This is to remind you that the deadline for re – registration of Bulgarian companies with the Commercial Register kept with the Registry Agency is 31st of December 2010. The re- registration is compulsory for all companies and branches of foreign companies, registered with the Commercial Register and in the Registry of Cooperatives kept with the District Courts. The re- registration is free of state fee charge.
If the re- registration is not completed within the deadline, an automatic liquidation shall commence together with the liquidator appointment. In fact a company’s deletion from the Courts’ Register’s databases shall be finally achieved. The term of liquidation, as well as the remuneration of the liquidator is determined by the Registry Agency, where all cost for these procedures shall be for the account of the company and its shareholders.