compliance

What is Trade Register (Търговски регистър)?

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.

Current Rate (Year-round operations)

N/A — filing fees apply

Example

Acme OOD files its annual financial statements with the Trade Register by 30 September following year-end. Failure to file is publicly visible and triggers fines up to BGN 3,000.

How Trade Register (Търговски регистър) works in Bulgaria

The Bulgarian Trade Register (Търговски регистър) is the authoritative public registry of all Bulgarian commercial entities — companies, sole traders, and branches. It is administered by the Registry Agency (BRRA — Агенция по вписванията) and accessible online at brra.bg.

**What is registered**

Every company must register: - Founding documents (Articles of Association / Charter) - Directors and managers (names, addresses) - Shareholders (names and ownership percentages) - Ultimate Beneficial Owners (since 2019 AMLD implementation) - Registered office address - Share capital amount and structure

Any change (new director, address change, capital increase, share transfer) must be filed within 7-14 days of the change.

**BULSTAT/UIC number**

Upon registration, the BRRA assigns a BULSTAT / Unified Identification Code (UIC) — a 9-digit number that serves as the company's primary identifier across all government systems. The same number is used for the NRA (tax), NSI (statistics), NSSI (social insurance), and Customs. It is the equivalent of the UK Companies House number and VAT number combined.

**Annual account filings**

All companies must file annual financial statements with the Trade Register by 30 September following year-end. The filing is public — anyone can search and download accounts via brra.bg free of charge.

**Penalties for late filing**

- Late annual accounts: fine of BGN 500-3,000 for the company, BGN 100-2,000 for the manager personally - Failure to register UBO changes: fine of BGN 1,000-10,000 - Non-registration of corporate changes: fines per corporate officer

**Online access**

The brra.bg portal provides free public search by company name or UIC. You can retrieve certificates of good standing, articles of association history, and filed accounts for any Bulgarian company. Certified extracts (needed for bank account opening or international business) are available for a small fee.

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