Company formation in Bulgaria
EOOD / OOD
Legal minimum, year 1£155
Legal minimum, per year after£50
Typical year 1£1,310
Corporation tax10%Ease Banking
Every fee
Setting up
Government fee£25
About €28 online registryNotary signature certification£30 to 90
Required
Registered address£50 to 200
Required
Lawyer or agent£0 to 400
Optional
Power of attorney, translation, apostille (remote)£0 to 250
Optional
Share capital€1
Time to form1 to 2 weeks
Running it, per year
Registered address£50 to 200
Required
Accountant£0 to 1,300
Practically needed
Legal minimum after year 1£50
Audit: Exempt below thresholdsForeign ownersNo resident directorRemote via power of attorney
Tax10% flat, lowest in the EUDividend withholding: 5% (10% proposed; sources conflict)VAT/GST: 20%
BankingLocal banks usually want one visit
Euro adopted 1 Jan 2026. Dividend tax: some sources say it rose to 10% in 2026, others that the 2025 budget was extended at 5%. Confirm with the National Revenue Agency.
Questions
- How much does it cost to set up a company in Bulgaria?
- The legal minimum for the first year is £155, counting only what the law requires and doing every filing yourself. A typical first year, with an accountant, costs about £1,310. The government fee is £25 (About €28 online registry). Share capital is not included.
- How much does it cost per year to run a company in Bulgaria?
- The legal minimum after the first year is £50 a year. Running costs including optional and practically needed services range from £50 to 1,500. Audit: Exempt below thresholds.
- Do I need a local director in Bulgaria?
- No. No resident director.
- Can a non-resident form a company in Bulgaria remotely?
- Yes. Remote via power of attorney.
- What is the corporation tax rate in Bulgaria?
- 10% flat, lowest in the EU. Dividend withholding: 5% (10% proposed; sources conflict). VAT/GST: 20%.
- How long does it take to form a company in Bulgaria?
- 1 to 2 weeks.
Elsewhere in Europe
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