Dmitri Mihhailov
Managing Partner
Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.
Register a company in Bulgaria, the EU's ten-percent flag.
Set up a Bulgarian EOOD remotely in about a week: 10% corporate tax, 5% on dividends, 10% flat personal tax, €1 capital, and since January 2026 it all runs in euros inside Schengen. The admin comes with the territory - Bulgarian-language filings, monthly accounting and banks that KYC foreign owners hard.A Bulgarian EOOD in about a week: 10% corporate tax, 5% dividends, 10% flat personal, €1 capital - since 2026 all in euros, inside Schengen. The admin: Bulgarian filings, banks that KYC hard.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served
Updated
Bulgaria · at a glance
Legal formEOOD / OOD · LLC
Time to set up3-7 business days
Corporate tax10% - EU's lowest
Dividends5% · 0% to EU parents
CurrencyEuro - since 2026
Remote setupYes - by POA
4.7
★★★★★
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Bulgaria in brief
The lowest mainstream tax bill in the European Union.
Bulgaria's pitch fits on a napkin: 10% corporate tax (the EU's lowest headline rate), 5% withholding on dividends, and a 10% flat personal income tax. An owner takes profit home at roughly 14.5% all-in, with full EU membership, VAT machinery and treaty access attached. The last asterisks disappeared recently: Bulgaria joined Schengen and, from January 2026, the eurozone - the lev's 1.95583 peg simply became the euro, and accounts, capital and contracts now run in the single currency.
The working reality, then. The Commercial Register is fast and the EOOD needs €1 of capital, but everything official runs in Bulgarian - charters, filings, monthly VAT and payroll - and accounting is real from day one. Banks are the slow lane: onboarding a foreign-owned company means thorough KYC, in-person preferences at some institutions, and patience we shortcut by matching you to the right desk. Political cycles rotate faster than policy changes; the 10% has survived every government since 2008. For EU trading, IT teams and owner-operators, the arithmetic is simply hard to beat.
The napkin pitch: 10% profit tax (EU's lowest), 5% dividends, 10% flat personal - ~14.5% all-in to the owner, with EU membership attached. The asterisks died recently: Schengen done, euro since January 2026.
Working reality: everything official runs in Bulgarian, accounting is monthly and real, banks KYC foreign owners hard - we pick the right desk or pair an EMI. The 10% has survived every government since 2008.
Packages & pricing
Bulgarian company - cost & packages.
01 - EOOD · SINGLE-OWNER LLC
Company
from€1,600EUR · all-in
Remote registration of a Bulgarian EOOD - charter, Commercial Register filing, tax registration and the first year of the registered address included.
✓Name check & Commercial Register filing✓State fees included✓Charter & founding documents drafted✓Registered address in Sofia - first year✓BULSTAT & tax registration handled✓Free pre-incorporation consultation
Optional add-ons: VAT registration - from €250 · accounting - from €150/month · annual renewal - from €1,200/year.Add-ons: VAT registration from €250 · accounting from €150/month · renewal from €1,200/year.
Start with Company →02 - EOOD · SINGLE-OWNER LLC
Most popularCompany + Bank Account
from€2,900EUR · all-in
A working EOOD with a Bulgarian bank or EMI account - euro balances, cards and online banking, arranged with our support.
✓Everything in Company✓Account with a Bulgarian bank or EU EMI✓Account application & KYC file preparation✓Introduction to 2-3 suitable institutions✓Compliance onboarding support✓Dedicated account manager
Start with Banking →Starting prices; the final quote lands before any work does. Register, notary and translation fees are itemised in your quote.Starting prices; the final quote lands first. Register and translation fees itemised.
What you can do
Popular uses for a Bulgarian company.
An EOOD may run almost any lawful business. Financial services need BNB or FSC licensing; regulated professions keep their chambers. We scope both.Almost any lawful business; finance needs BNB/FSC licensing, professions keep their chambers.
IT & development teams
Sofia's engineering pool at 10% corporate and 10% flat personal tax.
E-commerce & EU trading
One EU VAT number selling into the whole single market, now settling in euros.
Consulting & services
Owner-operators keeping ~85% of profit after all Bulgarian taxes.
Manufacturing & nearshoring
EU-rules production at the union's lowest cost base.
Holding structures
5% dividends out, 0% to EU parents, treaty network attached.
Financial serviceslicensed
Payment and investment firms under BNB / FSC licensing.
IT & dev teams
Sofia talent at 10% + 10%.
E-commerce & EU trade
One VAT number, euro settlement.
Consulting & services
Keep ~85% after all taxes.
Manufacturing
EU rules, lowest cost base.
Holding structures
5% out, 0% to EU parents.
Financial serviceslicensed
BNB / FSC licensing.
Why Bulgaria
Key advantages of the jurisdiction.
✓
10% - the EU's lowest
One flat rate since 2008, survived every government. No regimes or rulings needed.Flat since 2008.
