The standard case
The resolution is signed by the owner. If they are also the manager, the same person signs the declarations too — the whole procedure goes through with a single set of signatures, entirely remotely.
Home / Capital redenomination / EOOD
EOOD capital redenomination — the simplest procedure
The sole owner decides alone — no general meeting, no majorities, and in most cases no notary. We prepare the resolution, the new articles of association and the declarations, and a lawyer files everything with the Commercial Register. The statutory deadline: 31 December 2026.
State fee: €0.00
Documents within 2 business days
€89 excl. VAT — everything included
The EOOD procedure
Five steps — three of them are ours
With an EOOD there is no general meeting and no coordination between partners: the owner adopts a resolution and the articles of association are brought into euro. Here is the whole procedure:
Calculating the capital in euro
The registered capital is recalculated at the fixed rate of 1 EUR = 1.95583 BGN (Art. 5 of the Euro Introduction Act, ЗВЕРБ). The result is rarely a round number, so the law allows an adjustment of up to ±5% (Art. 32(5) ЗВЕРБ) — we assess whether and how to round, without letting you fall below the statutory minimum.
We do this · on confirmation of the orderResolution of the sole owner of the capital
The owner adopts a written resolution to bring the capital into euro — the counterpart of the General Meeting minutes at an OOD, but with a single signature. We draft it with the exact figures and grounds under ЗВЕРБ.
We draft it · you signUpdated articles of association
The articles of association are brought into line with the capital in euro. We prepare a certified copy for announcement — and if your articles are old or have been amended many times, we consolidate them into a clean, up-to-date text at no extra charge.
We draft itDeclarations and application
We attach the mandatory declarations (incl. the one under Art. 13(4) CRRNPLEA) and complete the application for announcement. Every document goes through a lawyer's review before filing.
We draft it · within 2 business days in totalAnnouncement in the Commercial Register
A lawyer files electronically with a qualified electronic signature and tracks the company file through to the successful entry. No state fee is due — Art. 32(4) ЗВЕРБ.
We file it · the Register reviews and enters it, usually within 3–5 business daysConcrete figures
What an EOOD's capital looks like in euro
Sample calculations · rate 1.95583
| Capital today | Exact value in euro | Possible rounding (±5%) |
|---|---|---|
| BGN 2 | €1.02 | €1.00 or €1.05 |
| BGN 100 | €51.13 | €50.00 or €52.00 |
| BGN 5,000 | €2,556.46 | €2,500.00 or €2,600.00 |
| BGN 10,000 | €5,112.92 | €5,000.00 or €5,200.00 |
Rounding is a right, not an obligation — but it may be exercised only within the period up to 31 December 2026. After that, the Register keeps the exact (non-round) value. Which rounding is suitable for your company is assessed by the lawyer at the drafting stage. Calculate your capital with the calculator.
Points to note with an EOOD
Three situations to watch out for
A parent company
The resolution is adopted by the competent body of the parent company and signed by its representative. We verify the authority to represent from the company file before drafting the documents.
A chain of owners
Each company goes through a separate procedure, but your data is entered only once. For 3+ companies, write to us for a combined quote — see also the terms for accountants.
Order for your EOOD
The UIC and your contact details — the matter starts from an official check of your company file (Art. 11 CRRNPLEA), and the lawyer only writes to you if something in the file requires a decision from you.
€89 excl. VAT, everything included · €0.00 state fee · within 2 business days
EOOD questions
What EOOD owners ask us
Does the sole owner's resolution need to be notarized?
In most cases — no. The resolution to bring the capital into euro is signed by the owner and filed electronically together with the other documents. If your particular company file requires otherwise (e.g. special clauses in the articles of association), we will tell you before we begin — the check is part of the service.
My articles of association are from 2010 and have been amended several times. Is that a problem?
No — we prepare a consolidated up-to-date text with the capital in euro that reflects all previous amendments. This is included in the price and is a good moment to put the articles in order: the Register requires an up-to-date certified copy at every subsequent announcement.
The owner is a foreign national / lives abroad. Can it be done remotely?
Yes. The documents are signed remotely following our guidance, and the lawyer files electronically. Where needed, we also prepare a bilingual set (BG/EN) so the owner clearly understands what they are signing — mention it in the note to your order.
My capital is BGN 2. Is it even worth it?
The obligation does not depend on the size of the capital — BGN 2 and BGN 2 million owe the same procedure. It is due by law (Art. 32(1) ЗВЕРБ), and on default there is also a property fine of BGN 150–1,500 (Art. 59(5)(7) ЗВЕРБ). With a capital of BGN 2, the new value is €1.02, with the option to round to €1.00.
Can I change the address or the manager at the same time?
Yes — and it is practical: the law requires the adjustment to be filed no later than with the next application to the Register. Describe the planned change in the note to your order and you will receive a combined quote for both procedures together.