Can business in Bulgaria change it’s legal entity type?

Indeed, it is possible for a business in Bulgaria to alter its legal entity type. The process of changing a business’s legal entity type requires various steps, such as seeking advice from experts, establishing a new entity, transferring assets and operations, dissolving the previous entity, and informing relevant parties. The exact procedure can differ based on the existing and desired business structures and legislations. It is essential to seek guidance from professionals and guarantee that all steps are executed accurately to prevent serious legal and financial consequences.