Fast, professional service
Non-EU requirement for property ownership
Company Formation with Bulgariadirect
A simple one-off formality serving as your gateway to limitless land ownership.
Your key to freehold land comes with no additional obligations. With just one non-trading company you can acquire as much land as you wish nationwide, growing your portfolio without restrictions or limits.
A number of benefits are granted with company formation aside from freehold land ownership. Those include asset protection, increased privacy and a simple future resale process for those investing in Bulgarian properties.
Although by no means essential, company formation also enables you to set about starting up your own business. The most popular startups among UK expats include bars, shops, Airbnb guest lets, farms, and a multitude of home based online businesses.
In Bulgaria you will benefit from one of the world’s lowest tax rates: A flat 10% on profits, or as low as 5% depending on how you are structured.
Those with existing UK businesses may also wish to move all or part of their activities to their new Bulgarian company, taking advantage of low tax rates and seamless access to EU markets.
At just €200 (one-off), formation costs are affordable to most. Costs are not required upfront; you can form your company at the time of completing formalities on your properties.
Alternatively, you could opt for a variety of different formation packages, including options such as a company bank account; adding a layer of financial privacy. Company accounts include all the usual facilities such as debit cards and online banking in multiple currencies (inc. GBP). Bank charges in Bulgaria are under 1/3 of UK averages, which is just one of countless examples of the low costs you will benefit from.
For those unable to travel, there is the option of remote formation, or buying a pre-registered off-the-shelf company.
From back in the day when Bulgaria was the non-EU side, we have years of experience with company formations. Today we find ourselves in a similar environment, yet this time round the UK is the non-EU player. What may at first seem a slight hurdle, will in reality open up new opportunities to all aspiring home owners.
As you can see, forming a company is not a costly, difficult or time-consuming process and certainly nowhere near as daunting as it may sound at first.