Do business in Bulgaria. Without the mess.
Incorporate an OOD in the Bulgarian Commercial Register, register with the National Revenue Agency, and operate inside the EU with the bloc's lowest flat tax rates, all managed through one platform. Bulgaria offers the most tax-efficient onramp into the EU single market.
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Why Bulgaria
The EU's lowest flat tax rates, fastest incorporation, and full single market access.
Bulgaria combines the legal certainty and market access of EU membership with the most competitive tax rates in the bloc. At 10% flat on both corporate income and personal income, it is the only EU member state with a single-digit tax rate on both. A BGN 2 (roughly EUR 1) minimum share capital for an OOD removes any capital barrier to entry, and the Bulgarian Commercial Register processes online incorporations in 1 to 3 business days.
For companies building distributed European operations, holding structures, or tech product businesses, Bulgaria offers a meaningful cost advantage over Western European jurisdictions with none of the regulatory risk of offshore structures. Sofia's tech sector is growing rapidly, with competitive engineering salaries and a strong university pipeline. Commenda handles the Commercial Register filing, NRA tax registration, and ongoing compliance obligations so your Bulgaria entity is operational within a week.
Explore Bulgaria incorporation- 10%Corporate income tax (EU's lowest)Bulgaria's flat 10% corporate income tax is the lowest in the European Union and applies uniformly regardless of company size or revenue. No progressive brackets, no surcharges.
- 10%Personal income tax (EU's lowest)Bulgaria also applies a flat 10% personal income tax, the lowest in the EU. This makes Bulgaria highly attractive for founders, senior executives, and employees relocating to manage European operations.
- BGN 2Minimum share capital for OODAn OOD can be incorporated with a minimum share capital of just BGN 2 (approximately EUR 1), with no minimum paid-up requirement beyond that. Capital can be increased at any time after formation.
- 1-3Days to incorporateThe Bulgarian Commercial Register processes online OOD incorporations in 1 to 3 business days, making Bulgaria one of the fastest countries in the EU and globally to establish a legal entity.
Product Suite
One platform.
Every jurisdiction. No gaps.
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Tax & Accounting
Consolidated financial reporting and local corporate tax filings. One audit trail.
Entity types
Choose the right structure for your business
Recommended
OOD (Дружество с ограничена отговорност / Private Limited Company)
Bulgaria's standard private limited company, equivalent to a UK Ltd or German GmbH. Incorporated through the Bulgarian Commercial Register under the Commerce Act, the OOD is the default structure for foreign subsidiaries, tech companies, and holding entities. It offers full limited liability, minimal capital requirements, and no residency requirement for directors.
Benefits
- Limited liability: members' exposure is capped at their capital contribution; personal assets are protected
- 100% foreign ownership permitted with no local partner or director residency requirement
- BGN 2 minimum share capital: the lowest effective capital threshold in the EU
- 1 to 3 business day incorporation via online filing with the Bulgarian Commercial Register
- Full EU single market access: trade, hire, and contract across all 27 member states
- No capital gains tax for EU and EEA companies on gains from the sale of shares in Bulgarian companies
Key considerations
- 20% VAT applies to most goods and services; mandatory VAT registration once annual turnover exceeds BGN 100,000
- Monthly or quarterly VAT returns required once registered
- Annual financial statements must be filed with the Commercial Register and the National Revenue Agency
- Dividend withholding tax of 5% applies on distributions to non-resident shareholders, subject to treaty reduction
- Bulgaria is an EU member but not yet in the Eurozone; the Bulgarian Lev (BGN) is pegged to the Euro at a fixed rate
How it works
From kickoff to open for business in Bulgaria
Incorporating in a new country means unfamiliar filings, local requirements, and moving parts across multiple vendors.
We handle all of it so you don't have to.
Day 1
Onboarding
Your details submitted once. Entity name checked, documents collected, filings kicked off. No back-and-forth.
Days 1–3
Entity confirmed
Incorporation done. Formation documents, company number, and registered address live in your Commenda dashboard.
Week 1–2
Tax setup
Tax registrations filed, banking guidance underway. Compliance calendar set for your jurisdiction.
Week 2
Open for business
You're operational in a new market. Without a single trip to a government office.
G2 Reviews
Rated by the teams using it
Scores from finance and legal leads handling compliance globally.
Entity Management
#1 Ranked9.6/ 10Set up your entity and keep it in good standing. Filings, records, and renewals tracked in one place.
Corporate Tax & Compliance
Top Rated9.1/ 10Every tax deadline on one calendar. Corporate returns and statutory filings handled without the back-and-forth.
Sales Tax & VAT/GST
Commenda Leads9.4/ 10Register for VAT, GST, and sales tax in every country you operate in, and manage it all in one place.
Bulgaria resources
Everything you need for your Bulgaria operations
Detailed guides on tax, compliance, and business structure in Bulgaria.
- Incorporation
How to Incorporate in Bulgaria
OOD vs. AD, Commercial Register process, capital requirements, and incorporation timelines.
Read guide - Tax Guide
Corporate Taxes in Bulgaria
Flat 10% corporate tax, VAT obligations, dividend withholding tax, and NRA filing requirements explained.
Read guide - Compliance
Annual Compliance Calendar for Bulgaria
Every NRA and Commercial Register filing deadline your Bulgaria entity needs to meet.
Read guide - EU Expansion
Using Bulgaria as Your EU Entry Point
How a Bulgaria OOD provides single market access, EU VAT numbers, and the bloc's lowest effective tax burden.
Read guide
FAQ
Common questions
No. Bulgaria imposes no residency requirement for directors or managers of an OOD. Foreign nationals can hold all management positions without needing to relocate or appoint a local representative. This makes Bulgaria one of the most accessible EU jurisdictions for fully remote management.
Yes. Bulgaria permits 100% foreign ownership of an OOD with no local partner requirement. Foreign nationals and foreign-incorporated entities can hold all shares and occupy all management positions. There are no restrictions on profit repatriation or dividend distribution, subject to 5% withholding tax unless a tax treaty reduces the rate.
Bulgaria's 10% flat corporate income tax is the lowest in the European Union. For comparison, Ireland charges 12.5%, Hungary 9% (but with more restrictions), and most Western European members charge 19% to 25%. Unlike offshore jurisdictions, Bulgaria is an EU member state with full OECD cooperation, double tax treaty network of over 60 countries, and access to EU directives including the Parent-Subsidiary Directive for dividend flows.
VAT registration becomes mandatory once annual taxable turnover exceeds BGN 100,000. The standard VAT rate is 20%. Registered businesses must file monthly VAT returns with the National Revenue Agency. Companies trading with other EU businesses will use the EU's intra-community VAT system. Voluntary registration before the threshold is available and often advisable for B2B companies to reclaim input VAT from early-stage costs.
Join hundreds of international businesses growing fast with Commenda
Tell us where you're expanding and we'll scope the requirements, handle the filing, and keep your entity compliant, usually within 24 hours of kickoff.
