. filed figures
Rounding differences posted to a dedicated rounding variance account (transparent audit trail)
3) Cross-border VAT: VIES, Intrastat, and OSS
VIES listings: verify your ERP exports in the correct currency and that EU customer VAT numbers validate properly.
Intrastat: review statistical value rules and whether your submission tool expects EUR fields or needs updated configuration.
OSS/IOSS: if you use One Stop Shop, ensure your platform/accountant maps sales to the correct member state rates and reports in the correct currency format required by the scheme.
4) Credit notes, deposits, and legacy BGN documents
Define a policy for correcting or adjusting invoices issued pre-2026 in BGN:
How credit notes are issued (in EUR), while referencing the original invoice.
How partial refunds and deposit offsets are converted and rounded.
Train staff to avoid “manual conversion in Excel” for VAT-critical documents; conversions should be system-based and traceable.
Pricing and Customer Communication: Dual Display Done Safely
1) Convert prices strategically, not mechanically
Don’t blindly convert every price and round “nicely”—this can create margin drift and customer complaints.
Build a conversion table:
Old BGN price
Exact EUR converted price (full rate)
Rounded EUR selling price
Difference and margin impact
Document the rounding and pricing logic so you can defend it if questioned.
Confirm your bank accounts are denominated in EUR and that bank statement imports match your accounting software currency settings.
Review payment templates (SEPA credit transfers, bulk payments) for correct formatting and beneficiary details.
2) Cash handling and petty cash
Re-count and re-authorize petty cash floats in EUR.
Update petty cash policies and require receipts compliant with the new currency display expectations.
Contracts, Share Capital, and Corporate Documents
1) Commercial contracts
Update BGN amounts in ongoing contracts (service agreements, leases, supplier contracts) to EUR and clarify how conversion/rounding is handled.
For leases, confirm how indexation, deposits, penalties, and service charges are expressed post-2026.
2) Share capital and Commercial Register compliance
The Commercial Register converted share capital figures automatically, but companies still need to update their internal corporate documents (Articles of Association / Statutes) to reflect euro capital amounts and share values.
Plan this as a corporate compliance project in 2026, especially if shareholders are abroad and signatures/notarization may be needed.
Audit-Ready Documentation: What to Keep on File
Build a “Euro Changeover” folder (digital + controlled access)
Accounting system configuration screenshots/settings export (currency, rounding, VAT logic).
Price conversion methodology and final price list approvals.
POS test receipts and end-of-day reports proving EUR/VAT correctness.
Payroll conversion rules and sample payslips/journal postings.
Board/management approval notes for key policy changes.
Staff training notes (who was trained, when, and on what procedures).
Operational Checklist Summary (Copy/Paste for Your Team)
Accounting
Base currency set to EUR as of 01/01/2026
Fixed rate locked and documented
Rounding rules defined across sales/purchases/cash/payroll
Reports and templates updated to EUR
Rounding variance account created and monitored
VAT
Invoice templates updated (EUR + VAT fields)
VAT return reconciliation process updated (EUR ledger to return)
VIES/Intrastat/OSS exports tested
Legacy BGN invoice adjustment policy documented
Pricing & POS
Price lists rebuilt with margin checks
Dual display implemented across channels where required
POS/fiscal devices updated and tested for VAT correctness
Payroll
Payroll system switched to EUR with compliant rounding
Employment docs and allowances updated
Payroll journals posting cleanly to EUR GL
Corporate compliance
Contracts updated to EUR
Share capital documents scheduled for update within 2026
What can SofiaOffices do for you?
SofiaOffices helps foreign founders and international companies stay compliant in Bulgaria while keeping operations simple. If euro adoption exposed gaps in your invoicing, VAT logic, payroll setup, or corporate documents, we can handle the entire process end-to-end—so you avoid penalties, rejected filings, and costly “fixes” later.
How we support your euro transition and ongoing compliance
Accounting in Bulgaria (EUR-ready): monthly bookkeeping, reconciliations, management reporting, and clean audit trails.
VAT services: VAT registration support, monthly VAT returns, VIES/Intrastat coordination, and cross-border VAT handling.
Company administration: assistance with updating corporate documentation impacted by euro conversion (including share capital documentation).
Virtual office and registered address: reliable correspondence handling with Bulgarian institutions, including the NRA.
Mixing manual and system conversions: this creates inconsistent rounding and breaks audit trails.
Ignoring “small” rounding differences: they accumulate and distort VAT control accounts over time.
Forgetting templates: quotes, proformas, recurring invoices, and email receipt layouts often keep old currency labels.
Not testing POS edge cases: discounts, refunds, split payments, and deposits are where VAT mistakes hide.
Leaving corporate documents for the last minute: shareholder logistics and notarization can turn “simple” updates into a Q4 emergency.
If you want, SofiaOffices can turn this checklist into a tailored implementation plan for your specific business model (B2B services, e-commerce, hospitality, consulting, or mixed activity) and coordinate accounting + VAT execution with one point of contact.
Your shipment sits at Bulgarian customs. The officer asks for your EORI number. You don’t have one. Now what? This scenario plays out daily for businesses that skip a simple but mandatory step before trading internationally. Most online guides either overcomplicate this or skip key details for non-EU companies. Here’s the actual process, with real costs and timelines.
Quick answer: EORI registration in Bulgaria is free, takes 1-3 business days, and you apply through the Bulgarian Customs Agency. EU-based companies can apply online with a qualified electronic signature. Non-EU businesses must submit paper applications with certified Bulgarian translations. Below, we cover every step, document, and common mistake to avoid.
Last reviewed: February 2026. Process and requirements verified against official sources.
(fill the form if you need assistance with EORI registration.)
EORI stands for Economic Operators Registration and Identification. It’s a unique identifier that customs authorities across all EU member states use to track and process international trade activities.
Think of it as a customs passport for your business. Every time goods cross EU borders (either entering or leaving), customs systems log the transaction against your EORI number. This creates a traceable record of your company’s import and export history.
This system has been mandatory since July 1, 2009, when EU Regulation No. 312/2009 came into force. Before EORI existed, businesses needed separate registrations in each EU country they traded through. Now, one number works across all 27 member states.
What Does a Bulgarian EORI Number Look Like?
Bulgarian EORI numbers follow a specific format: BG + X + identification number + control digit. For companies, the identification number is your UIC (Unified Identification Code) from the Trade Register. For individuals, it’s your EGN (personal number). The total length cannot exceed 17 characters.
A typical Bulgarian company EORI looks like: BG1234567890123. You can verify any EORI number through the European Commission’s official EORI validation tool at ec.europa.eu/taxation_customs/dds2/eos/eori_validation.jsp.
Who Needs an EORI Number in Bulgaria?
