Declaration under Art. 141(8) of the Commerce Act

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This document is in Bulgarian

The PDF you download is in Bulgarian — that is the language it has to be filed in, so it is not translated. Everything on this page is here to tell you what it says.

The declaration every new managing director files — that they meet the requirements of the law and that nothing bars them from holding the post. It is filed when the company is incorporated and on every later change of managing director.

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Common questions

Why is this declaration required of a managing director?
Because the law sets conditions on who may be a managing director, and the declaration certifies that the person meets them. It is submitted when a new managing director is entered in the register.
What am I declaring in it?
That none of the bars the law lays down for holding the post applies. Read them before signing — the declaration is signed under liability, not as a formal attachment.
Does each managing director sign separately?
Yes — where there are several, each declares for themselves. The circumstances are personal and cannot be certified by anyone else, including by the owner of the capital.
Is this declaration notarised like the specimen signature?
Usually the declaration is filed without notarisation, while the consent and the specimen signature are notarised. Check the current requirements for the particular entry before filing the pack.

How you can sign this document

  • Print it and sign by hand. The signature lines in the document are left blank on purpose — sign on them in ink.
  • Sign it yourself with a qualified electronic signature. If you already hold a QES — Evrotrust, B-Trust, StampIT, ZealiD or any qualified provider on the EU Trusted List, on a card, a USB token, in a mobile app or in the cloud — our signing guide explains step by step how to sign this exact file without invalidating it. Step-by-step help, and a way to check it worked

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