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Only 2 BGN to be the minimum foundation capital for company registration in Bulgaria

05.10.2009

Only 2 BGN to be the minimum foundation capital for company registration in Bulgaria At this moment ,Bulgaria is one of the countries in the world with the lowest minimum foundation capital.
According to Executive director of the confederation of employers and industrialists in Bulgaria, Evgeni Ivanov, decreasing the minimal foundation capital from 5000 BGN to 2 BGN ( about 1 EUR) will create conditions for a quick registration procedure.
This way the law will stimulate entrepreneurs and they will create new goods, new jobs and services.
It is believed that this measure will raise the level of entrepreneur ship in Bulgaria.

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Buying property in Europe from the other side of the world, presents all manner of difficulties, even before one factors in the current martial law in Philippines , and Brexit ( for a UK passport ) in Europe. I had previous experience of buying in Bulgaria, and already knew a number of local agents. Kunka, I came to know about a year before I finally managed to make the return... she admitted that the extraordinary set of circumstances I faced, took more than a little understanding, since they seemed unbelievable. Nonetheless, she neither flinched, nor blinked, and with utmost patience, helped me through not only the purchase, but a whole heap of other problems. Both she and Hristov were kindness itself, and always stood ready to assist. Not only were they very capable as agents, and professional in every way, but their assistance has been extremely welcome, given the immense difficulties faced. With experience of agents here and internationally, I'm happy to offer the highest of recommendations for their professionalism , help well beyond the terms of house purchase, and for their sincerity and friendship. Andrew Davies

— Andrew Davies, UK