Bulgaria is one of only five EU countries (alongside Czech Republic, Greece, Lithuania, and Romania) that requires EORI numbers for both B2B and B2C customs clearance. This makes the registration even more critical if you’re operating here.
You need an EORI if:
Your Bulgarian company imports goods from outside the EU
Your Bulgarian company exports goods to countries outside the EU
You’re a foreign company with operations in Bulgaria that involve customs activities
You’re an individual entrepreneur or sole proprietor engaged in international trade
Your company isn’t VAT-registered but still engages in cross-border trade
You don’t need an EORI if:
You only trade within EU borders (intra-EU trade doesn’t require customs declarations)
You’re a private individual making occasional personal imports
Your business activities don’t involve any customs procedures
What happens if you trade without an EORI?
Simple: your goods get stuck. Customs won’t process shipments without a valid EORI number. Your cargo sits in a warehouse accumulating storage fees while you scramble to register. For time-sensitive goods, this can mean spoilage, missed deadlines, or lost contracts. The registration itself is free and takes days, not weeks. There’s no good reason to skip it.
Required Documents for EORI Registration
The documentation requirements differ based on where your business is established. Get these wrong and your application gets rejected, delaying your ability to trade.
For EU-Established Companies
Completed EORI application form (available on the Bulgarian Customs Agency website)
Proof of registration from the Bulgarian Trade Register
VAT registration certificate (if your company is VAT-registered)
Copy of the legal representative’s ID card or passport
Power of attorney (if someone other than the authorized person submits the application)
For EU-Based Individuals
Completed registration form
Valid Bulgarian ID card
Proof of accommodation (residency card, rental agreement, or property deed)
For Non-EU Entities
Non-EU businesses face stricter requirements:
Completed registration form in Bulgarian language
Proof of registration from your home country’s trade register
Certificate of good standing (dated within the last 6 months)
Valid passport (for individual applicants)
Certified Bulgarian translations of all foreign-language documents
This translation requirement catches many foreign businesses off guard. You’ll need a sworn translator certified in Bulgaria, and the translations must be notarized. Expect to pay around 25-40 BGN ($14-22) per page for certified translation, plus notarization fees. Budget an extra 3-5 days for this step.
EORI Application Process: Step by Step
Two paths exist for EORI registration in Bulgaria: online submission through the Customs Agency e-Portal, or paper submission at one of the 15+ customs offices across the country. Major offices are located in Sofia, Plovdiv, Varna, Burgas, and Ruse. The full list is available on customs.bg. Your choice depends on your business type and available resources.
Step 1: Gather Your Documents
Before starting the application, collect all required documents. For EU companies, this typically means downloading your Trade Register extract. For non-EU entities, factor in time for translations and notarization.
Step 2: Choose Your Submission Method
Online submission requires a qualified electronic signature compliant with the eIDAS Regulation. If you don’t have one, you’ll need the paper route. Non-EU operators cannot use the online system and must apply in person.
Step 3: Complete the Application Form
The EORI registration form asks for basic business information: legal name, registered address, company registration number, contact details, and the type of customs activities you’ll conduct. Double-check every field. Incomplete forms are the top reason for delays.
Step 4: Submit to Bulgarian Customs Agency
Submit your completed form with all supporting documents either through the e-Portal or at your nearest customs office. Keep copies of everything you submit.
Alternative: Use a customs broker. If the process feels overwhelming, licensed customs agents can handle EORI registration on your behalf. You’ll need to provide a power of attorney. Service fees typically run 100-300 BGN ($55-165) depending on complexity. Your company remains legally responsible for the accuracy of information submitted, so choose a reputable broker.
Step 5: Wait for Processing
Standard processing takes 1-3 business days. Some sources cite up to 5 working days under Bulgarian legislation. Incomplete applications take longer. Once approved, you receive your EORI number electronically.
Online Registration via e-Portal
Going electronic is faster but has specific requirements. Here’s what you need to access the Bulgarian Customs Agency’s online services.
Valid account on the Customs Agency e-Portal at ep.customs.bg
Access to the EORI2 service through “User and Access Management”
Don’t have an electronic signature? In Bulgaria, qualified certificates are issued by providers like B-Trust, Evrotrust, InfoNotary, and StampIT. Prices typically range from 30-80 BGN ($16-44) annually depending on the certificate type. The signature is useful beyond EORI registration since it’s required for many Bulgarian government e-services.
Registration Steps
Navigate to the e-Portal registration section at ep.customs.bg
Create your account using your electronic signature
Request access to EORI2 service via “User and Access Management”
Complete the electronic EORI application form
Upload required documents
Submit and await confirmation
Important Notice
Fair warning: the Customs Agency occasionally implements system updates. During the rollout of the new EORI_BG2 module, electronic registration services may experience temporary disruptions. If you encounter issues, contact the support desk at [email protected] or submit a request at servicedesk.customs.bg.
Common EORI Registration Mistakes
Most application delays stem from preventable errors. Avoid these:
Incomplete Forms
Every field matters. Missing information triggers a request for clarification, adding days to your timeline. Review the form twice before submitting.
Wrong or Outdated Documents
Your Trade Register extract should be current. Certificate of good standing older than six months? Rejected. Expired ID? Rejected. Use fresh documents.
Missing Translations
Foreign documents without certified Bulgarian translations won’t be accepted. This isn’t just any translation. You need a sworn translator recognized in Bulgaria, plus notarization. Start this process early.
Submitting Without Authorization
If someone other than the company’s legal representative submits the application, you need a power of attorney. Forgetting this document delays everything.
Non-EU Companies Using Online Portal
Here’s a critical point: the e-Portal system isn’t available for non-EU operators. If you’re based outside the EU, don’t waste time trying to register online. Go directly to paper submission.
What to Do After Getting Your EORI Number
Registration approval is just the beginning. Take these steps to put your EORI number to work:
Update Your Business Records
Add your EORI number to your official business documentation, invoices, and customs-related paperwork. This number becomes a permanent identifier for your company’s international trade activities.
Inform Your Partners
Share your EORI with freight forwarders, customs brokers, logistics providers, and trade partners. They’ll need it when processing shipments on your behalf.
Review Trade Agreements
With your EORI, you can now access preferential trade agreements and claim preferential origin where applicable. Check if any current agreements benefit your specific import/export activities.
Keep Information Current
Your EORI number never expires. However, you must update the Customs Agency if significant business changes occur: new address, change of legal representative, company restructuring, or shift in customs activities.
Monitor Regulatory Changes
EU customs regulations evolve. The Union Customs Code receives periodic updates. Stay informed about changes that might affect your trading activities or EORI obligations.
