Company registration · Bulgaria
Company registration in Bulgaria a flat 10% rate inside the European Union
- Support
- from €1 100
- Registration time
- 10%
- Corporate income tax rate
- 10%
One of the lowest corporate rates in the Union with a modest cost of upkeep and no local business tax.
A practical base for services, IT and regional trade.
Registration
from €1 100
Turnkey work by BRIDGES. Government fees and duties appear as a separate line in the estimate at actual rates.
See packages10%
Corporate income tax rate
1-2 weeks
Incorporation with the registry agency
EU
Full access to the single market
Who it suitsBulgaria
Who Bulgaria suits
Working on the company structure- 01IT companies and outsourcing with a local team
- 02Services and consulting billing across the EU
- 03Regional trade and distribution
- 04Holdings that need a low-cost EU entity
- 05Businesses looking for the cheapest EU upkeep
Does not suit
- You need a premium reputation for the counterparty
- A fully remote company with no local accountant
- You are counting on anonymity: the registry is public
- There is no willingness to work with Bulgarian-language filings
Company forms4
Which company to open
The limited liability company is the working form for nearly every case.
- 01Druzhestvo s ogranichena otgovornost · OOD / EOOD — limited liability company
IT, services, trade, holdings.
The lowest entry cost in the European Union.
A local address and a Bulgarian accountant are required.
- 02Aktsionerno druzhestvo · AD — joint stock company
Larger businesses and structures raising capital.
Flexible share classes and higher standing.
Higher capital requirement and heavier governance.
- 03Branch · branch of a foreign company
An existing group entering the EU market.
No new legal entity is required.
The parent company carries the liability.
- 04Trade representative office · representative office
Companies studying the market.
Simple to register.
Commercial activity is not permitted.
Packagesfrom €1 100
Three ways to launch
The scope is built from real scenarios. The amount depends on VAT and on the level of accounting support.
01 · 1-2 weeks
Company
from $1 400
An EU entity for contracts and invoicing
- Name check and preparation of the articles
- Capital deposit and filing with the registry agency
- Registered address for the first year
- Full set of corporate documents
- Tax registration and a Bulgarian accountant
02 · 3-7 weeks
Company, VAT and account
from $2 800
An operating business with EU settlements
- Everything in the Company package
- VAT and EU VAT registration
- Bank profile and submission to suitable banks
- Monthly accounting set-up
- Support with correspondence with the revenue agency
03 · from 4 weeks
Turnkey with staff
by project
A company with employees and real operations
- Everything in the Company, VAT and account package
- Employer registration and payroll administration
- Office search and lease support
- Work permit support for foreign employees
- Monthly bookkeeping, annual accounts and returns
Registry fees, social contributions and rent appear as separate lines in the quote.
TaxesBulgaria
Taxes in Bulgaria
A simple flat system with a low rate on distribution.
Taxes in Bulgaria
Bulgaria
- 10%
- Corporate income tax rate
- from $1 400
- BRIDGES fee
- 1-2 weeks
- Incorporation with the registry agency
- EU
- Full access to the single market
- Corporate income tax
- A flat rate of 10% on taxable profit.
- Dividend tax
- A low rate is charged when profit is distributed to individuals.
- VAT
- The standard rate is 20%, with reduced rates for certain supplies.
- Payroll charges
- Employer and employee contributions apply within statutory bands.
- Personal income tax
- A flat rate applies to individuals, which matters when planning salaries.
- Obligations at home
- Owning a foreign company creates obligations in the beneficiary country of residence.
Annual upkeep
- Registered address
- Monthly accounting
- VAT returns
- Annual accounts
- Corporate tax return
- Payroll and contributions
- Statistical reporting
- Bank compliance
Registry fees, social contributions and rent appear as separate lines in the quote.
Bank
The bank account after incorporation
Bulgarian banks work with foreign owners but usually want to meet the managing director.
- 01What the bank looks at
The activity, the customers, expected turnover, the local presence and the source of funds.
- 02Which documents are needed
The corporate set, managing director identification, contracts and a description of the business.
- 03Where the account is opened
With Bulgarian banks, and with European payment institutions for cross-border flows.
- 04What we do
We prepare the file, arrange the meeting and run the submission through to the result.
The capital deposit account is straightforward; the operating account usually requires a personal visit. We plan the trip or find remote alternatives.
Stages1-2 weeks
How the work runs
Timelines are split by who is responsible.
- 01Consultation and structure
Activity, VAT, staff, banking, dividends.
One meeting - 02Quote and contract
We fix the scope of work and the amount.
1 day - 03Documents and translations
Collection of the set, notarisation and translation.
3-7 days - 04Capital deposit
Opening the accumulation account and depositing the capital.
2-5 days - 05Incorporation
Filing with the registry agency and entry in the register.
3-7 days - 06VAT and account
VAT registration and opening the operating account.
The agency and the bank set the timing
Result: The outcome is the cheapest working EU company: full documents, a VAT number, an account and a Bulgarian accountant in place.
ComparisonBulgaria
Bulgaria or Romania
| Bulgaria | Romania | |
|---|---|---|
| Corporate tax | 10% flat | 16% or a turnover-based micro-company rate |
| Dividend tax | a low rate on distribution | a low rate on distribution |
| VAT | 20% | 19% |
| Micro-company regime | none | available with conditions |
| Incorporation time | 1-2 weeks | 1-2 weeks |
| Upkeep cost | the lowest in the EU | low |
| Who it suits better | a predictable flat rate | small companies with modest turnover |
Bulgaria gives a simple flat rate; Romania can be cheaper for very small companies through the micro-company regime.
TeamBRIDGES
Company team
Questions
Registration questions
What is the corporate tax rate?+
A flat 10% on taxable profit — one of the lowest in the European Union.
What tax applies to dividends?+
A low rate is charged when profit is distributed to individuals. We model the combined cost of extraction.
How long does incorporation take?+
One to two weeks including the capital deposit and registration.
Do I need a Bulgarian director?+
No, but a registered address and a Bulgarian accountant are required.
How hard is it to open a bank account?+
The capital account is easy; the operating account usually requires a personal visit by the managing director.
Can I get an EU VAT number?+
Yes, usually within a few weeks of incorporation.
Is an audit mandatory?+
Only above the statutory size thresholds.
Are filings in Bulgarian?+
Yes, which is why a local accountant is part of the service.
Is the registry public?+
Yes, managing directors and members are visible.
Is Bulgaria in the euro area?+
The lev is pegged to the euro under a currency board arrangement; euro adoption is a separate political timetable.
Do I have to declare the company at home?+
As a rule yes: owning a foreign company creates obligations in your country of residence.
What does upkeep cost?+
Address, accounting, VAT and, where relevant, payroll. This is the cheapest EU jurisdiction we work with.
A company for your task
Tell us what the company will do: we will check whether the country fits and show the launch and upkeep budget before the contract.
- Other jurisdictionsA comparison of countries for company registration.
- A company in RomaniaThe neighbouring alternative with a micro-company regime.
- Corporate accountsHow an account is opened and what the bank checks.
- CzechiaRegistration: 5-14 days · from €1 300
- HungaryRegistration: 3-7 days · from €1 400
- IrelandRegistration: 3-10 days · from €1 900
Company registration
Want a company in Bulgaria?
Write to us, we will set it up. We will choose the form, calculate the launch and the annual upkeep, register the company and help open the account.
