BESCO Says EU 28th Regime Could Be Key Startup Reform
BESCO welcomes the draft report on the EU Inc. initiative but warns that some proposed changes could weaken the reform's impact.
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EU member state · BG
Bulgaria
България
QuietOfficial position
No formal position detected yet. Coverage continues, absence is itself the data point.
DormantImplementation readiness
No preparation activity detected to date.
- Signal density
- Not yet measured
- Last updated
- No recent activity
- Coverage
- Wave 3 (expanding coverage)
EU member since 2007, outside the eurozone
Section 1
Official position
No operator-written summary yet. Default reading: As of the latest review, the Bulgaria position is quiet. No formal position detected yet. Coverage continues, absence is itself the data point.
How this has evolved
9 events on record
Europe introduces the '28th regime' for companies: registration in 48 hours and under 100 euros
Economic.bg explains the EU Inc. / 28th regime package presented by the Commission, citing IMF figures that single-market barriers act like a 110% tariff on services and noting that 60+ different national company-law forms fragment the market. The piece flags expert concern that the proposed scope may be too broad and should be narrowed to innovative startups, with final adoption targeted for end-2026.
EU Inc.: Brussels finally launches a single legal status for companies
Capital reports on the European Commission's 18 March 2026 EU Inc. proposal, explaining that new companies will be able to register across the EU within 48 hours for under 100 euros, with no minimum share capital and without trips to the notary. The piece frames EU Inc. as the long-awaited 28th regime that operates in parallel with the 27 national company laws.
The Commission presented a proposal for an 'EU Inc.' regulation
Official Bulgarian-language press release from the European Commission Representation in Bulgaria announcing the EU Inc. proposal, an optional digital harmonised corporate framework available to all EU companies. It quotes Bulgarian Commissioner Ekaterina Zaharieva (Start-ups, Research and Innovation) saying EU Inc. will make doing business in the EU 'simpler, faster, cheaper'.
Alexander Nutsov: Introducing the 28th regime will unlock European growth
Investor.bg's write-up of the BESCO executive director's interview. Nutsov calls for a unified EU corporate framework so companies can register and operate across all 27 states under one set of rules in minutes, and argues this is the single biggest lever for European competitiveness against the US, alongside tax incentives for R&D and angel investing.
More important than the euro: How Bulgarian startups will benefit from the 28th regime
Bloomberg TV Bulgaria interviews Alexander Nutsov, executive director of BESCO (Bulgarian Startup Association), who argues the EU's 28th regime could be more transformative for European entrepreneurship than the euro. He links the reform to needed pension-fund 'multi-fund' changes and tax incentives for angel investors and R&D so Bulgarian high-growth firms stop migrating to the US for capital.
Petar Ganev: Under the '28th regime', one registration will do business across the EU
Investor.bg republishes IME economist Petar Ganev's analysis arguing the 28th regime is a chance for digital and innovative firms in peripheral markets like Bulgaria to scale 'at the size of the single market, not just nationally'. Ganev nonetheless cautions that overly narrow eligibility would blunt the regime's impact.
The 28th regime is coming: doing business across the EU with one registration
Bloomberg TV Bulgaria features Petar Ganev, senior researcher at the Institute for Market Economics (IME), explaining how the 28th regime would let companies register at EU level and bypass the 27 national systems. Ganev warns that Bulgaria is one of the member states most often obstructing the single market and cautions against narrowing the regime only to high-tech firms.
'28th regime': How the EU's new legal structure could change startup law in Bulgaria
Bulgarian law firm Ivanova Legal Solutions publishes a practitioner explainer on the 28th regime during the Commission's public consultation (8 July - 30 September 2025). It compares the proposed digital-first EU company form to existing Bulgarian forms (OOD, AD, DPK) and flags open questions on what counts as an 'innovative company' and how tax and labour rules will apply.
All 9 events shown
10 of 9
Section 2
Key concerns and emphases
Topics that Bulgaria has raised or is expected to raise on EU Inc. Each tag links to the cross-country view of that topic.
Section 3
National implementation readiness
Seven standardised questions, the same on every country page. Status values are operator-overridable.
| Question | Status | Last evidence | Source |
|---|---|---|---|
| Has the government endorsed the proposal? | Yes | data.consilium.europa.eu | |
| Has the national parliament held a scrutiny debate? | No | Not yet | Not yet |
| Has the responsible ministry published a position? | Unknown | Not yet | Not yet |
| Has the business registry signaled technical preparation? | Unknown | Not yet | Not yet |
| Has the tax authority published EU-ESO guidance? | Unknown | Not yet | Not yet |
| Has a national law firm community formed around EU Inc.? | Unknown | Not yet | Not yet |
| Are there public statements from MEPs from this country? | Unknown | Not yet | Not yet |
Section 4
Practitioner commentary
Recent law-firm client alerts and expert publications from this country. The most recent three to five entries appear here. Older items move to the full archive.
We are tracking practitioner publications for this country.
Recent client alerts will appear here once the source pipeline surfaces them. See the methodology page for which firms we monitor.
Section 5
Recent signals
Last 30 days from the country's monitored sources. Filters below will become active when the signal pipeline is producing data.
No signals detected for Bulgaria in this window.
We monitor 2 sources for this country. Last checked .
Signals from the automated pipeline will appear here. See the methodology page for how items reach this list.
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Weekly email digest filtered to Bulgaria-specific signals, or a country RSS feed for your reader. Both include EU-level developments that affect every member state. Primary sources, no commentary.
Section 6
Country context
Reference data about BG: tax regime, registry, ministry, parliamentary jurisdiction, current company forms. Slow-moving facts, reviewed annually with alerts when signals suggest a field may be stale.
- EU member since
- 2007
- Eurozone member
- No
- OECD member
- No
- Council population-weight
- 6.4 million
- Corporate income tax rate
- 10% (flat) Sourcenra.bg
Last verified
- Effective tax on retained earnings
- 10%
Last verified
- Dividend withholding tax (to EU)
- 5% domestic; 0% under EU Parent-Subsidiary Directive
Last verified
- ESOP / stock-option tax treatment
- No dedicated regime; options taxed as employment income at exercise.
Last verified
- Exit tax on company relocation
- Yes, in line with ATAD; instalment option available.
Last verified
- Notary required for incorporation
- Notarised signatures required for some formation documents.
Last verified
- Digital incorporation available today
- Yes via Commercial Register portal with qualified e-signature.
Last verified
- Time to form a company
- 3 to 5 business days typical.
Last verified
- Minimum share capital
- BGN 2 (~€1) for OOD
Last verified
- National business registry
- Commercial Register and Register of Non-Profit Legal Entities
Last verified
- Business registry URL
Last verified
- Responsible ministry
- Ministry of Justice
Last verified
- Responsible ministry URL
Last verified
- Parliament committee with jurisdiction
- Committee on Legal Affairs (National Assembly)
Last verified
- Parliament committee URL
Last verified
Section 7
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Section 8
Sources monitored
We monitor 2 sources for Bulgaria.
Last checked · Show listHide list
We monitor 2 sources for Bulgaria.
Last checked · Show listHide list
- ValidatedCommercial Register and Register of Non-Profit Legal Entitiesportal.registryagency.bgpage_diff · pending source-mapping
- ValidatedMinistry of Justice: Newsjustice.government.bgpage_diff · pending source-mapping