Companies are obligated to file with the Commercial Register an application for the registration of all company-related circumstances that are subject to entry along with any changes in relation to already registered circumstances, as well as to present all acts subject to publication. Such obligation needs to be performed within 7 days period, unless another time limit has been prescribed by the law. You can prepare and submit the necessary documents either personally or through engaging the services of a lawyer. If you need help, I am at your service – please, read on to find out detailed information about the offered legal service.

Quick Facts about the Service

You may find below answers to some of the most frequently asked questions regarding the service for entry and publication in the Commercial Register of changes, circumstances and acts:

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My fee for filing changes and circumstances with the Commercial Register is in most cases in the amount of 75 Levs, but in certain cases could be higher (for example, for increase of the registered capital – 100 Levs) or lower (for example, for publication of annual financial statements – 50 Levs) – on page Fees you can find more particular information on the fees for the various types of procedures. It is important to know that the fee may be lower if you choose to use the Electronic Services of the website, as well as that no extra fee will be charged for assistance with procedures before the Commercial Register where a contract for subscribed complex legal services for companies has been concluded.
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The state fee for entry of changes and circumstances in the Commercial Register is in most cases in the amount of 15 Levs and the one for publication of acts – 20 Levs. You may need to pay additional costs as well (for notary, bank and other fees) – their amount will vary depending on the specifics of the particular situation.
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The entry, respectively the publication, is usually registered within 4 business days from filing the documents with the Commercial Register. If the client is readily available, the entire procedure from requesting the service to entering the changes or circumstances, respectively to publication of the act, could be completed within 5 business days (except for procedures that develop in several stages and take more time to complete – e.g., a capital reduction procedure).
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Yes, you can request the service either at a personal meeting in my office or remotely (at a distance) – via phone or email. The service in terms of some of the most common changes in circumstances (e.g., when changing the address of management or replacing a director) can be also requested online (via the Internet) – through the Request an Electronic Service page.
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Details depending on the specifics of the particular situation (UIC of the company, new address, new company name, etc.) will be discussed in the process of requesting the service. You will also need to provide identification documents for the respective persons (photos or scanned copies of such documents are to be provided in the case of remotely requested services).
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The service covers full assistance with the entry or publication of changes, circumstances and acts in the file of your company in the Commercial Register with the Registry Agency – more particularly: drafting the necessary documentation (also in a bilingual Bulgarian-English form where foreign participation is involved), accompanying the client to a bank and to a notary public (if necessary), providing full instructions for signing and preparation of the documentation (in the case of remotely requested services), filing the documents with the Commercial Register.

If you need additional information, please read on to find out more – both general information and links to detailed content on numerous aspects of the procedures relating to entry and publication in the Commercial Register of changes, circumstances and acts.

General Information

The Commercial Register is a unified centralized electronic database containing the entered circumstances about the companies and other merchants; it is kept by the Registry Agency with the Ministry of Justice. Companies-related circumstances that are subject to entry are those for which there are provisions of a law requiring such entry. The legal effect of the various entries into the Commercial Register is governed by the Commercial Register Act.

The circumstances subject to entry are of various types and are provided for in different laws – they are the basis of the registration proceedings before the Commercial Register, governed by the Commercial Register Act and Ordinance No. 1 of 14.02.2007 for administration, keeping of and access to the Commercial Register.

For the purposes of the current service’s presentation the filings with the Commercial Register could be seen in two large groups: entries of changes and entries of additional circumstances. Some of the more common instances are listed below, excluding the circumstances falling under other services (Transfer of Companies, Transformation of Companies and Dissolution of Companies).

Entries of changes in already registered circumstances include various instances, such as changes in the management (replacement, removal, deletion, appointment, etc., of a director or a member of a management body), changes in the registered capital (increase of the capital via monetary or non-monetary contributions, decrease of the capital), changes in other circumstances (such as the company name, address of management, scope of activity), etc.

Entries of additional circumstances also refer to various instances, such as entering or deletion of a procurator, registration of a branch, registration of a pledge (on capital shares or a commercial enterprise), indication of main activity as per NCEA, address for correspondence with the NRA on the territory of the country, declaring beneficial owners, etc.

A standard form application (of Group A or B – for entry of changes or circumstances, of Group G – for publication of acts) along with the prepared documents enclosed thereto needs to be filed with the Commercial Register for the purposes of the implementation of the respective procedure. The application may be filed either on paper or electronically (via the Internet) by being signed with an electronic signature – including by a lawyer authorized for such purpose.

Filing Procedures with the Commercial Register

There are many specifics in the procedures relating to entry and publication in the Commercial Register of changes, circumstances and acts and that is the reason why such procedures have been explained in detail and developed in separate articles – part of the Info Center section of the website. Each article contains detailed information on the stages of implementation of the respective procedure along with complete lists of all necessary documents and applicable costs.

You may find in the right section of the page under Related Procedures a list of all articles published so far in the category of the service described herein, namely: the procedures for entry of changes in the management, capital, address, name or scope of activity of a company, as well as the procedures for opening of a branch and publication of annual financial statements.

As a lawyer practicing in the field of corporate and company law I have extensive experience in registration proceedings before the Commercial Register – having had numerous occasions to assist with procedures as the above mentioned, but also with procedures for entry and publication of various other types of changes, circumstances and acts.

Questions and Answers

Although the articles contain detailed information, there are still many specific elements of the filing procedures with the CR that might remain out of their scope. That is the reason why the website has been designed to allow online discussion of the published articles and posting questions to them – thus aiming to help clarify the respective topics through exchange of information and opinions on related matters of interest to the users.

You may find in the right section of the page under Related Questions a list of the latest questions published in the “Filings with the Commercial Register” category. If you would like to see all questions, please visit the Questions and Answers page and use the available web form to filter the results by the respective category.

Still not finding the information you need?

If you are not finding the information you are looking for and have additional questions regarding the above described service, please don’t hesitate to contact me via any of the ways listed on the website, including via Viber or Skype. I am at your service and will gladly answer all of your questions so that you can make an informed decision as to whether or not to use the service for entry or publication in the Commercial Register of changes, circumstances and acts.

If you would like to reach me, please use the contact information below or visit the Contact page (there is also a web form on the page that you may use to send me a message).