Nominal services

Today's globalized markets and economy increasingly call for using nominee directors and shareholders as an effective tool for tax planning, and also due to numerous advantages that these services represent. These are some of the reasons using nominee directors and shareholder is practical:

  1. You do not want your personal information to appear in official registers;
  2. You wish to manage a Bulgarian company from another country, and if you do not use a nominee director, this could lead to charging the company with taxes in the other country, due to the fact that the place of effective management is in that other country;
  3. You receive income from dividens from a Bulgarian company, and in the case that you do not have a nominee shareholder, your income from dividends can be charged with taxes in your own country instead of in Bulgaria, and this would most certainly mean that you will pay higher taxes;
  4. You do not wish to have related parties who could easily be tracked, such as a spouse, children, parents, or other relatives;
  5. You hold a public office, or have a political position, or hold another position which prevents you from participating in commercial enterprises;
  6. You are deprived of the right to occupy positions by law, or by a management agreement;
  7. You have another company which is currently in insolvency proceedings, and you want to transfer and continue your operations through a new company and a new director with a an acceptable status;
  8. You want to protect your property and assets against claims, or use the company for inheritance purposes.

When you would like to order nominee services, we will sign a nominee agreement and you will receive a notary certified Power of Attorney bearing Apostille, with which you will manage your business and sign on behalf and for the expense of the company. Accounting- and legal-wise, the individuals occupying nominee positions are intermediaries between the ultimate beneficiary, who is the income beneficiary and the company which pays dividends directors' salaries and corporate taxes. the end result is anonymity and taxation in Bulgaria - a country with the lowest tax rates in the EU - personal as well as corporate. 100 % tax and legal compliance with the local legislation and international contracts to which Bulgaria is a party.