Bulgarian Enterprises

Corporate solutions in Bulgaria

Register a company in Bulgaria with professional assistance. We cover various corporate solutions including accountancy and document preparation.

Change beneficial owner of Joint Stock Company in Bulgaria

Ensure that you have control over the ownership structure of your company by changing the beneficial owner of your Joint Stock Company (AD) in Bulgaria with confidence. In order to switch the beneficiary, the Joint Stock Company must designate a new beneficial owner and have the current one step down. To facilitate a seamless transition, our professional services provide guidance every step of the way.

Learn more about our efficient solutions that simplify the process, ensure a smooth transition, and comply with all regulations.

Process of changing beneficial owner of Joint Stock Company

By adhering to these guidelines and taking advantage of our professional services, you can effectively manage the process of transferring the beneficial owner of a Joint Stock Company in Bulgaria, guaranteeing conformity and a smooth transition.

Determine the need for change

Assess the requirements of your company to determine if a change in beneficiaries is necessary. Evaluate your individual situation and consult with our experts to determine the most suitable course of action.

Obtain shareholders’ approval

Obtain approval from the shareholders of the Joint Stock Company in Bulgaria for changing the beneficial owner. Utilize our professional assistance to develop a compelling proposal that communicates with the shareholders and emphasizes the benefits of the change.

Resignation of the current beneficial owner

Begin the process of resigning the current beneficial owner. Take advantage of our assistance in crafting the resignation letter correctly and navigating the correct channels for submitting the documentation.

Selection of new beneficial owner

Make sure the new candidate fulfills all legal prerequisites and has the required qualifications. Benefit from our proficiency in choosing the perfect candidate for the new recipient, taking into account aspects such as legal eligibility, financial standing, and industry knowledge.

Obtain shareholders’ approval

Seek shareholders’ consent to appoint the recently identified beneficial owner. We will provide details of the candidate’s credentials and qualifications to earn their confidence and backing.

Submit required documents to relevant authorities

Follow all laws and regulations by completing and submitting the necessary paperwork to the appropriate authorities. Rely on our expertise to help you accurately collect and organize the required documentation, ensuring a smooth submission process.

Update company records

Update the records of the Joint Stock Company to show the change in beneficial owners, ensuring transparency and compliance with regulations. Our dedicated staff is available to help you quickly and accurately update the company information.

Beneficial owner requirements

Take into account these criteria when choosing a new recipient for your business in Bulgaria. Allow our services to help you in locating a suitable individual who fulfills these criteria and guarantees a seamless handover.

Natural person requirement

Choose a recently beneficial owner who is an individual, in accordance with the law. Count on our expertise to perform extensive due diligence and pinpoint appropriate individuals who fulfill the legal criteria to be designated as a beneficiary.

Full legal capacity

Make sure that the person chosen has the necessary legal authority to act as a beneficial owner. Our team will help you confirm the legal capacity of potential beneficial owners, guaranteeing adherence to all legal regulations.

Financial stability

Select a beneficial owner who has the required financial stability to support the company’s operations and growth. Make use of our knowledge to perform thorough financial evaluations to confirm that the potential beneficiary has the necessary financial stability.

Industry experience

Take into account the industry background of prospective owners to verify their ability to actively contribute to the company’s strategic goals. We assess the industry experience of candidates, assisting you in choosing a valuable owner with the necessary expertise and knowledge.

Compliance with regulatory requirements

Make sure the chosen owner follows all necessary regulations. Our services involve comprehensive screenings to confirm that potential beneficiaries meet their regulatory responsibilities, giving you reassurance.

Contact us

If you are prepared to change the owner of your Joint Stock Company in Bulgaria, move forward by completing the form below to contact our dedicated team for assistance. Do not hesitate to reach out for any questions or immediate help. We are here to guide you through this process with efficiency.

Contact us