What is a limited liability company (OOD/EOOD) in Bulgaria?
For foreign entrepreneurs considering starting or expanding their business in Bulgaria, choosing the right legal form is a key first step.
One of the most popular structures among foreign investors is the OOD/EOOD (Limited Liability Company -LLC) – a form that combines flexibility, security and easy management.
It is particularly suitable for Italian businesses that want to take advantage of Bulgaria’s tax system and favourable business environment.
In this article, we’ll briefly explain what a Limited Liability Company is, what its benefits are and how SAAD Consulting can help you get started.
What is an OOD/EOOD?
A limited liability company is formed by one or more persons who are liable for the company’s obligations only up to the amount of their share capital contribution.
This structure is equivalent to the Italian S.r.l. (Società a responsabilità limitata), but offers additional advantages under Bulgarian law.
- 👉EOOD – sole proprietorship (one owner)
- 👉OOD – a company with two or more partners
Founders may be natural or legal persons, including foreigners.
The legal minimum capital is BGN 2 (about EUR 1) – one of the lowest required in the European Union.
Key features of OOD/EOOD
- Limited liability – the partners shall be liable only to the extent of their share of the capital.
- Flexible management – may be managed by one or more managers who are not necessarily partners.
- Statutory minimum capital– BGN 2 is sufficient for registration (in Italy: minimum EUR 10,000 for a standard S.r.l.).
- Quick registration – the process takes 3-5 working days and is extremely simplified.
Tax advantages of OODs in Bulgaria
As we explain in our article “How does the 10% flat tax work?” – Bulgaria offers one of the lowest tax rates in the EU:
- 💰Corporate tax – 10% (in Italy IRES is 24% + IRAP around 3.9%)
- 💸Dividend tax – 5%
- 🧾VAT registration – facilitates international trade and tax refunds
These advantages, combined with low operating costs, make OOD an excellent choice for Italian companies looking to optimize their finances.
Why OOD in Bulgaria is suitable for Italian entrepreneurs?
Minimum start-up costs – capital of €1 and state registration fees between €28 and €77.
Perfect for international business – Bulgaria’s strategic location provides easy access to European and Asian markets.
Simplified administration – less bureaucracy compared to Italy.
Support for foreigners – you do not need to speak Bulgarian or be physically present in the country.
Bulgaria offers a stable economic environment, low taxes, cheap labour and easy access to EU markets.
Compared to Italy, the procedures are faster, more transparent and significantly cheaper.
OOD is the perfect legal form for Italian entrepreneurs looking to take advantage of:
- low tax rates,
- minimal start-up costs,
- and full own capital protection.
How can we help you?
At SAAD Consulting, we know that starting a business in a foreign country can seem complicated.
That’s why we offer full support for Italian entrepreneurs who wish to register a limited liability company (OOD/EOOD) in Bulgaria:
✅Fast registration – preparation and submission of documents, opening a bank account
✅ Tax planning –tax optimization according to your business model
✅ Accountancy services –VAT, salaries, annual accounts
✅Consultations in Italian – full communication and documentation in Italian
Are you ready to start your OOD in Bulgaria?
📞Contact SAAD Consulting for a personalized consultation and fast start of your business.