Company changes

The initial step involves a detailed analysis and diagnosis of the company's current situation. This includes an assessment of the internal and external factors that may influence the company's strategy and performance. After the analysis by qualified specialists from Ecovis Bulgaria, specific goals and strategic priorities are set that the company wishes to achieve.

These objectives must be measurable, realistic and time-bound. Based on this, a strategy is developed to achieve the set goals. This includes identifying specific actions, resources and measures of success.

This is followed by a tracking process that allows the company to monitor its progress, identify any problems and make adjustments where necessary. This may involve changes to strategy or operational processes to ensure that the objectives are met.

The internal structure is a key element for a company to function effectively and achieve its goals. It must be well organized and adapted to the specifics and needs of the particular organization.

Ecovis Bulgaria provides the opportunity to conduct a detailed analysis and assessment of the current situation, covering aspects such as structure, culture, processes, communication, leadership and others. After identifying the areas where changes are needed, a plan for organizational change is developed, identifying goals, priorities, responsible parties, resources and timeframes.

Communication and staff engagement is of utmost importance. This may include training, meetings, presentations and other communication activities.

Ecovis Bulgaria has an extensive network of professionals with diverse competencies and expertise ready to answer any question that may arise. If you need to change your address, we will procure all the necessary documents.

We will drive the process to the relevant local authorities and administrative bodies where the official change of address request is made. Once approved, new documents will be issued to reflect the new business address.

It is also important to mention the need to update registration documents, tax information and bank accounts are essential for compliance with legal requirements and regulatory standards. Trust Ecovis Bulgaria, a global consulting firm with significant international presence and experience.

The procedure for increasing or decreasing capital is a complex process that requires specialized knowledge and legal expertise. At Ecovis Bulgaria, we are here to support our clients and provide expert advice throughout the process.

When a capital increase takes place, new articles of association, agreements or deeds of capital increase are prepared. They are then filed for registration with the relevant administrative authorities or registration agencies in accordance with the legal requirements of the specific jurisdiction.

In the case of a capital reduction, the company's assets are valued and the amount that can be reduced is determined. If necessary, a reserve fund shall be established to cover future liabilities or expenses.

It is important to bear in mind that the procedure for capital increases and decreases may vary depending on the jurisdiction and the specifics of the particular company.

Ecovis Bulgaria will provide the necessary expert assistance and advice on all aspects arising in the process, including legal, tax and financial matters.

In the event of liquidation of a company, it is necessary to prepare documents, including minutes, winding-up declarations, financial statements, etc., in accordance with the legislation of the relevant jurisdiction.

Before proceeding with liquidation, the company must pay all debts and liabilities to creditors, the state and other interested parties. If the company owns assets such as equipment, real estate or other property, these may be sold to cover the liabilities to creditors. The company's bank accounts are closed and all transaction authorisations are removed. Employment contracts, their annexes and payrolls are issued to the NSSI.

Final financial statements are prepared and the necessary documents and forms are submitted to the relevant administrative authorities for registration of the cessation of business.