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Requirements for starting a transport activity

Registration of a transport company, issuance of licenses and necessary procedures

Requirements-for-transport-company-01

Before you start anything, you need to decide where and what you will transport. You have the opportunity to transport bothPassengers, as well asloads. You can travel inBulgaria, withinEuropean Unionand outside of it. Whichever option you choose, you will need it. registration of a trading company.

Registration of a transport company

This means that you need to do first company registration- EOOD, LTD, EAD, AD, SD, KD, KDA or ET. It is important to do free company name reference. Practice shows that the most commonly chosen forms areLtd and Ltd.You can carry out transportation as withown, as well as takenfor rentor onleasingcars.

Issuance of Transport License

Once you already have a registered company, you need to get a so-called.transport license. You have several options for this:

· a license to carry out the carriage of passengers or cargo on the territory ofR Bulgaria 

· license to carry passengers or cargo in the EU, also calledCommunity licence.

· to carry out international transportation, i.e.outside the EU, you must obtain, in addition to a Community licence, a permit for the State in whose territory the transport takes place, where such authorisation is required.

Issuance of a licence for the carriage of goods - Community licence

The procedure for issuing the license for the carriage of goods begins with the submission of a written Application in a form to the Minister of Transport, Information Technology and Communications on the proposal of the Executive Agency “Automobile Administration”.

In order to be issued a license to a Bulgarian freight company, the following requirements must be met:

Reliability of the transport company

The requirement of trustworthiness is met when the managers of the transport activity have not been convicted of intentional crimes of a general nature under the Criminal Code or have not been deprived by a sentence of the right to engage in transport activities.

Professional competence

The head of the transport activity must hold a Certificate of Professional Competence issued by the Executive Agency “Automobile Administration” or a Certificate of Professional Competence issued by a competent authority of a Member State of the European Union. Keep in mind that a person may be the head of a transport activity of No more than two companiescarrying out transport activities.

Financial stability

it is available where the trader has no tax and insurance obligations and has sufficient means to ensure the normal operation of the transport undertaking.

Establishment of the territory of the Republic of Bulgaria

The transport company must have its own or rented operation center, garage area and office.

Compliance with each requirement should be certified by the appropriate document. The circumstances declared in contracts, declarations, etc., are subject to control and are controlled and verified before the license is issued by the licensing authority, therefore it is good to use them when preparing the set of documents consulting services of specialistswho are familiar with the practical requirements for issuing such a licence.

The period within which a licence for the carriage of goods is issued or refused shall be 30 calendar days from the date of submission of the application. The licence shall be issued in a single copy and shall be accompanied by as many certified copies of the Community licence as the number of vehicles. The license belongs tothe company — carrierand not subject to relinquishment. The original of the Freight Transport Licence must be kept with the carrier. Obligatory onvehicle boarda certified copy of the Freight Transport Licence issued in the name of the company carrying out the transport must be found and provided upon request by the inspection authorities.

The license for the carriage of goods is NOT indefinite! It is issued with a validity period of 10 years, after which it is subject to renewal.

We are with you all the way:

1. Registration of a Transport Company;
2. Consultation, preparation, completion and submission of the necessary documentation for the issuance of a license;
3. You save valuable time, and with our knowledge and skills we will carry out the entire procedure of registration and obtaining a license for you;
4. If you already have a registered company, you can use our services only for the issuance of a Community license and certified copies of a Community license for international road transport, as well as for annual Financial Stability.

Ivan Petkov
Expert in VAT TAX
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