Bulgaria adopted the euro on January 1, 2026, but every company must still update its Articles of Association with euro-denominated capital and file them with the Commercial Register by December 31, 2026. Missing the deadline — or filing any other change without the update — can block your company's registrations and trigger fines.
Bulgaria's new Variable Capital Company (VCC) lets you register a company without a bank account or minimum capital, entirely remotely. Combined with a 10% flat corporate tax and euro adoption in 2026, it's the most practical way for foreign entrepreneurs to set up in the EU's lowest-tax jurisdiction.
In this video I'm discussing the most important things about the Bulgarian limited company. How to start an ltd, what you need to know about deposition of the registered capital, caveats and pitfalls when deciding on the structure.