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Starting a Business in Bulgaria


In Bulgarian law there are no restrictions on foreigners setting up a company in Bulgaria: there are no special requirements for their participation in the establishing of a company such as a work permit or resident permit.

There is an an exception to this rule which exists in connection with registering as a sole proprietor. The requirements are different: a foreigner who wants to be registered as a sole proprietor should have a residence in Bulgaria. The liability of the sole proprietor is unlimited.