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The Buying Process Step by Step 1st step: Register a company- 14 to 30 days( below you will find the type companies). Fee for registration of company- 600 EUR, initial capital of the company- 2700 EUR(every company should have initial capital which can be withdrawn after the creation of the firm). 2nd step: Find a property-with or without land and negociate. 3rd step: Preliminary contract-10% - 15% of the negociated price.
4th step: We take the property off market. 5th step: Our company check for mortgages, check of the owners, prepare all the documents needed such as: blueprint of the property, taxes... 6th step: Notary needed. Sign the contract and take notary papers for the property. CONGRATULATIONS YOU ARE OWNER!
Types of companies
Bulgarian legislation in force specifies the following types of commercial enterprises:
1) General Partnership 2) Limited partnership 3) Limited liability company 4) Joint-stock company 5) Association limited by shares 6) Sole proprietorship
All of the above, excluding the sole proprietorship are legal entities. They can be established by both domestic and foreign physical and legal persons. All enterprises аre to be entered in the commercial register, with a resolution from the District Court on the location of company
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