The compliance deadline has been extended to 31 December 2028 — but it does not apply in every case

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EOOD · Capital conversion

EOOD Capital Conversion to Euro

A fully remote procedure to bring your EOOD’s capital into line with the new currency – review, documents, and entry with the Commercial Register, from €49.95.

Send your EIK and get a quote

Why capital conversion for an EOOD is not automatically correct

The Registry Agency automatically converts the registered amount of capital of every EOOD in the Commercial Register at the fixed rate of €1.00 = BGN 1.95583. The problem is that this automatic official conversion almost never matches exactly the sum of the converted shares, because dividing down to the cent rarely produces a round number.

Example – an EOOD with capital of BGN 5,000 and 5,000 shares
Automatically converted capital (Registry Agency)
€2,556.46
Sum of the converted shares
€2,550.00
Difference (error)
€6.46

This difference of just a few euro cents must be formally resolved by a decision of the sole owner of the capital and an update to the articles of association – otherwise discrepancies arise in the accounting records, with a risk of a fine.

Process

What the EOOD service includes

Review of the capital

We check the current amount of capital of your EOOD, the number of shares, and the exact size of the difference after the official conversion.

Resolution and documents

We prepare a decision of the sole owner of the capital and updated articles of association with the new amount and nominal value of the shares in euro.

Filing with the Commercial Register

We file the signed documents and track the entry on your behalf.

Confirmation

We notify you as soon as the entry is finalised.

Transparent pricing

Price and deadlines for an EOOD

Legal formPriceAverage registration time
EOOD€49.95 (BGN 97.69)2.5 business days at the Commercial Register

Preparing the documents takes up to 2 business days after confirmation and payment are received. Any state registration fee due (if applicable) is communicated in advance – no hidden charges.

Documents required from you

To start the procedure, it is enough to send us the EIK of your EOOD and a contact email through the inquiry form. We prepare all the documents – you only need to sign.

Answers

Frequently asked questions about EOOD capital conversion

Is capital conversion mandatory for an EOOD?
Yes. The Registry Agency automatically converts the registered amount of capital in the Commercial Register, but the owner of the EOOD remains obliged to bring the articles of association (memorandum) and the internal documents into line with the new currency.
What happens if I don’t do it?
Statutory fines of €76.69 to €766.94 apply for a first offence, and €153.39 to €1,533.88 for a repeat offence, in addition to the accounting discrepancies between the registered capital and the company’s constitutional documents.
Does the owner of the EOOD need to visit an office?
No. The procedure is 100% remote – from sending the EIK to signing the documents and tracking the entry.
By when must the conversion be completed?
The compliance deadline is 31 December 2028 – 36 months from the introduction of the euro on 1 January 2026. The extended deadline does not, however, apply in every case.

See also capital conversion for an OOD, the full price list by legal form, and the general questions and answers.

Ready to bring your EOOD’s capital into compliance?

Send us your EIK and you will receive a specific quote within 24 hours.

Send inquiry or +359 87 925 7578
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