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Become an Innovires client

Set up in Bulgaria with a law firm — not a formation agent.

Tax residency, EOOD/OOD company, freelancer status, bank accounts, residence cards, ongoing accounting — one team, end-to-end. 200+ clients we’ve helped move to Bulgaria. Bulgarian Bar registered. Attorney-client privilege.

Bulgarian Bar registered ★ 100+ Google reviews 200+ clients moved to Bulgaria
Yordan Cholakov · Sofia

Recognised by · Member of

LEGAL 500 · BULGARIAN BAR ASSOCIATION · ILF MEMBER FIRM · TRUSTED SINCE 2015
What you get when you apply

A real plan, not a generic checklist.

A lawyer reviews every application personally. If we can help, we’ll tell you exactly what’s needed, what it costs, and how long it takes. If we can’t, we’ll tell you that too — and refer you to who can.

Talk to the lawyer, not a salesperson

A 30-minute call with Yordan or Desislava — the partner who will actually handle your file. No junior, no intermediary. Free, no obligation.

You leave the call with a plan

No “we’ll get back to you” follow-ups. By the end of the 30 minutes you have the structure, timeline, and next steps — mapped out live with the lawyer who will handle your file.

Fixed fees, no surprises

No hourly billing. Your fee is quoted in writing after the diagnostic call — based on your specific situation, not a generic price list. You decide before signing anything.

End-to-end execution

Incorporation, NRA, banking, registered address, accounting, ongoing renewals — all handled by one team.

Client testimonials

Hear it from our clients.

Real people, real results. Watch what entrepreneurs and freelancers say about their move to Bulgaria with Innovires.

Jimmy testimonial
Jimmy
Client testimonial
Guido testimonial
Guido
Client testimonial
Flavio testimonial
Flavio
Client testimonial
Andrea testimonial
Andrea
Client testimonial
Our approach

Why founders choose us — and stay.

We’re not an offshore consultant reading a brochure on Bulgaria. We’re Bulgarian lawyers, with our office on Vitosha Boulevard, our partners on the Bulgarian Bar register, and a track record at the NRA, the Trade Registry, and Bulgarian banks every week. Tired of formation agents who vanish after registration, or advisors who hand you a generic deck? Our work is hands-on, our team is named, and we stay with you for years — not weeks.

Local lawyers, not offshore advisors

We don’t just write about Bulgaria — we work in it daily. Our office is on Vitosha Boulevard, our partners on the Bulgarian Bar register, and we file at the NRA every week.

The expertise is hands-on, not theoretical — and that’s what makes the difference when something gets complicated.

One firm, the entire stack

Tax structure, incorporation, banking, residency cards, NRA registration, ongoing accounting — handled by one team under one engagement letter.

No coordinating four different vendors. No “that’s not our scope.” One firm, accountable end-to-end.

We stay after the move

Most clients keep us on retainer for 3+ years. Annual filings, NRA queries, residency renewals, banking issues — we already know your file by name, not by ticket number.

The relationship doesn’t end at company registration. That’s where most of the value actually starts.

Why a law firm

The difference between "we'll register your company"
and "here's what you should actually do."

Formation agents are commercial vendors. Law firms are regulated, insured, and legally accountable for the advice they give. For a move — or a company — that will affect your money for years, the difference matters.

What you actually getFormation agentInnovires (law firm)
Regulated byNot regulatedBulgarian Bar Association
Legal advice on tax structureCannot give legal adviceYes — full counsel on freelancer vs EOOD vs hybrid
Attorney-client privilegeNone — communications not protectedConfidential, court-protected
Court / NRA representationCannot represent youDirect representation before NRA, courts, Migration
Professional liability insuranceTypically noneMandatory, in force
Exit-tax coordination with home countryNot equippedCoordinate with your home-country tax adviser
Problem resolution (e.g. NRA audit)Out of scopeIn scope — we represent you

Read the full comparison →

Real client savings

Numbers from our actual cases.

Anonymised but real. Fees, structures, and after-tax outcomes from clients who applied through this funnel in the last 24 months.

🇩🇪

German GmbH founder

EUR 240K/yr SaaS revenue. Restructured into Bulgarian EOOD with optimised salary–dividend split. Now pays 15% combined vs. 47.5% in Germany.

Saved per year €59,000
🇳🇱

Dutch IT freelancer

EUR 110K/yr remote consulting. Registered as Bulgarian freelancer. 7.5% effective income tax + capped social contributions.

Saved per year €38,000
🇧🇪

Belgian SRL couple

Husband-wife consulting business. Two EOODs + family residency cards. Coordinated Belgian exit-tax filings to avoid double taxation.

Saved per year €72,000

View all 5 case studies →

A note from the founders

Why we built this practice.

Yordan Cholakov, Co-founder Innovires

We started Innovires because every Bulgarian client we met had been burned by a formation agent who registered a company and then disappeared the moment something got hard.

