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EOODTravel & Tourism Agency

Single-Member Limited Liability Company (EOOD) in Bulgaria — Travel & Tourism Agency Formation Guide

Choose a jurisdiction with favorable VAT rules for tour operators (like the EU's TOMS) and easy access to multi-currency merchant accounts to handle international bookings.

Last verified: June 13, 2026

Corporate Tax

10.0%

State Tax

0.0%

Formation Cost

$30

Annual Fee

$16

Forming a Single-Member Limited Liability Company (EOOD) in Bulgaria as a Travel & Tourism Agency means a total tax burden of 10.0% and an official formation cost of $30. This guide covers the steps, tax breakdown, banking options, and compliance requirements — all from verified data.

First-year total cost

$2,060

Ongoing (per year)

$1,400

Detailed cost calculator →

Why Single-Member Limited Liability Company (EOOD) for Travel & Tourism Agency?

A business model focused on organizing, booking, and selling travel, accommodation, and tour packages to individuals or groups. Requires robust payment processing and often specific local licensing.

Ideal for

  • Tour operators
  • Boutique travel planners
  • Corporate travel managers
  • Online travel agencies (OTAs)

Challenges to watch

  • Strict local licensing and bonding requirements
  • High chargeback risks in payment processing
  • Complex cross-border VAT and tax compliance
  • Seasonal revenue fluctuations

Key decision criteria

  • Does the jurisdiction require a specific travel agency license?
  • Can you easily open a merchant account that accepts high-volume, high-ticket international payments?
  • What are the consumer protection and liability laws?
  • How does the jurisdiction tax international travel packages?

Estimated breakdown (based on avg. $250,000 revenue)

Gross Revenue$250,000
Corporate Tax-$25,000
Formation Cost-$30
Annual Fee-$16
Net Profit$224,954

Simulate with your own revenue →

VAT / Sales Tax

Standard rate 20%. Registration threshold: 51,130 EUR. Foreign providers of digital services to Bulgarian consumers must charge 20% VAT, which can be reported through the EU One-Stop Shop (OSS) scheme.

Single-Member Limited Liability Company (EOOD) formation steps

1

Choose and reserve a unique company name with the Bulgarian Commercial Register.

2

Draft the Founding Act (Articles of Association) and standard management declarations.

3

Notarize and apostille the Power of Attorney and specimen signatures in your home country (if forming remotely).

4

Courier the original apostilled documents to your legal representative in Bulgaria.

5

Open a capital accumulation bank account and deposit the minimum share capital of 2 BGN (1 EUR).

6

Submit the incorporation documents and pay the state filing fees to the Bulgarian Registry Agency.

7

Obtain the Unified Identification Code (UIC/EIK) upon successful registration (usually within 3-7 days).

8

Register for VAT (mandatory if turnover exceeds 100,000 BGN or for intra-EU B2B services) and open an operational corporate bank account.

Travel & Tourism Agency FAQ

Do I need a special license to start an online travel agency?

In most jurisdictions, yes. Countries often require travel agencies to hold specific licenses, post financial bonds, or join consumer protection schemes to legally sell travel packages.

Which country is best for incorporating a travel agency?

It depends on your target market. If targeting EU customers, incorporating in an EU country like Estonia or Cyprus is beneficial for regulatory alignment. For global, low-regulation setups, some founders choose US LLCs, though payment gateways may still require proof of local compliance.

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