Why Does Bulgaria’s 10% Corporate Tax Attract Foreign Entrepreneurs?
Bulgaria applies a flat corporate tax rate of 10% on the profits of all companies – regardless of their size. For comparison:
| Country | Corporate Tax |
|---|---|
| Bulgaria | 10% |
| Germany | 29.9% |
| France | 25% – 32% |
| Italy | ~24% |
This low rate makes Bulgaria one of the most competitive jurisdictions in the EU.
Additionally, the dividend tax is only 5%, allowing company owners to retain a larger share of their profits.
What Are the Advantages for Foreign Investors?
Low taxes = Higher net profits. Entrepreneurs can reinvest or withdraw a larger portion of their earnings.
Flat tax regime = Easier financial planning. One simple rate, no complex calculations.
EU membership = Free access to the European internal market. A company registered in Bulgaria has the right to duty-free trade and operates under a stable legal framework.
How to Set Up a Company in Bulgaria and Benefit from Low Taxes?
Company registration takes 3 to 7 working days. Requirements include:
- Minimum share capital: BGN 2
- Registered office address
- Notarized power of attorney if you are not present in the country
The company can be registered as an EOOD (single-owner LTD) or OOD (multi-owner LTD). Accounting is mandatory under the Bulgarian Accounting Act.
Why Work with T&G Consulting?
We provide complete support for foreign entrepreneurs, including:
- Company registration
- Tax planning and consulting
- Accounting services and payroll
- Representation before the NRA and Commercial Register
Benefits of Partnering with T&G Consulting:
| Service | Advantage |
|---|---|
| Tax planning | Optimize expenses and profit |
| Full compliance | Stay in line with local regulations |
| Online communication | No need to be physically present in Bulgaria |
| English / German support | Simplified communication |
Who Benefits Most from the Bulgarian Tax System?
Most commonly:
- Freelancers with their own company (IT, marketing, consulting)
- E-commerce businesses seeking cost optimization
- International investors looking for EU access
- Start-ups needing a flexible tax environment
Why Now Is the Right Time?
Amid inflation and rising tax burdens in Western Europe, Bulgaria offers:
- Financial stability
- Predictability
- Low-cost operational environment
Registering a company now means you can start operating within a week while taking full advantage of tax benefits.
How to Get Started?
You can begin with:
- A consultation with ASB – free initial assessment
- Document preparation – remotely or via power of attorney
- Company registration and business launch
📩 Contact us for assistance with company formation, tax strategy, and full accounting support.
🌍 Establish your business in the EU with minimal costs and maximum efficiency.
Find more interesting and useful information on our partners’ channelhere!