Euro Elitkonsult Ltd
Accounting company

Registration of Sole trader

There are several things that have to be done for registering such a company:

1. Taking a certificate for the unique name of the company. This document is valid within 5 months from its issuing.
  • you have to pay a law tax
  • you will receive a certificate that there aren’t other sole trader existing in the trade register with the same company.
2. Paying the fee for entering into the trade register and receiving a copy of the court decision of the company. Fees have to be transfer via bank to the bank account of the respective District court.
3. Preparing and presenting the documents for the registration.
 Registration form according to art.58 from the Trade Law which have to be as follows:
  • the name of the person, place of residence, address of the person and personal number;
  • the company which will do the activity;
  • the head-office and address of governing of the activity;
  • subject of activity;
  • into the registration form have to be written in details the attached documents such as (receipt for paid tax, specimen, certificate for the uniqueness of the company, declaration under art.57 and art.58, p.2 and 4 from the Trade law).
  • Specimen – model of signature of the sole trader;
  • Declaration under art.57 and art.58, p.2 and p.4from the Trade law where the person declare he is not under in process of declaring insolvent; he is not untenable; he is not convicted for bankruptcy; he doesn’t have another registered company as Sole trader and he doesn’t have any unpaid taxes fees to the state as well as he is not foreclosed to do trade activity;
  • Certificate for the uniqueness of the company’s name;
  • Copy of the Identification card or passport;
  • Lease agreement or a notary need for the address of doing the activity.
4. Issuing a court decision. The respective District Court decide the Sole Trader to enter into the Trade register. A copy of a decision for entering into the trade register will be given within 3 days after the date of entering. Also this can be done as an express service for the respective fee.

Registration of a Cumulative Company


1. 1. Establishing of a company – holding of a constituent assemble and signing of a constituent agreement, signing the protocol from the meeting by all the constitutors.
2. 2. Issuing of certificate for uniqueness of the company. This document is valid within 5 months from its issuing.
  • Law tax has to be paid
  • You will receive a certificate that there aren’t any others sole trader existing in the trade register with the same company.
3. Paying the fee for entering into the trade register and receiving a copy of the court decision of the company.
4. 4. Preparing and presenting the documents for the registration. Registration form according to art.79 from the Trade Law have to be signed by the constitutors and have to be written as follows:
  • Names and place of residence, respectively a company and head-office and address of all the constitutors.
  • the company, head-office, address of governing, subject of activity of the company;
  • into the registration form have to be written in details the attached documents such as (receipt for paid tax, specimen, certificate for the uniqueness of the company, declaration under art.57 and art.58, p.2 and 4 from the Trade law).
  • Specimen – model of signature of the sole trader;
  • Declaration under art.57 and art.58, p.2 and p.4from the Trade law where the person declare he is not under in process of declaring insolvent; he is not untenable; he is not convicted for bankruptcy; he doesn’t have another registered company as Sole trader and he doesn’t have any unpaid taxes fees to the state as well as he is not foreclosed to do trade activity;
  • Certificate for the uniqueness of the company’s name;
  • Copy of the Identification card or passport;
  • Lease agreement or a notary need for ownership the address of doing the activity.
If some of the partners is a legal entity there have to be given others documents in addition:
  • document for actual status of the company
  • a protocol from the General Meeting that had been taken a decision for participation in General partnership.
  • notary signed power of attorney for an authorized representative.
5. Issuing a Court decision. There has to be given a decision for registering a General Partnership into the Trade register by the respective Regional court. Duplicate of the Court decision for registering into the Trade register will be given within 3 days from the date of the registration.

Registration of Limited Liability Company


1. Establishing of a company - having a constituent assembly and signing agreement for partnership. The agreement has to be signed by all the partners.
2. Before registering the company, 70% from the capital should be deposit into the bank on the name of the company and each of the partners have to give minimum of 1/3 from its shares.
  • Open a raising account with the capital of the company.
  • The bank will give you a receipt for the money deposited in it.
3. Issuing the document for the uniqueness of the name of the new company
  • Paying the tax
  • Receiving the certificate that there is no another company existing under the same name into the trade register.
4. Paying the necessary taxes:
  • Registration fee
  • Duplicate of the Court decision
  • • Fee for publishing the information into the public newspaper – this is obligatory thing under the Law.
5. Writing and giving the documents for registration:
 5.1. Enquiry for registering the company including the following information:
  • Names, personal number, identification card number, address of the person who gives the enquiry;
  • The names, addresses and personal numbers of all the partners;
  • The name of the new establishing company
  • Head office and address of governing
  • Subject of activity
  • The capital
  • Dividing the capital between the partners
  • The term for validity of the company if it will be registering for exact period.
 5.2. Constituent agreement of the company;
 5.3. A protocol from the constituent assembly;
 5.4. Agreement for managing together with the document – specimen of signature of the Manager;
 5.5. Declaration from the Manager that the requirement for prohibiting the competitive activity is not broken according art.142 from the TL;
 5.6. Certificate for the uniqueness of the name of the company;
 5.7. Bank documents certifying the sum for the deposited capital;
 5.8. If there are any money paid not in cash, the court will appoint experts to estimate the installments and those documents should be given together with the documents for registration too.
 5.9. Receipts for paid fees for registration into the Trade Register and for publishing into the Public newspaper;
 5.10. If some of the partners is a legal entity there have to be given others documents in addition.
  • document for actual status of the company
  • a protocol from the General Meeting that had been taken a decision for participation in General partnership.
  • notary signed power of attorney for an authorized representative.
 5.11. Copies of the identity cards of the partners and the manager;
 5.12. Power of attorney if the registration will be done by an authorized person which is not necessary to be notary signed;
 5.13. Identity car’s copy of the authorized person;
 5.14. Agreement for rent or notary deed proving the ownership of the address for doing the activity;

6. Issuing a court decision. In a period of 1 month the respective court will give a decision for registering the company into the Trade register and a copy of this will be given to the manager.