How do I register a nonprofit association in Bulgaria and open a bank account legally?

In Bulgaria
Last Updated: Jan 24, 2026
A few friends and I want to start an association for youth sports in Sofia and apply for small grants. We need to know the registration steps, required documents, and whether the bank will need extra paperwork for signatories.

Lawyer Answers

Simeon Sheyredov - Attorney at Law

Simeon Sheyredov - Attorney at Law

Jan 25, 2026
Best Answer

Hello,


Here is am overview of registering a youth sports association (сдружение с нестопанска цел) in Bulgaria, and the related banking requirements:


Registration steps




  1. Choose a unique association name.




  2. Hold a founding meeting (minimum 3 founders).




  3. Adopt the Statute (Устав) and elect management/representatives.




  4. Submit documents to the Register of Non-Profit Legal Entities (online or on paper).




  5. Pay the state fee.




Required documents




  • Application Form A15




  • Statute (Устав)




  • Minutes from the founding meeting




  • List of founders with signatures




  • Decision/minutes appointing management and legal representative




  • Signature specimen(s) of the legal representative(s)




Bank account & signatories




  • A bank account is not required for registration.




  • When opening an account, banks typically require:




    • Entity identifier and registration documents




    • Statute




    • Minutes showing legal representation




    • ID of signatories




    • Signature specimens (often signed at the bank or notarized)






  • Banks often request additional internal authorization/compliance forms.




If you would like professional assistance with drafting documents, filing the registration, or coordinating with the bank, I would be happy to help.


Best regards,
Simeon

Geffen Law Firm

Geffen Law Firm

Jan 26, 2026
Здравейте Симеон, имам опит в регистрацията на спортни асоциации, както и връзка със спортните федерации, към които следва да се регистрират след това спортистите от дадения спорт. При интерес може да се свържете с мен, за да опиша следните стъпки.
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