Frequently asked questions

Clear answers before the next step.

These answers provide general orientation. Requirements vary with each business and individual circumstances, and specialist matters should be reviewed professionally.

General

What is this
<p>Practical answers about registering, taxing, banking and living in Bulgaria — checked against Bulgarian tax law and immigration rules as of September 2026. Your own situation may differ, so treat this as a starting point, not personal advice.</p>

Company formation

Can a foreign entrepreneur establish a company in Bulgaria?
<p>Yes. There's no nationality or residency requirement for company ownership. A non-EU founder can be the sole owner and sole manager of an EOOD (single-member limited liability company).</p>
What's the minimum share capital to register a company?
<p>Around €1 for an OOD or EOOD. It still has to be deposited into a temporary bank account and documented with a deposit certificate before the Commercial Register will process the filing.</p>
Do I need a Bulgarian address to register a company?
<p>Yes. Every Bulgarian company needs a registered office and management address in the country where official correspondence can be reliably received — regardless of where the owner actually lives there or not.</p>
How long does company formation take?
<p>Timing depends on document readiness, the selected structure, verification requirements, and processing by third parties or institutions. A case-specific sequence is provided after review.</p>
Do I need to be in Bulgaria during company formation?
<p>No. Formation can be completed remotely with a power of attorney, though in-person registration and bank KYC are usually faster if you visit.</p>

Ongoing operations

Can you help after the company is registered?
Yes. Available support includes accounting coordination, payroll, compliance organization, virtual office options, and practical business administration.

Tax and VAT

What is the corporate tax rate in Bulgaria?
<p>A flat 10% on net profit — with no tiered brackets.</p>
What is the personal income tax rate in Bulgaria?
<p>Most personal income is also taxed at a flat 10% rate.</p>
What tax applies when I take money out as dividends?
<p>A 5% dividend withholding tax applies, reduced to 0% for qualifying shareholders resident in the EU or EEA.</p>
What's the VAT rate, and when do I need to register?
<p>Standard VAT is 20%, with a 9% reduced rate on specific goods and services. Registration becomes mandatory once your Bulgarian turnover passes €51,130 in a calendar year (the 2026 threshold) — you can also register voluntarily before that.</p>

Banking

Can you guarantee that a bank account will be opened?
<p>No. We can help prepare and coordinate an application, but each bank independently decides whether to accept a customer and may request additional information.</p>
Do I need to visit in person to open a business account?
<p>Some Bulgarian banks require an in-person visit for company KYC. Some accept alternative arrangements in specific cases — we'll tell you what's realistic for your situation before you commit to a trip.</p>

Residency and visas

Does owning a Bulgarian company automatically give me the right to live there?
<p>No. Company ownership on its own isn't grounds for a residence permit. Non-EU founders typically apply through a specific visa route, most commonly a Type D visa tied to actively managing the business — which involves its own requirements around funds, health insurance and a genuine, active company.</p>
What is the Digital Nomad visa, and do I need a Bulgarian company for it?
<p>It's a separate route for remote employees, freelancers and business owners who work for employers or clients outside Bulgaria — no Bulgarian company required, and holders can't take on Bulgarian clients or employers. The minimum income requirement is set at 50 times the Bulgarian minimum wage (around €31,000 a year in 2026).</p>
Which route is right for me — Digital Nomad visa or company formation?
<p>It depends on where your income comes from. If you'll keep working for foreign clients or employers, the Digital Nomad visa may fit. If you plan to run a Bulgarian company and take advantage of its 10% tax rate, company formation plus a business-based residence route is the relevant path. We'll help you work out which applies before you commit to either.</p>

Professional advice

Who provides legal and tax advice?
<p>Legal and tax advice is provided by independent qualified professionals engaged for the relevant matter. Business in Bulgaria coordinates the process but does not replace their advice.</p>

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