Is Bulgaria Tax Free? All about Tax Refund and Saving Money
Bulgaria has a very friendly tax system. Making a priority of simplicity and transparency, this country’s tax scheme is considered one of the best in the world and with no doubt appealing to businesses and individuals alike. Of course, this doesn’t mean that Bulgaria is tax free. The tax rate for Bulgarians is 10% flat, […]
Tax in Bulgaria: Complete Guide on BG Tax Rates [2023]
Recent years have seen Bulgaria in the light spot thanks to a myriad of reasons, among which are its stable financial system, government policies dedicated to attracting businesses, increasingly appealing tax rates, and a well-educated workforce with somewhat lower labour costs. Additionally, Bulgaria is also a member of the European Union, making it easier for […]
Bulgaria VAT: Rates, system and How it Works in the Country
All European countries are subject to VAT. A tax system that is efficient, transparent and simple, which applies to the whole of the single market in Europe. While each country may have its own rates and ruling for VAT, some principles are the same. It’s applied to all commercial activities, it’s paid by the customer […]
Is Bulgaria in the EU? YES! Here is how and why
Bulgaria is a beautiful country with a wide variety of natural areas that range from mountains, with some great skiing facilities, to beach towns on the Black Sea. The country has also a rich history stamped on the architecture of cities like Sofia or the beautiful Plovdiv and Varna. While little is usually known about […]
Looking to move your company to Bulgaria? All you need to know
Bulgaria is becoming a popular choice for companies to relocate. The main reasons are a simple and enticing corporate tax system, lower labour costs when compared to other European countries, and the commitment of the government to implementing an attractive business scheme. Are you interested in moving your company to Bulgaria? Here we will detail […]
How to check your Bulgarian company registration: a simple procedure
Have you decided to register a company in Bulgaria? There are many good reasons to do so, but what everybody talks about is the tax system that charges a 10 percent rate on all company profits after deductions. What is more, there are no complicated tax rules, no prepayments necessary in most cases, no restrictions […]
Company Registration in Bulgaria in only 5 simple Steps
Bulgaria is a European tax heaven for companies looking for a simple taxing system with an appealing rate of 10% flat on all company profit, as well as lower labour costs and lower social security contributions. And, what is more, it’s easy to open a company in Bulgaria. The main attraction to foreign firms is […]
Does Bulgaria tax foreign income?
Taxes on foreign income in Bulgaria are dependent on the resident status of the individual. This is also valid for corporate profit made abroad.. But, what does it mean? Basically, Bulgarian individuals and Bulgarian-based companies, pay taxes on their income made not only within the limits of Bulgaria but also abroad. On the other hand, […]
Bulgaria Salary Tax Calculator: what you need to know
Bulgaria has become an appealing destination for companies looking to expand their growth and maximize their profit. And there is a good reason for this… Not only Bulgaria has an attractive 10% flat rate tax on corporate income, but it also has made it easy and straightforward to start a company in Bulgaria. In an optimistic […]
Bulgaria Tax Identification Number: Complete Guide
Bulgaria has placed itself among the most attractive countries for companies looking to maximize their profits, pay lower taxes, or benefit from an educated and more affordable workforce. There are many reasons a company would find it advantageous to set up a branch business in Bulgaria. However, there is no doubt that the main reason Bulgaria […]