Key Benefits of EORI Registration
Beyond legal compliance, your EORI number delivers practical advantages for Bulgaria-based operations:
Faster customs clearance: Pre-registered operators experience smoother processing at Bulgarian ports and border crossings with Turkey, Serbia, and North Macedonia
EU-wide recognition: One Bulgarian registration covers all 27 member states, no re-registration needed when shipping through Thessaloniki or other EU ports
Trade agreement access: Eligibility for preferential tariffs under EU agreements with Turkey, Ukraine, and other trade partners
Business credibility: Bulgarian banks and trading partners view EORI registration as a sign of legitimate operations
AEO pathway: EORI is the first step toward Authorized Economic Operator certification, which grants further customs simplifications
Frequently Asked Questions
How much does EORI registration cost in Bulgaria?
EORI registration through the Bulgarian Customs Agency is free. You pay nothing for the actual registration. However, non-EU businesses should budget for certified translations (sworn translator fees plus notarization) and potentially professional assistance if navigating the process independently seems daunting.
How long does EORI registration take?
Complete applications typically process in 1-3 business days. Bulgarian legislation allows up to 5 working days. Incomplete submissions take longer since the agency must request missing information and wait for your response. Submit everything correctly the first time to avoid delays.
Can I use my EORI number in other EU countries?
Yes. Your Bulgarian EORI number works across all 27 EU member states. You don’t need separate registrations in Germany, France, Netherlands, or anywhere else in the EU. This is one of the core benefits of the harmonized system introduced in 2009.
Does my EORI number expire?
No. Once assigned, your EORI number remains valid indefinitely. However, you must notify the Customs Agency if your business undergoes significant changes (new address, change of legal representative, restructuring). Failing to keep records updated can cause problems during customs procedures.
What if I’m not VAT registered? Do I still need EORI?
Yes. VAT registration and EORI registration are separate requirements. Even if your company isn’t VAT-registered in Bulgaria, you still need an EORI number to engage in any customs activities involving non-EU trade. The two registrations serve different purposes.
Can a customs broker apply for EORI on my behalf?
Yes. Licensed customs agents can handle the entire EORI registration process for you. You’ll need to provide a power of attorney authorizing them to act on your company’s behalf. Expect to pay 100-300 BGN ($55-165) for this service. Your company remains legally responsible for the accuracy of all submitted information, so verify everything before signing off.
How do I verify that my EORI number is active?
Use the European Commission’s EORI validation tool at ec.europa.eu/taxation_customs/dds2/eos/eori_validation.jsp. Enter your EORI number and it will confirm whether the number is valid and show the registered company name. This is useful when verifying trading partners’ credentials or checking your own registration status.
Final Thoughts
EORI registration in Bulgaria is straightforward when you understand the requirements. EU-based businesses have it easier with online submission, though you’ll need that electronic signature. Non-EU companies face more paperwork but can still complete the process within a week if documents are prepared properly.
Most delays come from incomplete forms, missing translations, and outdated documents. Gather everything before you start. Double-check the form. Submit once, correctly.
One EORI number opens the door to legal customs operations across the entire European Union. For businesses serious about international trade, it’s not bureaucracy to dread. It’s a credential to obtain.
Need help? The Bulgarian Customs Agency support desk is available at [email protected] for registration questions and technical issues with the e-Portal.
Property Management in Sofia: Service Charges, ESG Upgrades and Smart-Building Operations
Introduction: Modern Property Management Goes Beyond Maintenance
Property management in Sofia has evolved into a strategic discipline that directly affects operating costs, tenant retention, and asset value. In 2026, service charge transparency, ESG-driven upgrades, and smart-building operations are no longer optional extras—they are core expectations for modern office buildings.
As the Sofia office market matures and competition for quality tenants increases, professional property management in Sofia has become a key differentiator between average and high-performing assets.
Service Charges: A Major Component of Occupancy Costs
Service charges represent a significant share of total office occupancy costs. Well-managed buildings focus on service charge transparency, efficiency, and predictability.
Rising energy costs and ESG reporting requirements have increased scrutiny of office operating cost structures. Professional property managers prioritize cost efficiency without compromising service quality.
Environmental, Social, and Governance (ESG) criteria are reshaping office property management in Sofia. International tenants increasingly require ESG-compliant office buildings to meet internal policies and reporting obligations.
Energy-efficient HVAC and lighting systems
Waste separation and recycling programs
Water-saving installations
Improved indoor air quality and wellbeing features
A common challenge in property management is determining who pays for sustainability upgrades. Best practice models balance landlord and tenant cost allocation.
Conclusion: Efficient Management Creates Sustainable Value
Property management in Sofia in 2026 is defined by efficiency, sustainability, and technology. Buildings that invest in efficient and sustainable management practices are best positioned to attract tenants and maintain long-term performance.
Introduction: Why Class A Offices Remain the Benchmark
Class A offices continue to define the upper tier of the Sofia office market in 2026. As vacancy tightens and tenant expectations rise, demand is increasingly concentrated in buildings that offer modern design, operational efficiency, sustainability, and strong corporate representation. For many international companies, Class A offices are no longer a luxury but a strategic necessity.
Although prime rents are gradually increasing, Sofia still offers a compelling value proposition compared to other European capitals. The key for tenants lies in understanding prime office rent levels in Sofia and how to structure a deal effectively.
What Qualifies as a Class A Office in Sofia
Not all modern buildings qualify as Class A. In Sofia, this classification reflects a combination of location, building quality, and long-term operational performance found in Class A office buildings.
Prime or well-established business locations
Contemporary architecture and high construction standards
Energy-efficient systems and sustainability features
Flexible floorplates suitable for modern office layouts
Professional property and facility management
These attributes translate directly into higher tenant demand and stronger office occupancy levels.
Prime Rent Levels and Market Direction in 2026
Prime rents for Class A offices in Sofia are showing steady, moderate growth. This reflects both rising demand and disciplined office supply dynamics.
Highest rents are achieved in the Central Business District
Metro-connected business zones offer competitive alternatives
New or recently refurbished buildings command rental premiums
Despite upward pressure, rental growth remains predictable, allowing companies to plan office occupancy costs with confidence.
Incentives: What Tenants Can Still Negotiate
While landlords are becoming more selective, incentives have not disappeared. Instead, their structure is evolving within office lease negotiations.
Fit-out contributions replacing long rent-free periods
Flexible lease commencement dates
Phased occupation for growing teams
More favorable terms for longer lease commitments
Tenants with strong covenants and clear space requirements remain in a good negotiating position.
Where Real Opportunities Exist Today
Even in a tightening market, informed tenants can still identify value opportunities within premium office space in Sofia.
Newly delivered buildings seeking anchor tenants
Larger floorplates with limited demand from smaller occupiers
Secondary prime locations with excellent transport access
SofiaOffices helps companies navigate the Class A office market with precision and transparency through professional office consultancy.
