How much time it takes for registration a company for foreign origin?
I am planning to start a Real Estate company in Bulgaria. As per Bulgarian Constitution foreign citizens are not allowed to buy real estate property together with the land. Therefore you shall have to register a company in order to purchase real estate including land in Bulgaria. We usually advice our clients to register a limited liability company.
The person/persons registering the company shall be liable to deposit such part in its registered capital, which is equal to his/her percentage of shares owned. The required minimum registered capital for a limited liability company is 5 000 BGN deposited in your company?s bank account. I could not gather the information how much time it takes for such registration. If someone can provide the information it would be great help.
Thanks
Raul
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