Bulgarian company bank account
How to open a bank account in Bulgaria?
Our lawyers can assist you to open a bank account in Bulgaria remotely by granting a Power of Attorney to our firm. The Power of Attorney should be attested in the nearest Bulgarian embassy or apostille legalized. You can have your bank account in BGN, USD, EUR, GBP and CHF.
The company accounts are offered with ATM cards which will be delivered along with the PIN slips to your home or office address abroad. You may also set up a limited company in Bulgaria remotely with a Power of Attorney which makes your new business venture in Bulgaria very easy to start up.
If you would like to visit Bulgaria, we will be glad to assist you to open a company bank account personally at a chosen bank facility.
What documents do I need to open a bank account in Bulgaria?
Opening a bank account in Bulgaria is an easy process. To open an bank account in Bulgaria you will need:
- A valid passport or national ID card
- An address for correspondence purposes (no proof of address is required)
- A minimum deposit amount to activate the account (10 BGN)
- A certificate of good standing (required for company bank accounts)
The bank account is activated and a slip with your online login details is handed on the spot. It usually takes 3-5 working days to get a bank card, which can be delivered to your address abroad or collected from the bank in person.
Can I open a bank account as a non-resident?
To open a bank account you simply need to present your passport and have an address that can be used to register the account. This can be done by non-residents without any problems.
Our lawyers can assist you to obtain Bulgarian residence and Bulgarian ID card for EU citizens.
Bank Accounts of non-resident companies in Bulgaria
If you have a company registered in another EU member state, our lawyers can assist you to open a company bank account in Bulgaria. Non-resident companies should provide apostilled certificate of good standing and memorandum of association.
Additionally, we may also assist you to open a branch of your company in Bulgaria.
For more details about how to open a bank account in Bulgaria, please do not hesitate to contact us.
Escrow Accounts in Bulgaria
Our firm may assist you to open an escrow bank account in Bulgaria remotely. The escrow accounts are opened for special purpose, define as such by the parties under an agreement and not controversial to the applicable law. The terms & conditions for the release of the funds is set out by the parties in the agreement.
For more details about the opening of an escrow account in Bulgaria, please do not hesitate to contact us.