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Two Weeks to Register Bulgarian Firm as of August
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Companies will be able to incorporate under Bulgarian legislation within two weeks as of August 10 when a new law enters into force, Justice Minister Anton Stankov announced on Tuesday.
Pursuant to the new statistical registration law of Bulgaria to become effective in the beginning of August, the term of court registration is considerably shortened compared to the current two-month period necessary for head-to-tail legalisation of companies.
Minister Stankov also said that a unified e-register of all legal entities is set to start functioning by the end of 2006.
The register however will exclude from enlisting certain types of legal persons, such as religious communities, political parties and trade union associations.
The Statistical Registration (Bulstat) Act was adopted last month and envisions the replacement of all administrative actions to incorporate commercial companies with a single unified registration number at the Incorporation Agency established with the Justice Ministry. |
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Cheap Properties in Bulgaria >>
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Breathtaking My Bulgarian Property RUS7633
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 9000 EUR
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Agricultural Land for sale in Bulgaria-Bulgarian Property - SLAND02
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Brief: Houses for sale near Ruse
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Brief: Houses for sale near Ruse
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Brief: Houses for sale near Ruse
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Brief: Large apartments for sale in Ruse
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Brief: Houses for sale near Veliko Tarnovo
Area: 160 sq.m.
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