The Trade Register

The Trade Register and Register of Non-Profit Legal Entities (maintained by the Registry Agency) is the central public database of all companies in Bulgaria. Any change to your company’s registered details must be filed with the Trade Register to become legally effective and visible to third parties.

Common Changes Requiring Registration

Change of Company Name

To change your company’s trade name:

• Pass a shareholders’ resolution (or sole owner’s decision for EOOD)
• Verify the new name is available in the Trade Register
• Amend the articles of association
• File with the Trade Register

Change of Registered Address

Moving your company’s seat or management address:

• Pass a resolution approving the new address
• Obtain a declaration of consent from the owner of the new premises
• Amend the articles of association
• File the change — no fee if within the same registration district

Change of Manager

Appointing a new manager or removing an existing one:

• Pass a shareholders’ resolution
• The new manager signs a consent and specimen signature declaration (notarized)
• The new manager provides a declaration of no disqualification
• File with the Trade Register

Change of Ownership (Share Transfer)

When company shares change hands:

• Execute a share transfer contract with notarized signatures
• Pass a shareholders’ resolution accepting the new owner
• Amend the articles of association
• File with the Trade Register

Capital Increase or Decrease

Changing the registered capital:

• Increase: resolution, new capital contribution, amended articles
• Decrease: resolution, creditor protection procedure (for significant decreases), amended articles
• File with the Trade Register

Change of Business Activity

Adding or modifying your company’s declared activities:

• Pass a resolution
• Amend the articles of association
• File with the Trade Register

The Filing Process

Step 1: Prepare Corporate Decisions

All changes start with the appropriate corporate decision:

• EOOD: decision of the sole owner
• OOD: minutes of the general meeting of shareholders
• AD: minutes of the general assembly or board decision

Step 2: Prepare Supporting Documents

Depending on the change, gather:

• Amended articles of association
• Notarized declarations and consents
• Proof of capital contribution (bank certificate)
• Property owner’s consent for address changes
• Share transfer contracts

Step 3: File the Application

Submit the application electronically through the Trade Register online portal or on paper at a Registry Agency office. The application must include:

• Standard application form (Form A4 for changes to existing companies)
• All supporting documents
• State fee payment receipt
• Power of attorney if filed by a lawyer

Step 4: Review and Registration

The Registry Agency reviews the application within 3 business days (for electronic filing) or 5 business days (for paper filing). If the application is incomplete, the agency issues instructions for correction with a deadline to comply.

Fees

Filing Method	Fee
Electronic filing	BGN 15
Paper filing	BGN 30

Electronic filing is half the cost and faster, making it the preferred option.

Deadlines

Most changes must be filed within 7 days of the corporate decision. Late filing does not invalidate the change but may result in:

• Administrative fines for the company manager
• The change being ineffective against third parties until registered

Annual Financial Statements

Companies must also file their annual financial statements with the Trade Register by September 30 each year. Failure to publish results in fines starting at BGN 200.

Get Help with Trade Register Filings

Filing changes with the Trade Register requires precise documentation and compliance with formal requirements. Attorney Biser Dimov in Troyan handles Trade Register filings for foreign-owned companies, ensuring changes are processed quickly and correctly. Contact us for assistance with your company updates.