Welcome to ASB Accounting Services Bulgaria – your trusted partner for accounting, tax, and business services in Bulgaria!
👉 What are Double Taxation Treaties?
Let’s talk about double taxation treaties — something many foreigners worry about when doing business or working abroad. Double taxation happens when two countries tax the same income — for example, Bulgaria and your home country.
To avoid this, Bulgaria has signed Double тaxation Treaties (DTTs) with many countries. These agreements prevent income from being taxed twice and allow you to benefit from:
- Tax exemptions
- Tax credits
- Lower withholding tax rates
This is a great way to optimize your tax liabilities and legally reduce the taxes you pay.
🌍 Which Countries Have Treaties with Bulgaria?
Bulgaria has treaties with over 70 countries. Some of the key ones include:
- The United Kingdom
- The United States
- Germany, France, Italy, Spain and most of the EU
- Canada, Australia, Switzerland, China, India, UAE and many more
These treaties cover different types of income — like dividends, interest, royalties, employment income, and business profits.
✅ How to Claim Treaty Benefits?
- Get a tax residency certificate from your home country — this proves where you are a tax resident.
- Submit it to the Bulgarian tax office, usually with your tax return.
- Sometimes, you’ll also need to complete a specific application form, depending on the type of income.
⚠️ It’s important to follow the correct procedure and submit everything on time. Missing paperwork could delay or cancel your treaty benefits.
That’s where we come in — at ASB Accounting Services Bulgaria, we can help you navigate this process and make sure you benefit fully from the treaty between Bulgaria and your home country. Contact us today!
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