Bulgaria has the lowest taxes in the EU and one of the easiest residency processes for entrepreneurs. But the moment something goes wrong — an NRA query, a bank refusal, a residency renewal complication — formation agents are nowhere to be found. You need a lawyer who will represent you.

We’re a real law firm. Bulgarian Bar registered. Mandatory professional liability insurance. Our work has appellate-court precedent in Bulgarian tax matters. We take on the cases we can do well — and we’ll tell you when we can’t, instead of selling you a generic package.

Apply below. I read every application personally — Desislava or I will email you within 24 hours.

Yordan Cholakov
Co-founder · Partner
The lawyers handling your case

You'll know exactly who's on your file.

Yordan Cholakov
Yordan Cholakov
Co-founding Partner

Attorney-at-law and co-founder of Innovires. Leads the firm’s tax residency, M&A, and corporate structuring practice. Bulgarian Bar Association member, ILF Board.

Tax ResidencyCorporateM&A
Desislava Dimitrova
Desislava Dimitrova
Co-founding Partner

Attorney-at-law and co-founder of Innovires. Specialises in commercial law, employment law, and regulatory compliance. Over a decade advising international businesses in Bulgaria.

CommercialEmploymentCompliance
Maria Petrova
Maria Petrova
Senior Associate

Trusted advisor to international clients on Bulgarian tax planning, company formation, and ongoing compliance. Manages day-to-day client relationships through every engagement.

Tax PlanningFormationClient
Dimitar Delibozov
Dimitar Delibozov
Senior Associate

International tax advisory and corporate structuring for foreign entrepreneurs. Guides clients through every stage of Bulgarian setup — from entity selection to optimisation.

International TaxStructuring
The application

Apply in under a minute.

Yordan or Desislava reads every application personally and emails you within 24 hours.

Thanks — we got it.

A lawyer (Yordan or Desislava) will review your application personally and email you within 24 hours with available diagnostic-call slots.

— or —

Skip the wait — book the call now

Pick a 30-minute slot directly. The lawyer will read your application beforehand, so the call is focused on your case.

📅 Email us to book the call →
⏱ 30 minutes 💬 Yordan or Desislava € Free, no obligation 🇪🇺 Available Mon–Fri, EET

Need anything in the meantime? office@innovires.com · +359 888 787 414

Quick answers

Before you apply.

How long does the whole process take?+
Active setup is 2–3 months: residency card (3 days fast-track), then company or freelancer registration, banking, and tax/social-security registration. The Bulgarian Tax Residency Certificate from NRA comes after 6+ months in Bulgaria. For most clients we have everything except the certificate operational within 6 weeks of the engagement letter.
Is there a minimum income to work with you?+
No hard minimum. Our typical client earns EUR 50K+/yr — that's where the math reliably works (EU tax of 35–55% vs. Bulgarian 10–15% means EUR 17K+/yr in savings, well above our fees). Below EUR 50K it can still work, especially for freelancers — we'll tell you straight on the diagnostic call whether the move pencils out for your numbers.
Do I really need to live in Bulgaria?+
Yes — being a Bulgarian tax resident requires either 183+ days/year in Bulgaria OR demonstrating that your “centre of vital interests” (family, economic ties, primary home) is in Bulgaria. There’s no shortcut. We help clients build the local footprint that makes the residency hold up under audit — rental, utilities, GP, schools, banking — from day one.
I'm already partway through with another firm. Can you take over?+
Yes, regularly. We've taken over from formation agents who got stuck on banking, residency renewals, NRA queries, or company-restructure issues they weren't equipped to handle. On the diagnostic call we'll review what's done, what's salvageable, what needs to be redone, and quote the takeover scope before you commit.
What if I'm not sure Bulgaria is right for me?+
Apply anyway — we'd rather tell you on a 30-min call that Bulgaria isn't the best fit than have you spend EUR 1,000+ finding out yourself. We've told several clients to consider Cyprus, Malta, or staying put depending on their goals. We don't take cases we can't do well, and we'd rather refer you than waste your money.
Is the diagnostic call really free? What's the catch?+
Yes, 30 minutes, free, no obligation. The "catch" is that you have to apply first via this form — we don't do free strategy calls cold. We screen applications because the call is genuinely useful only when we've already understood your situation in advance. If after the call you decide not to engage, that's fine — you walk away with a clear picture of what's needed and what it costs, and you owe us nothing.

Client policy

Innovires (Dimitrova, Cholakov & Partners) is a law firm regulated under the Bulgarian Bar Act. We work only through signed engagement letters with attorney-client privilege and fixed-fee or hourly arrangements. We do not offer free strategy calls cold — your application is reviewed first to confirm we can actually help.

If we can't help, we'll tell you, and refer you to who can.

Not ready to apply?