Welcome to ASB Accounting Services Bulgaria – your trusted partner for accounting, tax, and business services in Bulgaria!
For more expert tips on doing business in Bulgaria, like, share, and subscribe to stay updated on the latest business and tax strategies!
If you’re a foreigner living in Bulgaria and need to prove your tax residency as an individual, this video is for you. Whether for tax purposes in your home country or to benefit from Bulgaria’s low taxес, obtaining a Bulgarian Tax Residency Certificate is essential.
Let’s break down the key requirements and how to prove your tax residency status.
Why Do You Need a Bulgarian Tax Residency Certificate?
A Tax Residency Certificate is an official document issued by the Bulgarian National Revenue Agency (NRA) confirming that you are considered a tax resident of Bulgaria.
You may need this certificate to:
- Avoid double taxation under Bulgaria’s tax treaties
- Prove you are subject to Bulgaria’s low personal income tax instead of higher rates abroad
- Provide proof to foreign tax authorities, banks, or financial institutions
Who Qualifies as a Bulgarian Tax Resident?
To be considered a tax resident of Bulgaria, you must meet at least one of the following conditions, but keep in mind that often both of them are required to make the process of receiving a Bulgarian tax residency certificate smoother
Spent more than 183 days in Bulgaria within 12 months. Or prove Your “Center of Vital Interests” is in Bulgaria.
Here are some options on how to prove your center of vital interest
- With Permanent Address & Accommodation such as Owning real estate in Bulgaria or Long-term rental agreements registered in Bulgaria
- With Employment or Business Ties such as Having a full-time employment contract with a Bulgarian company, Owning or managing a Bulgarian company, or Being self-employed and paying social security contributions in Bulgaria
- With Financial Ties such as Holding Bulgarian bank accounts, Taking loans or mortgages from Bulgarian financial institutions, or Receiving income primarily from Bulgarian sources
- With Family & Social Life such as Having family members (spouse, children) residing in Bulgaria,
- With Healthcare & Insurance such as Having Bulgarian health insurance or Regular medical checkups or treatments in Bulgaria
- With Other Supporting Evidence such as Bulgarian utility bills (electricity, water, internet, etc.) in your name, Registered vehicle ownership in Bulgaria, Holding a Bulgarian driver’s license, Bank statements proving that you were shopping in Bulgaria
Important Notes
Your home country’s tax office may require additional proof of your Bulgarian tax residency, such as:
- Bulgarian tax payment records
- Additional affidavits or declarations from the NRA
Now you can prove your Bulgarian tax residency and obtain your Tax Residency Certificate!
If you need personalized assistance, ASB Accounting Services Bulgaria is here to help. Don’t forget to like, subscribe, and hit the bell for more tips in Bulgaria!