Change of address of a Bulgarian company

Last Updated on September 30, 2023 by Bulgarian attorney

Changing the Address of a Bulgarian Company is essential not only when you change the place of management but also in various other situations that may not be immediately apparent.

Mitigating liabilities: Changing your company’s address can prove advantageous, especially when creditors are attempting to initiate legal proceedings against you. Changing the address can introduce delays in notifying the debtor about ongoing proceedings, affording valuable time to manage and potentially mitigate liabilities. You may even contemplate changing ownership, directorship, or considering the liquidation of the Bulgarian company as strategic options. Therefore, the significance of a change of address as an initial step in liability avoidance should not be underestimated.

VAT registration: While the VAT registration process itself is relatively straightforward, if your address is blacklisted or if you’ve previously been VAT-deregistered at the same address, you might want to consider changing it before reapplying for VAT reactivation.

Enhancing Reputation: Your company address is also tied to your reputation. Even if it’s a virtual office you’ve never physically visited, having a prestigious location near government institutions can enhance your company’s perceived value.

Meeting Banking Requirements: Your service provider should be capable of providing a rental agreement required for opening a bank account or establishing an account with institutions like Revolut or other Electronic Money Institutions (EMIs). It’s advisable to confirm with your service provider whether they can provide this documents before proceeding with the company formation or change of address process.

Amazon Business: Specific online trading platforms, such as Amazon, may necessitate a unique address for your business to be eligible for their platform. If such an address is required, our team is ready to offer this service.

How long does it take to change a company address in Bulgaria?

A change of address, takes 5-7 working days from the day of receiving an authorisation.

For more information about changing the address of a Bulgarian company, please get in touch with our team.

change of address of a Bulgarian company

Registered office address in Bulgaria