Access to leading Class A office buildings
Tenant representation and commercial negotiations
Virtual office and registered address services
Company formation and accounting support
Long-term advisory for international businesses
Conclusion: Premium Space Still Offers Strategic Value
Class A offices in Sofia remain a cornerstone of corporate real estate strategies in 2026. Companies that plan early and negotiate strategically can still secure high-quality offices for rent in Sofia while benefiting from top-tier office environments.
The Sofia office market in 2026 is undergoing a structural shift. After a prolonged period of tenant-friendly conditions driven by oversupply and hybrid work uncertainty, vacancy levels are now declining across most quality office segments. This marks a transition toward a more balanced—and in some locations landlord-favorable—market environment. Sofia office market trends
For companies planning to rent offices in Sofia, this change requires a more strategic approach. While the city remains competitively priced compared to other European capitals, the best opportunities increasingly depend on timing, flexibility, and professional market insight.
What Is Driving the Decline in Office Vacancy
The fall in vacancy is not accidental. It is the result of several converging trends that are reshaping demand and supply dynamics across the Sofia office buildings market.
Reduced speculative office development due to higher construction and financing costs
Strong demand from international companies relocating operations to Bulgaria
Expansion of existing IT, fintech, and shared services centers
Gradual normalization of office attendance following hybrid work stabilization
Unlike previous cycles, the current absorption is largely concentrated in modern office buildings rather than outdated stock.
Which Sofia Office Market Locations Are Tightening Fastest
Vacancy compression is most visible in prime and well-connected submarkets. These areas offer not only prestige but operational efficiency for employers seeking CBD offices in Sofia.
Central Business District and city center locations
Office clusters with direct metro access
Business parks offering amenities and services
Class A and modern Class B office buildings
Secondary buildings without modern specifications continue to lag, creating a clear quality divide in the Sofia office market.
How Falling Vacancy Impacts Tenant Negotiating Power
Lower vacancy inevitably affects lease negotiations. While Sofia is not yet a high-pressure market, tenants are already experiencing reduced leverage when negotiating office lease terms.
Fewer concessions on headline rent
Shorter rent-free periods
Higher competition for large contiguous floorplates
More selective landlord screening of tenants
Well-prepared tenants with strong financial profiles still maintain negotiating power, especially when working with tenant representation specialists.
Rental Trends and Cost Outlook for 2026
Rental growth in Sofia remains measured rather than aggressive. Prime office rents are edging upward, while secondary locations remain relatively stable according to Sofia office rent data.
Prime CBD offices show gradual upward rent movement
With fewer vacant offices available, flexibility has become a competitive advantage for tenants considering flexible office solutions.
Combining traditional offices with virtual office solutions
Using serviced offices for temporary teams
Designing scalable layouts to accommodate growth
This approach allows companies to secure a strong physical presence while managing risk through serviced office options.
What Can SofiaOffices Do for You About Sofia Office Market in 2026?
SofiaOffices supports international and local companies navigating the evolving market by providing professional office consultancy.
Strategic office search and shortlisting
Tenant representation and lease negotiation
Virtual office and registered address services
Company formation and accounting support
Long-term advisory for market entry and expansion
Conclusion: Proactive Tenants Gain the Advantage
The Sofia office market in 2026 rewards preparation and decisiveness. Falling vacancy signals market strength, but tenants who act early and align their strategy with market realities will continue to secure Read More
Bulgaria Officially Introduces a Digital Nomad Visa
Read this article to learn more regarding a Digital Nomad Visa in Bulgaria. Bulgaria has officially joined the growing list of European countries offering a dedicated visa for digital nomads. With the introduction of this new legal framework, the country opens its doors to remote workers, freelancers, entrepreneurs, and business owners who earn income from abroad and wish to live in Bulgaria while continuing their professional activities online. This move positions Bulgaria as an increasingly attractive destination for location-independent professionals seeking affordability, EU access, and a high quality of life, especially in cities like Sofia.
What Is a Digital Nomad Visa in Bulgaria?
A digital nomad visa in Bulgaria is a long-term residence option designed specifically for non-EU citizens who work remotely for foreign employers or clients. It allows eligible applicants to legally reside in Bulgaria without entering the local labor market, similar to other residence permit options in Bulgaria. The visa is initially granted for a period of up to one year, with the option to renew for an additional year if all conditions continue to be met.
Who Is This Visa Designed For?
Remote employees working for companies registered outside Bulgaria
Freelancers and independent professionals with international clients
Business owners or shareholders in foreign companies
Executives or managers of companies registered abroad
Applicants for a digital nomad visa in Bulgaria must not provide services to Bulgarian clients or be employed by Bulgarian entities while holding this visa, unlike those who choose company registration in Bulgaria.
Key Eligibility Requirements
Income and Financial Stability
One of the main requirements for the Bulgarian digital nomad visa is proof of stable and sufficient income. Applicants must demonstrate that they earn income exclusively from foreign sources. The required income level is tied to the Bulgarian minimum wage and is calculated annually, ensuring that digital nomads can support themselves without relying on the local social system or Bulgarian accounting structures.
Additional Mandatory Conditions
A valid passport with sufficient remaining validity
Proof of accommodation in Bulgaria (rental contract or property ownership)
Comprehensive health insurance covering the entire stay
A clean criminal record from the country of residence
Application Procedure for a Digital Nomad Visa in Bulgaria Explained
Step 1: Applying for a Long-Stay Visa (Type D)
The process begins outside Bulgaria. Applicants must submit their documents at a Bulgarian embassy or consulate in their country of residence. The long-stay visa allows entry into Bulgaria for the purpose of applying for a residence permit as a digital nomad, a process explained in detail in our Type D visa guide.
Step 2: Residence Permit in Bulgaria
After entering Bulgaria with the approved long-stay visa, applicants must apply for a digital nomad residence permit with the local migration authorities. Once approved, the permit grants the right to live in Bulgaria while working remotely for foreign clients or employers, similar to other long-term residence solutions.
Family Reunification Options
Holders of the Bulgarian digital nomad residence permit may apply for family reunification. Spouses and dependent children are generally eligible to join the main applicant, allowing families to relocate together and enjoy life in Bulgaria through the family reunification procedure.
Why Digital Nomads Are Choosing Bulgaria
Affordable Cost of Living
Bulgaria offers one of the lowest costs of living in the European Union, making it particularly appealing for remote workers seeking to maximize their income while enjoying a European lifestyle supported by virtual office solutions.
Strategic Location and EU Access
Located at the crossroads of Europe and Asia, Bulgaria provides easy access to both Western and Eastern Europe. As an EU member state, it offers stability, infrastructure, and the benefits of living within the European Union, especially for professionals using serviced offices in Sofia.
