Benefits

Only 10 % corporate tax rate,low business costs, inexpensive staff and only 1 euro registered capital.

-Flat 10 % corporate tax rate;
-Minimum required capital of only 1EUR;
-Fast procedures (7days incorporation time);
-Double tax avoidance;
-Low business costs;
-Easy VAT registration;
-No need for our clients to visit Bulgaria;
-Option to become a resident of Bulgaria;
-Bank account of the company can be opened outside of Bulgaria.

10%
CORPORATE INCOME TAX

- 10% withholding tax on interest, royalties, service fees, capital gains and certain other income accrued to non-resident entities

- 5% withholding tax on interest and rayalties to eu related parties

- 5% withholding tax on dividents distributed to non-eu residents

- 10% one – off tax on certain expenses

10%
personal income tax

- up to 31.4% mandatory insurance contributions on a capped base (bgn 2000)

- 10% one – off tax on interest, royalties, services fees, capital gains and certain other income payable to non – resident individuals

- 5% withholding tax on dividents distributed to non-eu residents

- 5% one – off tax on dividents and liquidation quotas

20%
value added tax

- reduced rate of 9% for hotel accommodation

- 0% for exports and certain other activities

- refund of input vat within three months (regular term)

- faster refund within one month if certain requirements are met

other taxes, duties and fees

- reduced rate of 9% for hotel accommodation

- 0% for exports and certain other activities

- refund of input vat within three months (regular term)

- faster refund within one month if certain requirements are met