Bulgarian - closure of the company and VAT

[brainbug]

Hello,
Anyone know the process / real cost of closing a bulgarian company that never had any activity and VAT?

 

[brainbug]

No one? 🙂

 

[Martin Everson]

Yes no one 😀

P.S But cross your fingers you may get lucky.

 

[nov111]

The procedure is as follows:
1. A certificate must be issued by the national revenue‌ agency.
2. A liquidator is appointed (may be the manager) and must make a notarized‍ consent to this.
3. The documents are filed with the Commercial Register and the company⁠ is declared in liquidation.
4. If the company is VAT registered, a request for deregistration⁤ is filed
5. A request is made for a certificate from the National Social Security⁣ Institute that it had no employees on contract. If it had employees it is a⁢ little more complicated.
6. After a period of 6 months has elapsed since the company︀ was placed into liquidation, it can be wiped out.

Seems a bit messy, but it︁ really isn't.

 

[brainbug]

Thanks for the reply.
What are the actual︂ costs of all of this?

 

[cyprusbanker]

If you don't live in Bulgaria just let it be and government will dissolve it‌ after some time.

 

[nov111]

The government never dissolve your company automatically.‍ There are yearly fines if you don’t publish annual report in commercial registry.

It depends - from 500 to 1000 euro.

 

[brainbug]

Thanks for the reply
Any recommendation of a company or a lawyer⁠ that can assist?

 

[brainbug]

Any recommendation of a company or a lawyer that can assist dissolving Bulgarian company and‌ canceling VAT?

 

[nov111]

I will upgrade the account in a few days and‍ then I can recommend. Forum rules must be respected 🙂

 

[Dandyline]

In many countries, there are companies that buys the company from you and then handles‌ everything. Mabye something similar in BG?

 

[brainbug]

Good question
Thanks
Will be happy to know 🙂

 

[JohnLocke]

Typically, a company is forcibly‍ dissolved if it fails to submit its accounts and someone resigns as director. At least⁠ that's the case in many countries.

 

[brainbug]

I don’t know
But i Prefer not to test the theory and wake up⁠ with a problem in a few years

 

[CoinMaster]

why don't you ask a local lawyer to help you close the company by regulation‌ rather than wasting time here? I mean, if you are so afraid of the consequences‍ you waste your time here with your question.

 

[brainbug]

I meant⁠ that i don’t want to waste months to wait and see what happens, i am⁤ asking here if someone can recommend local lawyer that can help with it.
Not really⁣ sure why it bothers you and if it does, there are other threads you can⁢ can focus on in this forum