My Bulgaria: Forums

Tallboy · Posted: Thu May 22, 2008 3:58 pm Post subject: Delay in company formation

Is anyone experiencing a delay in forming a Bulgarian company ? I am trying to set up an EOOD and it has taken over 8 weeks so far and is still not ready (should have taken less than 3 weeks).

??? Sad

hamster · Senior Member Joined: Apr 16, 2005 Posts: 124 Location: BG

I spoke to my solicitor today and he advise that it is taking about 55 days to set the company up.

It is due to everyone try to re register there company Very Happy

shadrack · Posted: Thu May 22, 2008 4:15 pm Post subject: company formation

That may be due to the chaotic reregistering off companys that is happening at the moment.I am sure some REA agent or lawyer will enlighten you about the hold up regards.rick

Bry · Posted: Thu May 22, 2008 4:34 pm Post subject: Re: Delay in company formation

Hi
We put a deposit on a house on the 10th Feb and we applied for company registration at the same time, we are STILL WAITING for our company to be released from the register. We have sold up everything in UK and have been ready to move over permanently for weeks now but can't do anything until our company comes out of registration so we can buy the house, fed up and still waiting. We have been told that it is the reregestration of companies, it is in chaos!!!

Bry Crying or Very sad

allet · Posted: Thu May 22, 2008 5:16 pm Post subject:

Yes I imagine with the chaos of re-registering the courts are in immense strain at the moment and probably have a big back-log to clear.

Allet

balkankiwi · Posted: Thu May 22, 2008 7:21 pm Post subject:

My lawyers here in Sofia tell me that its a 45-day wait to get a company onto the new Trade Register at the mo. And they can't process any other change - eg, a simple change of registered address - until the re-registration of the company has been effected. Fun and games.

Tallboy · Posted: Fri May 23, 2008 9:23 am Post subject:

Thanks all for your comments. I see I am not alone !