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What to Look for in a Company Formation Agent

There are a few kinds of organizations proper for leading business in Bulgaria. As indicated by the Commercial Law gave by The Supreme Court of Cassation of the Republic of Bulgaria, business people can pick between five principal sorts of business. Article 64, section 10, division 3, specifies their overall qualities.

a) Bulgarian General organization (subiratelno druzhestvo)

An overall association is an organization framed by at least two people to go through with business exchanges by occupation, under a joint business trademark. This sort of big business 公司秘書 doesn’t need a base measure of capital. The accomplices bear joint and limitless obligation, past the sum contributed by every one. Benefits are shared similarly, and each broad accomplice has an equivalent right to take part in the administration and control of the business.

b) Bulgarian Limited association (komanditno druzhestvo)

This association is laid out by at least one general accomplices who deal with the undertaking, and restricted accomplices who put away cash, yet have restricted obligation in congruity with how much the settled upon commitment. Normally restricted accomplices get pay, capital gains, and tax breaks, like a profit. The general accomplice gathers charges and a level of the pay and advantages, recently settled.

c) Bulgarian Limited risk organization (drujestvo s ogranichena otgovornost)

The restricted risk organization is an adaptable type of business venture, mixing components of organization and corporate designs. It is established or possessed by at least one people, including unfamiliar or lawful people. The investors are responsible for the organization’s commitments with their commitments to the capital of the organization. Each accomplice needs to settle up, or contribute its advantage, and the inability to do that, comprises justification for the removal of the accomplice. Accomplices share the privileges to participate in the administration of the organization, in the dissemination of benefits, to be educated regarding the organization’s issues, to audit the organization’s books and to liquidation methodology. This sort of business element should have at least 2 BGN (Bulgarian Lev, the cash of Bulgaria) approved capital.

d) Bulgarian Joint-Stock Company (aktsionerno druzhestvo)

The capital supply of this sort of organization is separated into shares, and can’t be less then 50.000 BGN. An offer has a base ostensible worth of 1 lev and it is indissoluble. The organization enlisted for this sort of business can expand its capital stock by giving new offers, or decrease it by utilizing shares with a lower ostensible worth, or by scratch-off of the offers. The investors are committed to contribute for the offers bought in, and on the off chance that this limitation isn’t regarded, the investor owes revenue. The organization’s organs are separated in two: the gathering of the investors, and the governing body. The business entity is at risk before its loan bosses with its resources and needs to run full bookkeeping. The yearly budget report is reviewed by the enlisted inspectors delegated by the General Meeting.

e) Bulgarian Partnership restricted by shares (komanditno druzhestvo s aktzii)

This sort of organization is characterized by a temporary element between a business entity and a restricted association. The general accomplices have limitless obligation, while at least three restricted accomplices have a risk impacted by their portion commitment. The general accomplices structure the organization and reserve the option to choose their restricted accomplices from supporters. The arrangements and the organs of the organization restricted by shares are applied as in the business entity.