Quality of Life
Modern cities with fast internet and coworking spaces
Beautiful nature, including mountains, beaches, and thermal spas
Rich culture, history, and diverse cuisine
Limitations of the Digital Nomad Visa in Bulgaria
While the visa offers many benefits, it is important to understand its limitations. The digital nomad visa does not automatically lead to permanent residency or citizenship. It is a temporary residence solution intended for remote work purposes only, with strict rules regarding income sources and employment, unlike permanent residence pathways.
What Can SofiaOffices Do for You Regarding a Digital Nomad Visa in Bulgaria?
SofiaOffices provides comprehensive support for digital nomads and international professionals relocating to Bulgaria. From assistance with visa and residence permit applications to office rentals, virtual office solutions, company formation, and accounting services, SofiaOffices acts as a trusted local partner.
Conclusion on Obtaining a Digital Nomad Visa in Bulgaria
The launch of Bulgaria’s digital nomad visa marks a significant step toward attracting international talent and remote professionals. With its competitive living costs, EU membership, and welcoming environment, Bulgaria is quickly becoming a top choice for digital nomads seeking a long-term European base, particularly when supported by professional business services in Bulgaria.
Bulgaria’s entry into the Schengen Zone and euro adoption changed the game for anyone considering a long-term stay. A Bulgarian residence permit now means borderless travel across 29 European countries. The Type D visa is your entry point.
Quick answer: The Type D visa lets non-EU citizens stay in Bulgaria beyond 90 days for work, study, family, business, or retirement. The consular department fee is approximately €100 and the process takes about 30 working days and serves as the mandatory first step before applying for a residence permit. Below, we cover every category, document requirement, and step in the process.
Last reviewed: January 2026. Requirements verified against Bulgarian Ministry of Foreign Affairs guidelines.
A Type D visa is Bulgaria’s long-stay visa for non-EU nationals planning to remain in the country for more than 90 days. Unlike short-stay Schengen visas (Type C) that cap your visit at three months, the Type D grants either 6 or 12 months of validity with multiple entries.
Think of it as the gateway document. You can’t apply for a Bulgarian residence permit without first holding a Type D visa. The visa gets you into the country legally; the residence permit lets you stay.
Key Characteristics
Validity: 6 months or 12 months (360 days)
Entries: Multiple
Purpose: Long-term stay for work, study, family, business, retirement, or other qualifying grounds
Prerequisite for: Bulgarian residence permit application
Why It Matters More in 2026
Bulgaria became a full Schengen member on January 1, 2025. Land border checks with other Schengen countries disappeared. If you hold a Bulgarian residence permit (which requires a Type D visa first), you can travel freely across 29 European countries for up to 90 days in any 180-day period. No additional visas needed.
Add the January 2026 euro adoption, and Bulgaria suddenly looks much more accessible for entrepreneurs and remote workers from outside the EU.
Who Needs a Type D Visa?
Any non-EU/EEA citizen planning to stay in Bulgaria longer than 90 days within a 180-day period needs a Type D visa. This includes:
Employees with job offers from Bulgarian companies
Entrepreneurs starting or running businesses in Bulgaria
Students enrolled in Bulgarian universities or language schools
Family members joining relatives who already hold Bulgarian residence
Retirees with pension income seeking a European base
Freelancers and remote workers (including the new digital nomad category)
EU and EEA citizens don’t need a Type D visa. They have freedom of movement and can register for residence directly. Citizens of countries with visa-free agreements can stay up to 90 days without any visa, but if they want to stay longer, they still need the Type D.
Type D Visa Categories
Bulgarian law recognizes 21 grounds for granting a Type D visa under the Foreigners in the Republic of Bulgaria Act. Here are the most common categories.
Employment
You’ve secured a job with a Bulgarian employer. The company must first obtain a work permit through the Ministry of Labour and Social Policy. Bulgaria doesn’t issue open work permits, so you need a specific job offer before applying.
Once the employer has the work permit, you apply for the Type D visa at your nearest Bulgarian embassy. After arrival, you’ll receive a residence permit tied to your employment.
Business and Entrepreneurship
Two main paths here. First, you can establish a company in Bulgaria and demonstrate commercial activity. The catch: you must hire at least 10 Bulgarian citizens to qualify under the standard business ground.
Second, the investment route. Bulgaria’s Golden Visa program requires a fund investment of approximately €512,000 for permanent residency. Smaller investments exist for temporary residence but come with job creation requirements.
Study
Students admitted to accredited Bulgarian universities, vocational institutions, or language schools qualify for a Type D visa. You’ll need an acceptance letter from the institution. The residence permit typically aligns with your academic calendar and allows limited part-time work.
Family Reunification
If your spouse, parent, or child holds Bulgarian residence or citizenship, you can apply for a Type D visa to join them. You’ll need to prove the family relationship with official documents (marriage certificate, birth certificate) translated and apostilled.
Freelance Work
Freelancers need a permit from the Ministry of Labour and Social Policy before applying for the visa. Requirements include:
Detailed business plan
Proof of at least two years of professional experience in your field
Evidence of financial stability
The freelance permit is issued for up to 12 months. You can’t change the scope of your freelance activity during the initial permit period.
Digital Nomad (New for 2026)
Bulgaria launched its digital nomad visa on December 20, 2025. If you work remotely for a company outside the EU/EEA or own a business registered outside these regions, you now have a dedicated path.
Income requirement: You must prove annual earnings of at least €31,000 (calculated as 50 times the monthly minimum wage of €620). This works out to roughly €2,583 per month.
Key conditions:
You work remotely (no local Bulgarian clients or business activity)
Your employer or business is registered outside the EU/EEA/Switzerland
You have health insurance valid across the EU
You can prove accommodation in Bulgaria
The digital nomad residence permit is granted for one year and renewable for another year if you still meet the conditions.
Retirement
Retirees with sufficient pension income can apply for a Type D visa. You’ll need to demonstrate that your pension covers your living expenses in Bulgaria. Given the relatively low cost of living, many Western European and North American retirees find Bulgaria attractive.
Marriage to Bulgarian Citizen
Marrying a Bulgarian citizen or a foreigner with permanent Bulgarian residence gives you grounds for a Type D visa. You’ll need a Bulgarian marriage certificate and proof that the marriage is genuine.
Required Documents
Document requirements vary by category, but every Type D visa application needs these basics.
Universal Requirements
Valid passport: Must expire at least 3 months after your intended departure from Bulgaria. Needs at least 2 blank pages.
Completed application form: Typed, not handwritten. Available from Bulgarian embassies.
Passport photos: 35mm x 45mm, light background, recent
Proof of accommodation: Notarized rental contract, hotel booking, or property ownership document
Health insurance: Minimum coverage of €30,000, valid for Bulgaria and preferably the entire EU/Schengen area
Financial proof: Bank statements showing sufficient funds (minimum varies by category, generally at least 6 months of Bulgarian minimum wage)
Criminal background certificate: From your country of residence, recent
Visa fee receipt: €100 for standard Type D, €200 for 360-day visa
Translation and Apostille
All documents not in Bulgarian must be translated by a certified translator. Don’t skip this step; embassies reject applications with improperly certified documents.
