A shelf company (also called “ready made company”) is a denotation for a company which is registered in the Commercial Register in Bulgaria and has never conducted business activity. This kind of companies do not have any obligations, assets or liabilities.
Should I buy a shelf company?
It is a smart decision if you are applying for a project and there is a requirement the company to be registered at least 6 month ago – quite common in applying for EU grants/funding.
Ready made companies with a VAT registration Continue reading “Advantages of a shelf company”