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Home / Capital conversion / For accountants
Your clients are asking about the euro. We handle the legal part.
Every company in your portfolio whose articles still state the capital in leva must bring its constitutive documents into line by 31 December 2028 (Art. 32(1) of the Euro Introduction Act, as amended, State Gazette No. 82/2026) — the capital conversion to euro, which is legal, not accounting, work. Your clients' annual financial statements do not depend on it: they can be published without it. Send us a list of UICs: we draft and file for all of them, while you remain your client's trusted point of contact.
120+ companies converted
Volume terms
One monthly invoice
A single contact · status on every company
How the partnership works
List → documents → filing → report
You send a list of UICs
A plain list — an email, a spreadsheet, whatever you have to hand. We pull everything else from the Commercial Register: legal form, capital, partners, managers. We ask you for none of your clients' documents.
5 minutes of your timeWe come back with a quote and a schedule
For each company — its status (standard case / particularity) and a total price with the volume discount. You confirm which companies proceed and in what order; companies with a planned amendment of their articles go first.
Within 24 hoursWe draft and collect signatures
Resolutions, updated agreements/articles, declarations — for each company separately, with a lawyer's review. Signing is done remotely following our guidance; you can be the channel to the client, or we can work directly with the manager, whichever you prefer.
Up to 2 business days per companyWe file and report back
A lawyer files each application and tracks the company files. You receive a periodic report: filed / entered / awaiting signature — and a single monthly invoice for everything, in your name or the clients', as we agree.
A running report until the list is clearedWhy a law firm, not a platform
You make the referral — we carry the liability
We don't reply "not in the package"
A pledged share, a dispute between partners, a lost company agreement, a parallel change — every portfolio has a few of these. Platforms exclude them in their terms; we take them on with a separate quote, without breaking up your list.
We correct it at our expense
If the Register refuses through our fault, we correct and re-file free of charge — for every company on the list. Your client isn't left with half a procedure and a "file it yourself" note.
Send us your list today
Write to us with the number of companies (or the list of UICs straight away) and your contact details. We come back with concrete terms within 24 hours on business days. The sooner you send the list, the more comfortably the whole portfolio will be finished before 31 December 2028.
Volume terms · one monthly invoice · a single contact
For your files
How the conversion is treated in the accounts
Account balances, including the subscribed capital, were converted as at the euro changeover date — 1 January 2026 (Art. 48(1) and (5) of the Euro Introduction Act). Differences from converting equity are recognised in equity (Art. 48(6)), and under the official guidelines on Chapter Four, Section II “Accounting Documents” of the Act (item 4.9) differences relating to the subscribed capital are taken to retained earnings / accumulated losses from prior years. Adopting the amendment of the articles does not create a new accounting entry. The up-to-5% adjustment is an amendment of the articles and takes effect on its entry in the Commercial Register (Art. 140(3) of the Commerce Act). For an increase within 5%, the Registry Agency does not require proof of capital paid into a bank (Registry Agency FAQ No. 149).
Tax: Differences from converting the capital are recognised in equity (Art. 48(6)) — they do not pass through profit or loss and therefore do not affect the accounting result from which the corporate tax base starts. Exchange differences from converting assets and liabilities, however, are recognised for tax purposes (Art. 48(4)).
Partner questions
What accounting firms ask us
What is the discount for many companies?
The terms depend on the number of companies and how many of them are standard cases (EOOD/OOD with no particularities). We come back with a concrete quote against your list within 24 hours — so you compare real figures, not marketing percentages.
Who communicates with the client — you or us?
Whichever you prefer. Many partners remain the sole point of contact for the client and simply forward the documents for signature; others put us directly in touch with the managers. Either way, you receive the report for the whole list.
Can we release the companies in batches?
Yes — the list is a living one: you add companies as clients confirm, and companies planning an amendment of their articles (seat, partners, capital) go first. The volume terms apply to the overall count, not to the individual company files.
Who is the invoice issued to?
Your choice: a single monthly invoice to the accounting firm (you re-invoice) or separate invoices to each company. In both cases the prices follow the agreed partner terms.
What about the companies with particularities?
We flag them right in the quote against your list (we see them in the company files) and offer a separate quote for each — pledged shares, pending proceedings, foreign owners, parallel changes. Nothing is dropped silently.
Do our clients' unamended articles prevent publication of their annual financial statements?
No. Annual financial statements can be published, and entries on procura, branches, pledges, attachments, liquidation, beneficial owners and others can be made, without amending the articles for the conversion (Art. 32(4), as amended, State Gazette No. 82/2026; Registry Agency, 3 September 2026). The articles with the converted capital are filed with the Commercial Register when the company amends its articles on another ground or, for an OOD or EOOD, adjusts the capital by up to 5% (Art. 32(4) and (5) of the Euro Introduction Act).
YC
Written by Yordan Cholakov — Partner & Co-Founder, Innovires Legal, registered in the Unified Register of Lawyers (Supreme Bar Council).
Innovires Legal files share capital conversions with the Commercial Register for Bulgarian companies and their foreign owners. Current as at September 2026 (Euro Introduction Act as amended, State Gazette No. 82/2026).
Innovires Legal files share capital conversions with the Commercial Register for Bulgarian companies and their foreign owners. Current as at September 2026 (Euro Introduction Act as amended, State Gazette No. 82/2026).