Everything people ask about redenomination — with the articles of the law

Recalculating the company's registered capital from lev to euro at the fixed rate of 1 EUR = 1.95583 BGN (Art. 5 ЗВЕРБ) and bringing the constitutional documents (company agreement, articles of association, statutes) into line with the new currency, with announcement in the Commercial Register.

Yes. The automatic redenomination by the Registry Agency (January 2026) changed only the figure entered in your file. The obligation to adopt a resolution and bring the constitutional documents themselves into line remains yours — Art. 32(1) ЗВЕРБ, with a deadline of 31 December 2026.

All commercial companies with capital registered in lev: EOOD, OOD, AD, EAD, KDA, DPK. Sole traders (ET) have no registered capital and owe no adjustment. Procedures by legal form: EOOD · OOD · AD/EAD.

No — and it cannot. The law expressly requires the redenomination to be carried out in a way that does not affect the rights of the partners and shareholders: the shares and the ratios stay the same, expressed in euro.

If the company was formed with capital directly in euro — no, the obligation does not apply to you. If you were registered before the euro was introduced, with capital in lev, you owe the adjustment like everyone else.

31 December 2026 — 12 months from the introduction of the euro (Art. 32(1) ЗВЕРБ). It is filed on its own or, at the latest, together with the next application for entry/announcement in the company's file.

A property sanction on the company of BGN 150–1,500 (€77–767), and a fine on the manager at fault of BGN 100–1,000 (€51–511); on repetition — doubled (Art. 59(5)(7) ЗВЕРБ). The obligation remains, however — it must be filed no later than with the next entry in the company's file (Art. 32(4) ЗВЕРБ).

Together — the law requires the adjustment to be filed no later than with the next application. If you file another change without the redenomination, you risk a refusal or a complication. The two procedures go through in a single application — describe your plan in the request.

It's risky: the Register already runs with delays at peak times, and in the final months of the deadline a queue of hundreds of thousands of companies is expected. Filing earlier gives you time to react to any refusal — without the pressure of the holidays and the penalties.

No. Under Art. 32(4) ЗВЕРБ, no state fee is due for announcing the adjusted documents — confirmed by the Registry Agency too (“No state fee is due for the announcement.”). Be wary of offers that advertise an “included state fee” — they are including zero.

€89 excl. VAT (promotional price for EOOD and OOD; standard €160) — a final, all-inclusive price: the calculations, the resolution/minutes, the updated constitutional document, the declarations, filing by a lawyer and tracking through to entry. For AD/EAD and non-standard cases — an individual quote within 24 hours.

Online, at the time of ordering — by card, Apple Pay or Google Pay through myPOS; your card details never reach us. If the file check shows your case is non-standard, you choose: we refund what you paid in full, or you receive an individual quote for the difference.

Yes — we issue it to the company under the UIC you provide, with nothing more for you to fill in, and you receive it by email together with the prepared documents. If you want the invoice made out to a different recipient (e.g. the accounting firm or a holding company), you indicate that with a single checkbox when ordering.

In full — if on checking the company file we decline to take the case, or you withdraw before we have prepared the documents. If the Commercial Register issues a refusal for a reason in the documents we prepared, we correct them and re-file free of charge — we don't leave you with a half-finished procedure.

If the refusal is due to the documents we prepared — we correct them and re-file entirely at our expense. That is why every set goes through a lawyer's review before filing.

The adjustment is a legal procedure: a resolution of the owners, an amendment to the constitutional document, announcement in the Commercial Register. A good accountant will tell you the same — which is why we work with many accounting firms under the partner program: they remain the contact, we carry the legal responsibility.

1 EUR = 1.95583 BGN — the fixed rate under Art. 5 ЗВЕРБ, with no exceptions and no “market” rate. Calculate your capital with the free calculator.

Yes — the law allows the capital to be adjusted by up to ±5% (Art. 32(5) ЗВЕРБ), precisely so you can reach a “clean” figure (e.g. €2,500 or €2,600). The adjustment cannot bring the capital below the statutory minimum and cannot shift the ratios between the partners. The right to round is exercised only within the deadline, up to 31 December 2026.

Each share is recalculated separately, and the sum of the shares in euro must equal the capital in euro — to the cent. The rounding differences are allocated so that the ratios remain unchanged. This is the most common place for errors and refusals — see the procedure for OOD.

Not in the classic sense — it is a technical adjustment under the special procedure of the Euro Introduction Act, not a capital increase/reduction procedure under the Commercial Act with notices to creditors. In accounting terms the difference is recognized in the prescribed manner, with no tax effect.

A resolution of the sole owner (EOOD) or minutes of the General Meeting (OOD/AD), an updated articles of association / company agreement / statutes with the capital in euro, the mandatory declarations and the application for announcement. All are prepared by us and go through a lawyer's review.

In the common case (EOOD and OOD) — no: the documents are signed by the owners and the representative and filed electronically by a lawyer with a qualified electronic signature. If your company agreement requires a stricter form, we will let you know at the check — before you have paid.

The UIC and contact details. The Register is public (Art. 11 CRRNPLEA) — the lawyer establishes the capital, the shares, the partners and the registered seat by checking the company file directly and returns them to you for confirmation. We do not ask for scanned ID cards for the standard procedure.

Our internal turnaround is two business days to a set ready for signature. The entry rests with the Commercial Register: under Art. 19(2) CRRNPLEA the officer reviews the application and makes the entry once three business days from filing have elapsed — in practice 3–5 business days, longer at peak times. We track the file and notify you on the day of entry.

Yes — request, confirmation, signing per our guidance and electronic filing, with no office visit. For owners abroad we prepare a bilingual set where needed; see also the procedure for EOOD with the remote route.

The law firm Innovires Legal (Dimitrova, Cholakov & Partners), Sofia — over 120 companies have already redenominated their capital through us. With names, faces and a team page: see the team. Before you pay anyone for this service, check whether there are names on the other side — many “redenomination” sites name none at all.