Setting-up a transport company in Bulgaria

Setting-up a transport company in Bulgaria            

Our specialized team undertakes the process of setting-up a transportation company in Bulgaria with full monitoring services and flat tax 10%.

The stages for setting-up a transport company in Bulgaria include:

Company Set up (Limited liability-LLC) (single or multifaceted)
1) Includes the preparation and completion of all documentation required for the creation and launch of the company.
2) Translation of all the documents in any European language.
3) Submit all documentation in the commercial register of Bulgaria.
4) Provision of corporate seal of the company.
5) Opening a corporate account with payment (advice for 2.500 Euros, capital cash back after the publicity in the Government newspaper).

6) Listing of the Company's system VIES.
7) Registration of the Company's tax status, as well as the customs department for the issuance of (EORI-Economic operator registration and identification code) necessary to custom clearance goods from or to countries of the European union.

 The estimate time of company registration process after document signing is 20-25 Days.

Cost of Insurance and Card trucks issues  

·        Time issue of blue card for 5 years.

·        Issue of mother card

·        Issue for any next card

·        Car Labels, road tax, Moto meter, translations documents, Technical control of trucks for 1 year (6 months for trucks up to 10 years), insurance coverage and green card issue for 1 year.

·        Issuing invoices and original licenses.

·        CMR insurance -  commodity coverage for 1 year.

·        CDW insurance 2.3 - 2.6% of the real truck price.

Staff Insurance costs

The staff insurance estimate costs are:

Stamp and insurance covering of the company’s executive director.

Stamp and insurance covering of the driver.

Stamp and insurance covering for transport manager.

Estimate total time for Launch Company is 40-45 days. 

Meliton At Glance - Start you Business in Bulgaria now

M

eliton Group is a consulting firm founded in March 2012 in Bulgaria. Our main focus is to provide with high quality of services in the field of business organization in Bulgaria. After the entry of Bulgaria into the European Union in 2007, a number of important benefits obtained for potential investors due to attractive business environment and investment opportunities it offers. For those reasons, Meliton Ltd encourages you to set up or to transfer your business in Bulgaria providing a full package with legal and accounting services. Our team care about your business future, with consistency and accountability to your investment.

WHY IN BULGARIA?

•  Low taxation of individuals 10% (Flat Tax)
• Corporate tax 10% (Flat Tax)
• 5% tax on dividends
• VAT 20%
• Minimum required capital for investment is 2 lev = 1 Euro.
• Tax refund within 30 days.
• 0% tax in parts of Bulgaria with high unemployment.
• 0% tax on intro-Community transactions.
• Stable banking system.
• Signing international agreements in force on the avoidance of double taxation in most EU countries.
• Avoid complicated tax systems.
• Bulgarian invoices are recognized across Europe.
• Multiple use of the company's activity.
• Short distance from important trading paths as Greece, Romania, Turkey
• Low insurance contributions.
• Low accounting cost.
• Low labor costs.
• Perfect use for e-shops and products for imports - exports within the European Union.
• 2 years VAT exemption for equipment imports and approved investment plans for over 5 million euros, creating at least 50 jobs.
• Tax depreciation for 2 years for buying new computers and production equipment.
•  Easy access to the Russian Market.