Category-Specific Documents
Employment: Work permit issued to your employer, employment contract
Business: Company registration documents, proof of Bulgarian employees, business plan
Study: Acceptance letter from accredited institution, proof of tuition payment or scholarship
Family: Marriage certificate, birth certificates, proof of family member’s Bulgarian residence status
Freelance: Freelance permit from Ministry of Labour, business plan, professional experience proof
Digital Nomad: Employment contract or business registration (outside EU), income proof (bank statements, tax returns), health insurance valid across EU
Retirement: Pension statements, proof of regular pension income
Application Process Step by Step
1. Determine Your Ground
Identify which of the 21 legal grounds applies to your situation. If you’re unsure, consult with an immigration specialist. Applying under the wrong category wastes time and money.
2. Gather Documents
Collect all required documents for your category. Get translations and apostilles completed. This step often takes longer than expected, especially if you need documents from multiple countries.
3. Schedule Embassy Appointment
Contact the Bulgarian embassy or consulate in your country of residence. Type D visa applications require an in-person appointment. Some embassies have significant wait times, so book early.
4. Attend Interview
The personal interview is mandatory for all Type D visa applicants. No exceptions. Be prepared to explain your purpose for moving to Bulgaria and answer questions about your circumstances.
5. Pay the Fee
The visa fee is €100 for a standard Type D visa or €200 for a 360-day visa. Payment is made at the embassy. The fee is non-refundable even if your application is rejected.
6. Wait for Processing
Processing takes approximately 30 working days. About 90% of applicants receive their visa within 4 weeks (20 working days). Complex cases or incomplete applications take longer.
7. Collect Your Visa
Once approved, return to the embassy to collect your visa. Check all details carefully before leaving.
After You Arrive in Bulgaria
Getting the Type D visa is only half the process. Once you land in Bulgaria, several deadlines start ticking.
Register Your Address (Within 5 Days)
You must register your Bulgarian address with the local municipality office within 5 days of arrival. Your landlord typically assists with this if you’re renting. Keep the registration certificate; you’ll need it for the residence permit application.
Apply for Residence Permit (Within 14 Days)
Within 14 days of arriving, submit your residence permit application at the Migration Directorate of the Ministry of Interior. Bring:
Your Type D visa
All documents you submitted for the visa
Address registration certificate
Application form for residence permit
Once approved, you receive a residence card (personal ID card for foreigners) valid for one year.
Annual Renewal
Residence permits must be renewed annually. Start the renewal process at least 30-45 days before expiration. You’ll need to prove that your original grounds for residence still apply.
Path to Permanent Residency
After living in Bulgaria for 30 months within any 5-year period, you become eligible for permanent residency. This upgrades your status significantly and removes the annual renewal requirement.
Path to Citizenship
After holding permanent residency for 5 years, you can apply for Bulgarian citizenship. As an EU member state, Bulgarian citizenship grants you the right to live and work anywhere in the European Union.
Costs Summary
Type D visa (standard): €100
Type D visa (360-day): €200
Residence permit application: Varies, approximately €100-200
Document translation: Varies by country, budget €50-200
Apostille fees: Varies by country, budget €20-50 per document
Health insurance: Varies by coverage, from €200-500/year
Note: Some categories have additional fees. Work permits, freelance permits, and business registrations carry their own costs.
Fee Exemptions
Certain applicants don’t pay visa fees:
Spouses and family members of Bulgarian or EU citizens (with proof of relationship)
Holders of diplomatic, service, or official passports
Students and accompanying teachers may qualify for reduced fees
Frequently Asked Questions
How long does the Type D visa application take?
Expect about 30 working days from submission to decision. Most applicants receive their visa within 4 weeks. Processing can take longer if your application is incomplete or your case requires additional verification. Apply at least 2-3 months before your planned move to account for potential delays.
Can I work in Bulgaria while my visa is being processed?
No. You cannot enter Bulgaria on a tourist visa or visa-free stay and start working while waiting for your Type D visa. You must have the proper visa and subsequent residence permit before engaging in any employment or business activity in Bulgaria.
What happens if my Type D visa application is rejected?
You receive a written explanation of the rejection. Common reasons include incomplete documentation, insufficient financial proof, or failure to meet the requirements of your chosen category. The €100-200 visa fee is not refunded. You can reapply after addressing the issues that caused the rejection.
Can I travel to other EU countries with a Bulgarian Type D visa?
Yes, with limits. After Bulgaria joined Schengen fully in January 2025, holders of Bulgarian long-stay visas issued after March 31, 2024 can travel within the Schengen area for up to 90 days in any 180-day period. Once you have your Bulgarian residence permit, this travel freedom continues.
Do I need to speak Bulgarian to get a Type D visa?
No language requirement exists for the Type D visa application. However, all documents must be translated into Bulgarian. For long-term residence and eventual citizenship, learning Bulgarian becomes practical, though naturalization has its own language requirements.
Can I bring my family with me on a Type D visa?
Not on the same visa. Each family member needs their own Type D visa. However, once you establish residence, your spouse, children, and in some cases parents can apply for family reunification visas. They follow the same process: Type D visa first, then residence permit.
Final Thoughts
The Bulgarian Type D visa opens the door to one of Europe’s most affordable countries, now with full Schengen access and euro currency. Whether you’re taking a job in Sofia, enrolling in a Bulgarian university, joining family, or working remotely as a digital nomad, the path starts with this visa.
The application process demands attention to detail. Document requirements are strict, translations must be certified, and deadlines after arrival are tight. Many applicants work with local immigration consultants or service providers who handle the administrative burden.
If you’re considering Bulgaria for business, the Type D visa often pairs with company formation services, registered office addresses, and ongoing administrative support. Getting these pieces in place before you apply simplifies the process considerably.
Every Bulgarian company now has euro-denominated share capital in the Commercial Register. The conversion happened automatically on January 1, 2026. What didn’t happen automatically: the paperwork. You still need to file updated corporate documents. This guide covers exactly what’s required, when it’s due, and what it costs.
Quick answer: You need updated Articles of Association (or Statutes for joint-stock companies), a shareholder resolution, and possibly notarized documents. Deadline is December 31, 2026. State fees are waived for this specific filing, though notary costs may apply depending on your company structure.
Last reviewed: January 2026. Based on the Act on Introduction of the Euro (AIERB) and current Commercial Register requirements.
The Legal Framework
The Act on Introduction of the Euro in the Republic of Bulgaria (AIERB), adopted in August 2024, governs the conversion process. Articles 31-33 define how capital converts, the fixed exchange rate, and the Registry Agency’s automatic conversion duties.
