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+1 (888) 647 05 40Bulgaria’s economy today is in stable and favorable attitude benefitting from EU membership and the banking sector has solid position, so that this is good jurisdiction to establish a banking institution for all types of investors.
A bank in Bulgaria must be incorporated as a joint-stock company. A bank may open more than one branch within a single population centre, including the population centre where the said bank has the registered office thereof.
A member of the Management Board or the Board of Directors, except for those whose authorisation is solely for the business of a branch of a bank authorised in the Republic of Bulgaria, may be a person who:
Official timeframe of the bank formation in Bulgaria takes 18 months, but using assistance of our company, your bank will be set up within 12 months.
Governmental fees needed to be paid – approximately USD 1’000’000.
Price and details: nick.b@eternitylaw.com
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