✓
~14.5% to the owner
10% profit plus 5% dividend. The cheapest legal route from EU revenue to your pocket.Cheapest legal route home.
✓
Euro & Schengen, done
Since 2026 the currency is the euro and the borders are Schengen. The old asterisks are gone.The asterisks are gone.
✓
€1 capital, days to open
The Commercial Register works fast; an EOOD stands in under a week.Register works fast.
✓
EU's lowest costs
Salaries, rents and services below every other member state.Salaries and rents included.
✓
Flat 10% personal
Relocating owners pay one flat rate. Planning without gymnastics.Relocation-friendly.
How it compares
Bulgaria next to the usual shortlist.
Hungary's 9% beats the headline but loses on dividends and 27% VAT; Romania is bigger and pricier; Cyprus adds non-dom perks at 12.5%; Estonia defers rather than cuts. On total owner cost, Bulgaria wins the EU mainstream. Figures current as of 2026.Hungary: 9% headline, 22%+ total. Romania: bigger, pricier. Cyprus: non-dom special case. Estonia: deferral. Bulgaria wins the owner total. Figures as of 2026.
| Country | Corporate tax | Owner all-in | Signature edge |
|---|---|---|---|
| Bulgaria | 10% | ~14.5% | Lowest EU owner burden |
| Hungary | 9% | ~22.4% | Lowest headline, 27% VAT |
| Romania | 16% | ~22.7% | Bigger market |
| Cyprus | 12.5% | 12.5-17.5% | Non-dom dividends 0% |
| Estonia | 0% / 22% distrib. | 22% deferred | Tax only when you take |
BulgariaOwner ~14.5%
Corporate tax10%
Dividends5%
Hungary9% headline
Corporate tax9%
Dividends15%
RomaniaScale
Corporate tax16%
Dividends8%
CyprusNon-dom
Corporate tax12.5%
Dividends0-17%
EstoniaDeferral
Corporate tax0% / 22%
Dividendsin the 22%
Requirements
What Bulgarian law actually demands.
01
One shareholder - Individual or company, any nationality. EOOD for one owner, OOD for partners.
02
Manager - At least one manager (upravitel); non-EU residents can serve without a local co-manager.
03
Capital - €1 - The statutory minimum is symbolic; deposited to a capital account before filing.
04
Registered address - A Bulgarian seat for the Commercial Register - included in our package.
05
BULSTAT & VAT - Tax registration comes with incorporation; VAT is mandatory above BGN-era thresholds (now euro) or voluntary. We file both.
06
Accounts & filings - Monthly VAT and payroll, annual statements published in the register, all in Bulgarian. Our accountants carry them.
How it works
From application to a live company in days.
Our lawyers file at the Commercial Register under one power of attorney; most companies stand within a week.POA, capital account, Commercial Register, VAT: most companies stand within a week.
01Same day
Free consultation
We confirm Bulgaria fits your case. And say so plainly if Cyprus or Estonia serves the goal better.
021-2 days
KYC & POA
Passports, proof of address and an apostilled power of attorney; we draft the charter.
031-3 days
Capital account
The €1+ capital is deposited; the bank issues its certificate.
041-3 days
Commercial Register
Filing submitted; the company and its EIK number appear in the register.
052-5 days
VAT & registrations
VAT number, e-filing access and municipal registrations where needed.
061-2 weeks
Banking
The capital account converts to full corporate banking, or we route to an EMI.
Quick facts
Legal formEOOD / OOD
Shareholders1+, any nationality
Corporate tax10%
Dividends5%
Standard timeline3-7 business days
Capital€1 - symbolic
Renewal & accountingFrom €1,200/year
The register is quick; banks are not. We open the capital account where conversion to a working account is smoothest - or pair the company with an EU EMI on day one.
On the ground
On the ground in Bulgaria.
Prifinance - Bulgaria
Sofia
Sofia, Bulgaria
01
EU-desk specialists
Your setup is run by a team registering companies across the union's low-cost members every month.
02
Register & tax handled
Charter, EIK, BULSTAT, VAT. Filed correctly, in Bulgarian, on time.
03
Accounting in Bulgarian, reported in English
Monthly filings carried locally, with reporting you can actually read.
04
Also in Tallinn, London, Dubai & more
A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.
We also have offices in
Tallinn
Estonia
Roseni 13
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
Vilnius
Lithuania
Gedimino pr. 2
London
United Kingdom
7 Bell Yard
Prague
Czech Republic
Vlkova 532/8, Žižkov
Berlin
Germany
Rankestraße 26
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
Dubai
UAE
33 Level, Al Saqr Business Tower
Toronto
Canada
1110 Finch Avenue West, suite 406
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Almaty
Kazakhstan
Republic Square 13
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation 2026
Ten, five, ten - and now in euros.
