In today's rapidly evolving world, both small and large companies are struggling to attract and retain employees with good skills and abilities. However, employees often leave their employers because the conditions they offer are not good enough. On the other hand, employers are unable to contin...
If you are wondering why you should set up a VCC (variable capital company) rather than the standard limited liability company (LLC), this article is for you.
Similarities between LLC and VCC
Let's start with the similarities between the two companies.
Both LLC and VCC can...
Introduction
VCC or 'variable capital company' is the new type of company in Bulgaria. The regulatory framework for the VCC entered into force in February 2024 and the de facto possibility for its creation was created in December 2024.
Who can establish a VCC?
One or more Bulgaria...
The advantages of a VCC are far greater than those of an LLC. This is why many LLC owners want to convert their companies into VCC. This is possible through the so-called transformation procedure by changing the legal form.
Introduction
In the process of transformation, your company will cea...
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