What is OOD (ООД) — Limited Liability Company?
An OOD (Ограничена отговорност дружество) is a Bulgarian limited liability company with two or more shareholders. Minimum share capital BGN 2 (€1). Owners are not personally liable for company debts beyond their share capital. Most common entity type for SMEs in Bulgaria.
Current Rate (Calendar year)
10% Corporate Income Tax
Example
Two co-founders incorporate Acme OOD with BGN 100 share capital each, register with the Trade Register, and start trading. Annual financial statements filed with the Trade Register by 30 September following year-end.
Related terms
An EOOD (Еднолично ограничена отговорност дружество) is a single-shareholder Bulgarian limited liability company. Minimum share capital BGN 2. Used by solo founders. The 'Е' (E) prefix denotes 'едно' (single). Same tax and compliance regime as OOD.
An AD (Акционерно дружество) is a Bulgarian joint-stock company. Minimum share capital BGN 50,000 (€25,565). Used for larger businesses, those wishing to issue shares publicly, or those with multiple investors requiring share-class flexibility. Equivalent to a UK PLC or Irish PLC.
The Bulgarian Trade Register is the public registry of companies and traders, maintained by the Registry Agency (BRRA). All Bulgarian companies must register, file annual financial statements, and update beneficial ownership information.
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