Open an SPV in Bulgaria

If you want to open an SPV (Special Purpose Vehicle) in Bulgaria, it is recommended to know the incorporation formalities as well as the characteristics of this structure. In the following lines, you can find out details about how to open an SPV company in Bulgaria, specifying that our company formation agents in Bulgaria can help you with all the procedures.

What is an SPV company in Bulgaria?

Usually, an SPV company in Bulgaria is established for various projects to avoid the financial risks of a company. Also, a company in Bulgaria can easily open an SPV, taking into account the formalities. Here are some details about the SPV company in Bulgaria:

• The limited liability company is the proper structure for opening an SPV company in Bulgaria.
• With an SPV company in Bulgaria, you can undertake varied projects, protecting the assets of the parent company.
• Also, there are varied tax benefits when opening an SPV in Bulgaria.
• An SPV company in Bulgaria can operate without problems if the parent company becomes bankrupt.
• An SPV in Bulgaria can facilitate financing for big business projects. Please get in touch with us if you want to open an SPV in Bulgaria.

We invite you to contact our local agents if you want to open an SPV in Bulgaria and make sure that you comply with all the incorporation formalities.

Best use for SPV companies in Bulgaria

If you want to set up a company in Bulgaria and more precisely an SPV, you can discover here which is the best use for this kind of structure. For example, you can finance certain projects in areas such as real estate or infrastructure, without taking any financial risks. You can also raise capital with an SPV company in Bulgaria, at favorable rates, without the parent company being involved, which is an advantage. It can be said that opening an SPV company in Bulgaria means isolating financial risks.

We invite you to learn more about company incorporation in Bulgaria from our local agents, including details about SPV companies in Bulgaria. We are here to explain how to open a company in Bulgaria.

How can you incorporate an SPV company in Bulgaria?

Considering that a limited liability company is the optimal structure for opening an SPV company in Bulgaria, the formalities are quite simple and straightforward. The basis of the SPV formation in Bulgaria is the Articles of Association. The board of managers in charge of the respective SPV company in Bulgaria, tax ID, and bank account are also needed. Company formation in Bulgaria comes to the attention of our specialists, so you can contact us if you are interested in opening an SPV in Bulgaria.

Accounting aspects for SPVs in Bulgaria

When you open an SPV company in Bulgaria, you must also consider accounting matters of this structure. For example, SPV in Bulgaria can have its balance sheet and also has the obligation of tax filing and returns. Our accountants in Bulgaria can tell you more about these aspects and offer you the necessary services in this regard.
Here are some details about the Bulgarian economy if you are interested in doing business in this country:

• According to the most recent data, Bulgaria was the 3rd largest electricity exporter in Europe in 2022.
• An economic growth of approximately 2% is estimated in Bulgaria, until the end of 2023.
• The unemployment rate is expected to remain at around 4.2%.

Are you interested in a startup in Bulgaria? Do you want to open an SPV in Bulgaria? We invite you to contact our company formation agents in Bulgaria and learn more about the formalities involved.