Registration of Joint-Stock Company
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| Authority |
District Court |
Required documents
and procedure |
Persons entitled to request registration-only the relevant managing body of the company could request registration in the Commercial register.
Preliminary preparation for the registration procedure:
- Reservation of company name and obtaining a certificate for uniqueness of the company name
- Holding a Constitutive Meeting, where the memorandum of association is accepted and the managing bodies are voted. At the meeting all shares of the JSC capital should be subscribed.
- Founders Contributions, which must be made by the founders-in money or non-cash.
Necessary documents for registration in the Commercial Register:
- Application signed by all members of the managing body
- Memorandum of association, accepted on the constitutive meeting
- Minutes of the constitutive meeting, drawn in compliance with the terms and conditions of art.232 and subsequent from Commercial Law
- List of the persons, subscribing shares upon the incorporation (founders) attested by the managing body
- Bank document for pecuniary contributions, installed by the subscribers
- Written consent with a notary certified signature of the contributor of a non-cash contribution
- Notary certified signature specimens of the persons, who shall represent the company
- Founders� declarations (if natural persons) stating that they are not declared insolvent and court certificates for the founders-legal persons are not declared insolvent
- Declarations of the members of the managing authorities that they agree to become members of the relevant authority
- Experts� statement duly admitted by the district court if non-cash contributions are made
- For founder-legal person-registration judgment, certificate for actual status, managing body resolution for participation in the joint-stock company and an express notary certified power of attorney of the person who represents the legal person at the constitutive meeting
- Receipt for paid state taxes
- Receipt for paid fee for publishing in the State Gazette
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| Fees |
Reservation of company name and obtaining a certificate for uniqueness of the company name - BGN 200; For JSC registration - BGN 400; For registration of banking or insurance JSC - BGN 1,500; For registration of JSC branch - BGN 200; Minimum capital for establishing JSC - BGN 50,000; For publication in the State Gazette - BGN 25 |
| Timeframe |
Not specified
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| Legal framework |
Commercial Law |
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