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Joint stock company (AD)

Joint stock company (AD)

I. Convening the Constituent Assembly
II. Adoption of a Decision for establishing the company
III. Adoption of the Articles of Association (respectively Founding Act of the Company for the EAD)
IV. Election of the Supervisory Board or Board of Directors. Election of Management Board
V. Subscriptionof the required minimal capital of 50 000 BGN
VI. Opening a bank account by the Management Board / Board of Directors to raise capital
VII. Issuance of provisional certificates for the made contributions
VIII. At least 25% of the nominal value of each share must be paid
IX. Preparation of documents for court registration
X. Registration of the Company in the Commercial Register by the Management / Board of Directors (Registration must be completed within 3 months of the convening of the Constituent Assembly)
XI. Registration in the respective territorial division of the National Revenue Agency for issuance of a unique identification code (BULSTAT number) within 7 days of registration of company
XII. Community Association