Your Office In New EU Mem Bulgaria Limited Liability Company

Your office in new EU member Bulgaria Limited Liability Company Druzsestvo s Organichena Otgovornost DOOPrivate Limited Company (a limited liability company) -it is a commercial company with share capital owned by its members whose liability is limited to the amount of the capital subscribed. A private limited liability company may be founded by one or more persons, including foreign natural or legal persons. The minimum foundation capital is BGN 5, 000 divided into shares with nominal value of BGN 10 each and at least 70% of the capital must be paid up on foundation. Contributions to the foundation capital may be paid in cash or in kind. The statutory bodies of the private limited companies are the general meeting of shareholders, which must be held at least once a year, and the managing director or board of directors. A single-person private limited liability company is called "EOOD". It is owned by a natural or a legal person, the sole shareholder exercises the powers of the general meeting and the managing director or board of directors is appointed to run the company. A private limited company must prepare a balance sheet and financial statements each year. The company registration process starts with decision on your company name and is finished with the publication of the court decision in the State Gazette. The length of process is one month after receiving all necessary documents and does not have different requirements for foreigners. The only documents that have to be obtained is copy of his passport. Our company formation package includesReservation and getting of your company namePreparation of company`s deedsBank account openingStampsPostal and registration address (for one year) Obtaining of local ID (BULSTAT) Registration of your company for taxesAdministrative and secretary work for one yearWHY TO INVEST IN Bulgaria? - Political and economic stability- Sustained GDP growth of 4. 7-4. 9% per year- The currency is stable and linked to the Euro- NATO membership achieved in 2004- Rapid economic growth ahead of EU membership- EU membership set for 1 January 2007- Very competitive labour cost compared to the rest of Europe- Very competitive tax regime-15% corporate profit tax as of 1 January 2005- Well educated, highly trained English speaking workforce- Strategic geographic location- Full national treatment of foreign investmentsFor more information refer to http:  /  / www. Ibay. Li / product. Php? Productid=17291 & cat=314 & page=2