Your AI CFO for Bulgaria.

Corporate Income Tax (Bulgaria)

Bulgarian Corporate Income Tax is a flat 10% on company profits — the lowest in the European Union (tied with Hungary at 9%). Applied uniformly to all Bulgarian-resident companies regardless of size. Filed annually via Form 1010A with the National Revenue Agency (NRA).

VAT (Bulgaria)

Bulgarian VAT is a 20% standard rate (with a 9% reduced rate on books, baby food and tourism services). Mandatory registration at BGN 100,000 (€51,000) annual turnover. Returns filed monthly via the NRA portal, due by the 14th of the following month.

OOD (ООД) — Limited Liability Company

An OOD (Ограничена отговорност дружество) is a Bulgarian limited liability company with two or more shareholders. Minimum share capital BGN 2 (€1). Owners are not personally liable for company debts beyond their share capital. Most common entity type for SMEs in Bulgaria.

EOOD (ЕООД) — Single-Shareholder LLC

An EOOD (Еднолично ограничена отговорност дружество) is a single-shareholder Bulgarian limited liability company. Minimum share capital BGN 2. Used by solo founders. The 'Е' (E) prefix denotes 'едно' (single). Same tax and compliance regime as OOD.

AD (АД) — Joint-Stock Company

An AD (Акционерно дружество) is a Bulgarian joint-stock company. Minimum share capital BGN 50,000 (€25,565). Used for larger businesses, those wishing to issue shares publicly, or those with multiple investors requiring share-class flexibility. Equivalent to a UK PLC or Irish PLC.

Trade Register (Търговски регистър)

The Bulgarian Trade Register is the public registry of companies and traders, maintained by the Registry Agency (BRRA). All Bulgarian companies must register, file annual financial statements, and update beneficial ownership information.

Yes — office rent and utilities are fully deductible against Bulgarian Corporate Income Tax. VAT (20%) recoverable on input invoices from Bulgarian VAT-registered landlords; reverse charge applies for cross-border services.

Yes — employee gross salaries and the employer's portion of social insurance (~19%) are fully deductible against Bulgarian Corporate Income Tax. Personal income tax (10%) and employee social insurance are deducted from gross at source.

Partially — Bulgarian Corporate Income Tax allows representation expenses as deductible but they are subject to a separate tax on expenses (Article 204 CITA) of 10%. Effectively, you can deduct but pay 10% extra tax on the expense itself.

Yes — fees paid to accountants, lawyers, tax advisors and other professionals for the business are fully deductible against Corporate Income Tax. VAT recoverable on input invoices.

Yes — SaaS subscriptions used in the business are fully deductible against Corporate Income Tax. VAT (20%) recoverable on Bulgarian-supplied software; reverse charge applies for non-EU and EU supplies of digital services.

Yes — domestic and international business travel is deductible against Corporate Income Tax. Per diems (daily allowances) are tax-free up to statutory limits when travelling on business.