Quick Answer Bulgaria has one of the most competitive tax systems in the European Union. Corporate income tax and personal income tax are both levied at a flat rate of 10%. Value Added Tax (VAT) applies at 20%, with a reduced 9% rate for specific goods and services. Tax residency, VAT registration, and filing deadlines […]
Quick Answer In Bulgaria, VAT may apply to real estate transactions depending on the type of property and the nature of the transaction. The sale of new buildings and regulated land is generally subject to 20% VAT, while the sale or leasing of old buildings is usually VAT-exempt, unless the seller opts to tax. These […]
Selling property in Bulgaria Basically the tax rate in Bulgaria is 10% for individuals and same for corporations. Unless you are actually working in Bulgaria (legally), you are unlikely to have to pay any tax on a regular basis unless you selling property in Bulgaria at a profit. Here is a quick overview of the tax […]