Bulgaria is an attractive destination for company formation due to its low corporate tax rate, strategic location within the European Union, and relatively simple registration procedures. Entrepreneurs can choose from several legal forms, with the limited liability company being the most popular option for small and medium-sized businesses.
The process of company formation typically includes selecting a company name, preparing incorporation documents, opening a capital bank account, and registering the company with the Bulgarian Commercial Register. Once registered, companies can operate freely within Bulgaria and across the EU market.