---
title: "BULGARIA HOLDING LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/14f81da6-1b35-5194-affd-e2f0d17209cc
json: https://whiteintel.dev/api/public/dossier/14f81da6-1b35-5194-affd-e2f0d17209cc
identifier: icij:icijol-55034217
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# BULGARIA HOLDING LIMITED

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55034217`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/14f81da6-1b35-5194-affd-e2f0d17209cc  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/14f81da6-1b35-5194-affd-e2f0d17209cc  

## Ownership & control

### Owners / controllers

- **DAVID NETSER** (shareholder of) — https://whiteintel.dev/entity/50886c5e-3f43-5ffe-a855-7a3acd0eac20
- **DANIEL ZABAR** (shareholder of) — https://whiteintel.dev/entity/b78a0e26-1a31-561d-bb1a-a7ac5927543e
- **MIVTACH SHAMIR REAL ESTATE LTD** (shareholder of) — https://whiteintel.dev/entity/112d183a-a192-5a8a-8adf-1b8fa0fb9ede
- **ACCORD CONSULTANTS GROUP LTD** (shareholder of) — https://whiteintel.dev/entity/edbf20cc-6f06-5e7c-8b54-8bc5465a0506

### UBO chain (walk to the ultimate owner)

A **7-step** ownership/control chain to the ultimate beneficial owner is resolved for this entity. The full cited chain unlocks with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Exposure (derived from the ownership graph)

**3** owners upstream in this entity's ownership/control chain are flagged — a sanctions hit or a secrecy jurisdiction — an investigative lead by resolved identity, not a legal determination. The contributing parties and the hop-by-hop path unlock with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/55034217

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **BULGARIA HOLDING LIMITED**. Human view: https://whiteintel.dev/entity/14f81da6-1b35-5194-affd-e2f0d17209cc · Structured JSON: https://whiteintel.dev/api/public/dossier/14f81da6-1b35-5194-affd-e2f0d17209cc._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._