For companies looking to expand their presence in Bulgaria, opening a representative office is a straightforward and efficient route. Not only does this allow businesses to establish a formal presence in the country, but it also provides an opportunity for company representatives to obtain a Bulgarian residence permit. Below, we outline the key requirements and steps involved in setting up a representative office in Bulgaria.

Key Requirements for Companies

To qualify for opening a representative office in Bulgaria, the foreign company must meet the following criteria:

1. Operational History: The parent company must have been successfully operating for at least two years. This ensures that only well-established businesses are eligible.

2. Investment Not Required: Unlike other forms of business expansion, setting up a representative office does not require the parent company to make a financial investment into the activities of the office.

Registration Process

The first step is to register the representative office with the Bulgarian Chamber of Commerce and Industry (BCCI). This official registration is mandatory and forms the foundation for the subsequent steps.

Applying for a D Visa and Residence Permit

Once the representative office is successfully registered, company representatives can apply for a type D visa, which is required for long-term residence in Bulgaria. Here are the steps involved:

1. Initial Visit to Bulgaria: A personal visit to the country is necessary to obtain the residence card.

2. Processing Timeline: The entire process of document submission and review takes approximately six months.

Establishing a representative office in Bulgaria not only simplifies the process of obtaining a residence permit but also provides businesses with a legal foundation to explore opportunities in the Bulgarian market. With minimal investment requirements and a structured registration process, this option is an attractive choice for companies looking to expand into Eastern Europe.