Following the publication of Ordinance No. 76 of 12/06/2025, the Bulgarian Financial Supervision Commission (FSC) has introduced a new fee applicable to the notification of EU UCITS marketing activities in Bulgaria.
Under the new requirements, an initial notification fee of EUR 250 is payable for the marketing of units of a collective investment scheme (UCITS) established in another EU Member State in the Republic of Bulgaria as par Art. 20, para 1, p. 52 of the ordinance. The fee applies per UCITS or, in the case of an umbrella structure, per sub-fund. The FSC has not introduced any annual fees, meaning that only the one-off initial notification fee is currently payable.
The fee is to be paid prior to a notification, and proof of payment is to be attached to the notification letter.
Information regarding the marketing requirements for UCITS is available here.
Feel free to contact us should you require additional information.
