Taxation in Bulgaria

Taxation in Bulgaria

The overview below is just a summary of the most common taxes and VAT in Bulgaria. For detailed information you can check the websites of the National revenue agency (NRA) and Invest Bulgaria Agency or contact us when you have any further questions.

Corporate tax – 10%
The taxable profit has to be declared before March 31 of the following year.

Personal income tax – 10%

Tax on dividend – 5%
The tax has to be paid within a month after the dividend has been remitted.

VAT – 20%
Companies with activity only in Bulgaria and a yearly turnover of less than 50’000 BGN are not obliged to register for VAT.

VAT Tourism – 9%

Acts
The taxation is organized in the following acts;

–          Corporate Income Tax Act (CITA)
–          Personal Income Tax Act (PITA)
–          Value Added Tax Act (VATA)