Key points from the law:
Exchange rate is fixed at 1 EUR = 1.95583 BGN (irrevocable)
The Registry Agency converts all registered capital values automatically
Companies must update their governing documents within 12 months
State fees for this update are waived
Ownership proportions remain unchanged
Documents Required by Company Type
What you need depends on your company structure. Here’s the breakdown.
OOD/EOOD (Limited Liability Companies)
Most Bulgarian companies are OODs (multiple shareholders) or EOODs (single shareholder). For these entities, you’ll need:
Required documents:
Updated Articles of Association showing capital and share values in euros
Shareholder resolution approving the amendment (unanimous for capital-related changes)
Application form A4 to the Commercial Register
Declaration under Art. 13, para. 4 of the Commercial Register Act
Potentially required:
Notarized protocol of shareholder decision (if your Articles don’t allow simple written form)
Power of attorney (if filing through a representative)
AD/EAD (Joint-Stock Companies)
Joint-stock companies follow a similar process with some differences:
Required documents:
Updated Statutes reflecting euro-denominated capital and nominal share values
Minutes from General Assembly meeting approving the changes
Application to the Commercial Register
Updated share register (internal document)
Variable Capital Companies (VCC/DPC)
VCCs don’t register fixed capital in the Commercial Register. The automatic conversion doesn’t apply the same way. Instead, you must update internal documentation:
Shareholders’ ledger with euro values
Articles of Association reflecting euro amounts
Annual capital determinations in euros going forward
The minimum nominal share value shifts to €0.01 for VCCs.
Document Preparation Checklist
Use this checklist to ensure you have everything ready before filing:
Before drafting:
Obtain current Commercial Register extract showing converted capital
Review existing Articles of Association for notarization requirements
Identify all shareholders and their contact details
Calculate exact euro amounts using the official exchange rate
Document preparation:
Draft updated Articles of Association with euro figures
Prepare shareholder resolution text
Check if notarization is required by your current Articles
Arrange shareholder meeting or written consent procedure
Execution:
Collect signatures from all shareholders (unanimous for OOD capital changes)
Complete notarization if required
Prepare Commercial Register application
Gather all supporting declarations
Deadlines
Three dates matter for this process:
January 1, 2026 (Passed)
The Commercial Register automatically converted all registered capital from BGN to EUR. This happened without any action from companies. Your capital now appears in euros in the Registry system.
December 31, 2026 (Critical)
All companies must file updated governing documents by this date. The 12-month window from euro adoption closes at year-end. Miss this deadline and you face:
Complications in transactions involving shares, loans, or investors
Next Registration Event (Alternative Trigger)
If you need to make any other Commercial Register filing before December 31, 2026, the Registry may require you to update your capital documentation at that time. Some companies will effectively face earlier deadlines based on their business needs.
Fees Breakdown
Here’s what the euro capital conversion actually costs:
State Fees
Commercial Register filing fee: €0 (waived)
The Bulgarian government waived state fees specifically for euro conversion filings. This is unusual. Normal Commercial Register fees run BGN 55 (approximately €28) for electronic filing or BGN 110 (approximately €56) for paper filing. For this particular update, you pay nothing to the Registry.
Notary Fees
Notary costs apply only if your company requires notarized documents:
Signature specimen (per manager): approximately BGN 6 (€3)
Document certification: BGN 100-200 (€50-100) depending on complexity
Notarized shareholder protocol: BGN 150-300 (€75-150) depending on length
If your Articles of Association allow simple written form for capital-related decisions, you can skip notarization and these costs don’t apply.
Professional Fees
Optional but common. Costs vary widely based on company complexity:
DIY approach: €0-50 (just notary fees if required)
Single-member EOODs with simple structures sit at the low end. Multi-shareholder OODs with shareholders abroad or complicated capital histories cost more.
Total Cost Scenarios
Scenario 1: Simple EOOD, Articles allow written form
State fees: €0
Notary fees: €0
Professional help (optional): €150-200
Total: €0-200
Scenario 2: OOD with 2-3 local shareholders, notarization required
State fees: €0
Notary fees: €75-150
Professional help: €200-350
Total: €275-500
Scenario 3: OOD with foreign shareholders, complex structure
State fees: €0
Notary fees: €100-200
Professional help: €400-700
Apostille/legalization (if needed): €50-150
Total: €550-1,050
Step-by-Step Process
Here’s how to complete the conversion from start to finish:
Step 1: Gather current documents
Obtain your company’s current Commercial Register extract and existing Articles of Association. Check the extract to confirm the Registry has converted your capital to euros.
Step 2: Calculate converted amounts
Apply the fixed rate (1 EUR = 1.95583 BGN) to your registered capital and each shareholder’s stake. Round to two decimal places using standard rounding (third decimal â¥5 rounds up).
Step 3: Check notarization requirements
Review your current Articles. Look for language about decision-making procedures. If capital-related decisions require notarized protocols, plan for notary appointments.
Step 4: Draft updated documents
Prepare new Articles of Association with euro amounts throughout. Draft the shareholder resolution approving the amendment.
Step 5: Execute shareholder approval
For OODs, capital changes require unanimous shareholder consent. Hold a meeting or complete written consent procedures. Get all required signatures.
Step 6: Complete notarization (if required)
Visit a Bulgarian notary to certify signatures and contents if your Articles mandate it.
Step 7: File with Commercial Register
Submit the application electronically (requires QES) or on paper. Include all supporting documents.
Step 8: Confirm registration
Wait for Registry processing. Obtain updated company extract confirming the changes.
Common Questions
Do I need to convert the numbers myself?
No. The Commercial Register already converted your capital automatically. Your job is updating your company’s internal documents to match what the Registry now shows.
What if rounding creates ownership discrepancies?
Minor discrepancies up to 5% can be resolved through a simplified adjustment procedure under the AIERB. Beyond 5%, you’ll need formal capital modification procedures.
Can I file without a Qualified Electronic Signature?
Yes, but only by paper filing. Electronic filing requires a QES from a certified Bulgarian provider. Most companies use representatives (lawyers or accountants) who already have QES credentials.
My shareholders live abroad. Does this complicate things?
It can. You’ll need to coordinate signatures across time zones. If notarization is required, foreign shareholders may need to sign before a notary in their country, then apostille the documents. This adds time and cost.
What if my company is dormant?
Dormant status doesn’t exempt you. Every registered company must comply regardless of activity level. Getting this done while dormant actually simplifies things since you’re not juggling other business priorities.
Key Takeaways
Deadline: December 31, 2026
State fees: Waived for this filing
Documents: Updated Articles of Association + shareholder resolution (minimum)
Notarization: Depends on your existing Articles
Total cost: €0-1,000+ depending on complexity
The conversion math happened automatically. The paperwork is your responsibility. Start early to avoid the year-end rush when notaries and legal professionals will be overwhelmed with last-minute filers.