Bulgaria taxes company profits at a flat 10%, dividends at 5% (zero to qualifying EU parents), and personal income at a flat 10%. VAT runs the standard EU machinery at 20%. Since January 2026 all of it settles in euros: the currency-board peg simply became membership, removing the last conversion friction.10% profit, 5% dividends, 10% flat personal - ~14.5% all-in, now settling in euros.
Corporate tax - 10%
The EU's lowest headline rate, unchanged since 2008.EU's lowest, since 2008.
Dividends - 5%
To individuals and non-EU parents; 0% to qualifying EU companies.0% to EU parents.
Personal - 10% flat
One rate for salaries and self-employment - relocation-friendly arithmetic.One rate, no gymnastics.
VAT - 20%
Registration above thresholds or voluntary; intra-EU and exports zero-rated.Intra-EU zero-rated.
Levies in 2026
Corporate income tax10%
Dividends5% · 0% EU parents
Owner all-in~14.5%
Personal income tax10% flat
VAT20%
Renewal & accountingFrom €1,200/year
Social contributions apply on salaries up to a capped base, modest in euro terms. Owners remain responsible for tax where they live; we map both sides.
Your team
The specialists who'll handle your case.
Eugeniu Bevziuc
International Business Consultant
Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.
Alex Danila
Corporate Services Specialist
Handles incorporation paperwork, KYC and bank introductions so your Bulgarian company launches without delays.
Follow Prifinance
Active across our channels.
Watch: opening a company in Bulgaria with Prifinance
The EU's cheapest mainstream flag - company, VAT, bank and accounting in one project, now all in euros. Full support, start to finish.
Talk to a specialist →FAQ
What owners ask about Bulgaria.
Can I open a Bulgarian company without visiting?+
Yes. With an apostilled power of attorney we handle the charter, capital account and Commercial Register filing remotely. Some banks prefer to meet foreign owners for the operating account; we match you to institutions that onboard by video, or pair the company with an EU EMI from day one.
How much does it cost?+
Turnkey registration starts from €1,600 including state fees and the first year of the registered address. With a bank or EMI account arranged, packages start from €2,900. Renewal with basic accounting runs from €1,200 a year.
What taxes will I actually pay?+
10% on company profit, then 5% withholding when dividends come to you: roughly 14.5% all-in, the lowest mainstream owner burden in the EU. If you relocate, personal income tax is a flat 10%. VAT is 20% with intra-EU supplies zero-rated. We model your exact numbers before you commit.
What changed with the euro?+
Since 1 January 2026 Bulgaria is a eurozone member: the lev converted at its long-standing 1.95583 peg, and accounts, capital, contracts and filings now run in euros. Practically, the last FX friction and conversion costs disappeared; pricing, invoicing and banking are single-currency end to end. Schengen membership had already removed the border friction.
EOOD or OOD?+
The same LLC in two guises: EOOD has a single owner, OOD has two or more. Conversion between them is a filing, not a restructuring. Solo founders take the EOOD; partners take the OOD with a shareholders' agreement we draft alongside the charter.
Is €1 capital really enough?+
Legally yes: the minimum is symbolic and deposited before filing. Practically, banks and counterparties read the balance sheet, so we usually recommend working capital appropriate to your plan. Nothing is locked; the money is the company's to spend from day one.
How is banking?+
The register is faster than the banks. Bulgarian institutions (UniCredit Bulbank, DSK/OTP, Postbank, UBB/KBC) run thorough KYC on foreign-owned companies and some prefer a face-to-face. We prepare the file, choose the desk that actually onboards foreigners, and where speed matters open an EU EMI account in parallel so the company can invoice while the bank deliberates.
What does the accounting involve?+
Real, monthly work: VAT returns, payroll, annual statements published in the Commercial Register, all in Bulgarian. There is no filing-free mode. Our Sofia accountants carry the calendar and report to you in English; from €150 a month it is the cheapest real accounting in the EU.
Bulgaria or Hungary / Cyprus?+
Hungary's 9% wins the headline but loses the total: 15% dividends and 27% VAT push the owner past 22%. Cyprus at 12.5% beats Bulgaria only for non-dom residents taking 0% dividends. Estonia defers rather than cuts. For an owner-operator wanting the lowest all-in cost inside the EU mainstream, Bulgaria's ~14.5% is the number to beat, and we flag it when your case is the exception.
How long does it take?+
The Commercial Register turns filings around in days: plan 3-7 business days from complete KYC to a company with an EIK number, plus a few days for VAT. Banking adds one to two weeks depending on the institution; an EMI account can run in parallel from day one.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Google
“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”
Google
“I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license…”
Google
“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”
Google
“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”
Google
More from Prifinance
Other jurisdictions & licenses.
Free consultation
Start your Bulgarian company today.
A few lines about the business are enough: within one business day a specialist sends a recommendation (EOOD, an EU alternative or a different flag), a timeline and a fixed quote.A Bulgaria specialist replies within one business day with a recommendation, a timeline and a fixed quote.
✓No obligation; the first consultation is free✓A clear recommendation, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU speaking team