Incorporate a Company in Bulgaria

VAT / 20%

VAT for export / 0%

VAT for EU deliveries / 0%

Fixed exchange rate since 1997 /
1 EUR = 1,95583 BGN

Reimbursement of VAT / 30 days

Corporate income tax / 10%

Tax on dividends to individuals / 5%

Tax on dividends to EU companies / 0%

Minimum Share capital BGN 2 (EUR 1)

Withholding tax / 10%

Personal income tax / 10%

Social expenses / 10%

Representative expenses / 10%

Expenses on vehicles / 10%

Double taxation treaty Bulgaria - Romania

Time-scale for incorporation / 1 week

Why to incorporate a company in Bulgaria ?

It has never been that easy to take full advantage of the common European market by paying the lowest taxes in the whole EU!

Predictable and stable economic and political environment.

Fixed exchange rate BGN/EUR

The lowest operating cost in a European market economy

Low set up cost

	Bulgaria	Romania
Regular VAT	20%	24%
Corporate tax	10%	16%
Withholding tax on Dividends for Entity Shareholder	0%	10%
Withholding tax on Dividends for Individual Shareholder	5%	16%