Bulgaria’s Commercial Register converted your company’s share capital to euros on January 1, 2026. Automatically. No application required. But here’s what the Registry didn’t do: update your Articles of Association. That’s on you. And the deadline is December 31, 2026.
Quick answer: Every Bulgarian company must file updated governing documents showing share capital in euros by year-end 2026. The Commercial Register handled the conversion math automatically, but companies must formally amend their Articles of Association and submit them. Miss the deadline and you face fines plus blocked future registrations.
Last reviewed: January 2026. Reflects current Bulgarian commercial law following euro adoption.
What Actually Happened on January 1, 2026
The Registry Agency converted all registered company capital from Bulgarian lev to euros using the fixed exchange rate of 1 EUR = 1.95583 BGN. This happened across the board. Every OOD, EOOD, and joint-stock company in Bulgaria woke up with euro-denominated capital in the system.
Ownership stakes didn’t change. If you owned 50% before, you own 50% now. The conversion preserved proportional rights exactly as they were.
But the Registry only updated its own records. Your company’s internal documents still show the old BGN figures. Legally, that’s a problem.
Why You Can’t Ignore This
Article 32 of the Euro Introduction Act (ZVERB) requires all commercial companies to bring internal corporate documents into compliance within 12 months of euro adoption. For most companies, that means updating:
Articles of Association (for OOD/EOOD)
Statutes (for joint-stock companies)
Shareholders’ agreements referencing capital amounts
Internal share registers showing nominal values
The updated documents must be filed with the Commercial Register before December 31, 2026.
What Happens If You Miss the Deadline
Non-compliance triggers two consequences. First, administrative fines. Second, and worse, blocked registrations. Need to appoint a new manager? Change your address? Add a shareholder? The Registry can refuse to process any application until your capital documentation matches the euro conversion.
For dormant companies, this seems like a distant problem. Until it isn’t. The moment you need to make any Registry change, the compliance gap blocks you.
The Procedure Isn’t as Simple as It Sounds
On paper, you’re just changing numbers from lev to euros. In practice, Bulgarian corporate law makes this more complicated.
Shareholder Decisions
Amendments to Articles of Association involving capital require shareholder approval. For limited liability companies, capital-related changes need unanimous consent from all shareholders. If your OOD has multiple partners, you need everyone on board.
Notarization Questions
Since 2016, certain LLC decisions require notarized records with certified signatures and contents. Capital changes fall into this category, unless your current Articles of Association explicitly allow simple written form for such decisions.
Many older companies never included that clause. Their founders didn’t anticipate needing it. Now they face notary appointments and additional documentation.
Rounding Complications
The conversion uses standard rounding to two decimal places. For companies with clean BGN 2 capital, the math is simple. But companies with unusual capital structures (perhaps from past increases or complex shareholding) may see rounding affect the total.
If rounding causes ownership proportion discrepancies up to 5%, Bulgarian law allows a simplified adjustment procedure. Beyond 5%, you’re into formal capital modification territory with its own requirements.
Filing Requirements
The Commercial Register accepts applications from company managers directly or from lawyers with explicit power of attorney. Electronic filing requires a Qualified Electronic Signature (QES) from a certified Bulgarian provider.
Good news: no state fees apply for this specific euro conversion filing. The government waived registration costs for capital-to-euro updates.
What Our Legal Service Includes
We handle the complete process from documentation to Registry filing:
Document Review and Preparation
Review current Articles of Association and identify all euro conversion points
Calculate precise converted amounts using the official exchange rate
Draft updated Articles reflecting euro-denominated capital and share values
Prepare shareholder resolution for the amendment approval
Corporate Formalities
Coordinate shareholder meeting or written consent procedure
Arrange notarization if required by your current Articles
Obtain necessary signatures and certifications
Commercial Register Filing
Prepare and submit the application to the Commercial Register
Handle any Registry queries or requests for clarification
Confirm successful registration and obtain updated company extract
Documentation Delivery
Provide certified copies of updated Articles of Association
Supply current Commercial Register extract showing euro capital
Deliver complete file of all documents for your records
Who Needs This Service
Every capital company registered in Bulgaria. It doesn’t matter if you’re actively trading or completely dormant. Foreign-owned or locally held. The obligation applies equally.
OOD and EOOD companies: Must update Articles of Association with euro capital amounts and individual share values for each partner.
Joint-stock companies (AD/EAD): Must update statutes with converted capital and nominal share values.
Variable Capital Companies (VCC): Don’t register fixed capital in the Commercial Register, but must update internal documentation including shareholders’ ledger and articles to reflect euro values.
Dormant companies: Still required to comply. No exemption for inactive entities.
Timeline and Planning
The deadline is December 31, 2026. That sounds far away. It isn’t.
Consider the steps: document review, shareholder coordination, possible notarization, Registry filing, and processing time. If your company has multiple shareholders in different countries, scheduling becomes complex. If you need notarization and your Articles don’t provide for simple written form, add those appointments to the timeline.
Companies that wait until Q4 2026 will compete with every other procrastinator in Bulgaria for notary time and legal attention. The Registry will process applications in order received. Late filers risk missing the deadline even with applications submitted.
Start now. Even if your company is dormant, getting this done removes a compliance burden and keeps future options open.
Frequently Asked Questions
Does the Commercial Register charge fees for this filing?
No. The Bulgarian government waived state fees specifically for euro conversion capital updates. You pay nothing to the Registry for this filing. Professional service fees for document preparation and handling are separate from government charges.
What if I have a single-member EOOD?
The process is simpler but still required. As the sole shareholder, you make the amendment decision yourself. You still need updated Articles of Association filed with the Registry by the deadline.
My company has been inactive for years. Do I still need to comply?
Yes. The obligation applies to all registered companies regardless of activity level. Dormant status doesn’t create an exemption. If your company exists in the Commercial Register, it needs euro-denominated documents.
Can I file the application myself without a lawyer?
Legally, yes. Company managers can file directly. But you’ll need to prepare compliant documents, handle any notarization requirements, and navigate the electronic filing system with a QES. Many company owners find professional handling faster and less risky than learning the process for a one-time filing.
What exactly gets converted?
The registered capital amount and the nominal value of each share or ownership stake. For an EOOD with BGN 2 capital, that becomes approximately EUR 1.02. The conversion happens at the fixed rate of 1 EUR = 1.95583 BGN, rounded to two decimal places.
Get Your Company Compliant
The December 31, 2026 deadline applies to every capital company in Bulgaria. The Commercial Register did the conversion automatically, but formal document updates remain your responsibility.
Waiting creates risk. Start the process now while timelines are comfortable and professional availability is good. We handle everything from initial review through final Registry confirmation.
Contact us to begin your company’s euro capital compliance.
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