Commercial Register: already converted
The Bulgarian Registry Agency automatically converted the registered capital from levs into euros. You did not need to file an application for that automatic conversion.
For international owners of Bulgarian EOOD and OOD companies
The Commercial Register already shows your capital in euros. Your company document must be updated separately.
Final deadline: 31 December 2028
An EOOD must update its founding deed (Bulgarian: “учредителен акт”). An OOD must update its articles of association (Bulgarian: “дружествен договор”). The capital and ownership interests must be stated in euros. We review the company by its UIC/EIK, prepare the documents and explain the Bulgarian procedure in English.
Official amendment published on 8 September 2026
The period was extended from 12 to 36 months. The obligation was not removed.
Companies now have until 31 December 2028 to adopt the updated constitutional document. The amendment also clarifies that the document accompanies the next Commercial Register application only where the law requires it to be presented for that particular procedure.
What still needs to be done?
The register entry and the company document are two different things
One was updated automatically. The other still requires action by the owner or company members.
Company document: still to be updated
Your latest founding deed or articles of association may still state the capital and ownership interests in levs. The EOOD owner or the OOD members must adopt a new text using euros.
In plain English: the Registry updated its own entry. It did not rewrite your company document for you.
Do you need to act now?
Choose the situation closest to yours
You do not need to know the Bulgarian application or form number.
1
No other company change is planned
You can schedule the update at a convenient time, but the new document must be adopted no later than 31 December 2028.
2
Another company change is planned
This may involve the name, registered office, owner, company member or capital. The first question is whether Bulgarian law requires the constitutional document for that particular procedure. If it does, the document must already show the euro amounts.
?
You are not sure what is planned
Send the UIC/EIK. We will review the published document and tell you whether there is a reason to act earlier or whether the update can be scheduled.
Important: not every Commercial Register application requires an updated founding deed or articles of association. The answer depends on the specific filing. This is why we begin with a company review.
Why the longer period should still be planned
More time does not mean that nothing needs to be done
Without a plan, the deadline can be forgotten. If another company change later becomes urgent, the capital update may have to be prepared at the same time.
Pecuniary sanction applicable to an EOOD or OOD.
For the same type of infringement within the statutory six-month period.
The sanction is not imposed automatically merely because the document still contains lev amounts today.
It may be imposed after a failure to comply has been established. The statute states BGN 150–1,500 and
BGN 300–3,000 for a repeated infringement. The euro figures above apply the official rate of EUR 1 = BGN 1.95583
and the statutory rounding rule. “Repeated” means the same type of infringement within six months after the first penal decree became final.
Articles 11–13 and 59, § 1 item 8 and § 5 · State Gazette No. 70/2024;
§ 13 · State Gazette No. 65/2025.
The deadline is forgotten
31 December 2028 may feel distant, so the update can easily be left until the last moment.
An urgent change arises
Another corporate procedure may create an immediate need for the updated constitutional document.
Several documents are needed at once
The capital, ownership interests, corporate resolution and revised document may all need to be prepared together.
Current service fees
Know the fee before work begins
We first review the UIC and the company document. If the structure is non-standard or another corporate change is involved, we confirm the scope and final fee before proceeding.
One owner
EOOD
Document preparation for a standard single-member EOOD.
€80VAT included
- review of the company and its latest founding deed;
- conversion of the capital and ownership interest into euros;
- owner’s resolution and updated founding deed;
- signing guidance and assistance with filing.
Two or more members
OOD
Document preparation for a standard multi-member OOD.
€100VAT included
- review of the company and its latest articles of association;
- conversion of the capital and members’ interests into euros;
- corporate resolution or minutes and updated articles;
- signing guidance and assistance with filing.
Current fees effective from 1 September 2026. Additional corporate changes and non-standard capital structures are quoted separately after review.
Bulgarian legal work, explained in English
You do not need to navigate Bulgarian forms on your own
The first step requires only the company’s UIC/EIK and your contact details.
1
You send the UIC
Add your name and a convenient telephone number or email address.
2
We review the company
We check the registered capital and the latest published constitutional document.
3
You receive a clear answer
We explain what must be updated and whether there is a reason to act earlier.
4
We confirm scope and fee
You know which documents will be prepared and the fee before instructing us.
5
We prepare the documents
We calculate the euro amounts and provide the documents with signing instructions.
✓
We assist with filing
We help coordinate the Commercial Register filing and monitor the result.
Why Advokat 24?
A Bulgarian procedure made clear for an international owner
Clear English guidance
We explain which document is required, what you are signing and what happens next.
Company-specific review
We work with the capital, ownership interests and latest document of your particular company.
Remote coordination
The review, document preparation and filing coordination can be organised without unnecessary travel.
Plain-English answers
Frequently asked questions
Which document must be updated?
An EOOD updates its founding deed. An OOD updates its articles of association. The capital and ownership interests are stated in euros.
Why is action needed if the register already shows euros?
Only the Registry’s own entry was changed automatically. The text of your company’s constitutional document was not automatically rewritten.
Must the document be updated immediately?
Not in every case. If no other company procedure is planned, the update can be scheduled by 31 December 2028. If another change is planned, it should first be checked whether Bulgarian law requires the constitutional document for that procedure.
Must the document accompany annual financial statements filed on their own?
Not merely because annual financial statements are being filed. Following the amendment, the document accompanies a subsequent application only where the law requires it for the particular procedure.
What if the company is dormant?
The obligation concerns the company and its constitutional documents, not whether it currently trades or earns income. A dormant EOOD or OOD must also update its document.
Can the procedure be coordinated remotely?
Yes. The review, document preparation, signing guidance and assistance with filing can be coordinated remotely.
Official sources only
Legal basis in the Bulgarian State Gazette
External links are grouped here so visitors can verify the primary sources without being taken away from the page during the main explanation.
- State Gazette No. 82 of 8 September 2026, page 2, §§ 1–2: the period is extended from 12 to 36 months; the document-presentation condition is added; the amendment takes effect on publication.
- State Gazette No. 70 of 20 August 2024, page 3: Articles 11–13 on conversion and rounding; Articles 30–33 on capital and company documents; Article 59 on sanctions; § 1 item 8 on repeated infringements; § 5 on converting statutory sanction amounts.
- State Gazette No. 65 of 8 August 2025, page 9, § 13: the numbering in Article 59 was amended; the general pecuniary sanction for legal entities is now contained in Article 59(5), item 7.
Last legal review: 10 September 2026. This is general information and does not replace a review of the particular company, its latest document and the intended filing.
Start with the UIC
Find out what your company actually needs
We check whether the latest company document still uses lev amounts, what must be updated and whether there is a reason to act before 31 December 2028.
- You do not need to know the Bulgarian form number.
- You do not need to calculate the capital or ownership interests yourself.
- The initial review requires only the UIC, your name and contact details.
Enter the company’s UIC
You first receive a company-specific answer and a confirmed fee. You then decide whether to instruct us.
Do not wait until the update becomes urgent
Send the UIC. We will review the Bulgarian company and explain in English what must be updated, when action is required and what the preparation will cost.
Send the UIC for review