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Do you want to open an LLC in Bulgaria? Here are the types of companies, the advantages and how to open one

If you are thinking of opening a company in Bulgaria it is good to know that there are different types of companies in this country; the one that is mainly used by Italians who want to open their own company in Bulgaria is the SRL, which here is called OOD.
A distinction must be made immediately between EOOD and OOD:

• la EOOD è una forma di società a responsabilità limitata (quella solitamente scelta per fruire del regime fiscale agevolato per le imprese) che si caratterizza per la presenza di un socio unico. Un po’ come avviene con la Srl italiana a rispondere verso i creditori è il solo capitale sociale e non le proprietà materiali e immateriali del socio unico. Si configura quindi come la soluzione ideale per chi sta intraprendendo un’impresa personale in Bulgaria.
• the OOD is similar to the EOOD to the extent that creditors can recover any unpaid debts only from the share capital; it differs from the EOOD in that to establish this type of company the presence of at least two partners is required.

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