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Limited Liability Company (EOOD)

Set-up Fee €745

Registration of contact person, as legally required – €900/annual (€75 per month) (*)
Registered address – €540/annual (€45 per month)
VAT registration – €250, including all state fees
Bank Account Opening – €480
Certified corporate set of documents for Bank Account
opening purposes – €270
Certified corporate set of documents for Client’s file – €270
DHL courier (2) – €90

Please find our list below for “Optional Services”.

* Registration of contact person
In case the director and shareholder in the company are foreign person the Anti money laundry legislation prescribes obligation for registration of a contact person – Bulgarian physical person or foreign person with permanent residence in Bulgaria and the main obligation of the person I to receive notices from the authorities in case a contact with the manager is needed. Most of the banks in Bulgaria also require a contact person to be announced before the bank account of the company is opened.


TBA provides straightforward, upfront, and affordable pricing. Your company will be formed for a flat fee €745 depending on eventual additional services, from our listing below, you may eventually be interested in.

Legally and required services included

– A company head office (Registered address and Agent).
– Resolution for the appointment of initial Members and Directors, and distribution of share participations.
– Corporate Management and Compliance Services, to keep the Company in good-standing and full and legally compliant, for 1st Year.
– On-going verification that the company complies with local laws, for 1st Year.
– A fully dedicated agent from TBA at your service for first year.

List of documents included

– Constitution – Notary Deed in Bulgarian language
– Business Registration Certificate
– PDF Copy of Notary Deed
– PDF Copies of All Customized Paperwork
– Digital Company Kit


– Incorporation documents preparation with all necessary power of attorneys.
– Public notary fee.
– All government fees and submission to the trade register.
– Start-up capital of 10BGN (5EUR).
– Bank account opening.
– Provision of Registered Office.
– Provision of Local Contact Person, as legally required.
– Corporate compliance services.
– Incorporation fee includes package of corporate documents certified as true copies by the Resident Registered Agent.

Optional Services

– Bank Account opening – €480 (*)
– Package of Corporate Documents with Notary Only – €185
– Package of Corporate Documents with Notary and Apostil – €270 (**)
– Certificate of Incumbency – €125
– Provision of Nominee Director – €900
– Provision of Nominee Shareholder – €450
– Certified apostilled Full Power of Attorney – €425 (***)
– Exclusive Telephone Line in Bulgaria – €320
– DHL delivery of documents – €90

(*) Price can differ, depending on bank we shall be opening the account with but to be previously agreed with you.
(**) Required, in case Client has ordered our Bank Account Opening services.
(***) Required in case Client has contracted our Nominee Services.

Annual Services
2nd and subsequent years

– Government License Fee – €35
– Provision of Registered Office – €540
– Provision of Local Registered “Contact Person” – €900
– Annual Accounting services will depend on volume of documents to be agreed
– Corporate Management and Compliance services under BG Laws – €600
– Annual Customer due diligence (CDD) and Acting as Designated Representative including collecting, updating, and keeping all corporate Reports, required as per current legislation – €185

Should you have any question or matter
You would like to discuss or clarify with us


Should you like to receive further Information
About our services and fees,…

Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your company.

You may call or email us, and we will be happy to assist you in a fast and efficient manner.

You can also come and visit us at our Limassol offices to discuss issues face to face if you prefer. Just arrange an appointment and we will be happy to meet with you.

Licensing Services
Our Company Services
Services we DO and Services we DO NOT DO

Our company is EXCLUSIVELY engaged in assisting worldwide clients, either individuals or corporate entities, to get duly and properly registered and licensed with local Regulators and Financial Authorities to get respective official licenses to legally carry out their cryptocurrency business activities.

TBA & Associates Tax Business Advisors Limited does not carry out any sort of Cryptocurrency Business Trade