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Thinking about starting a business in Europe? Bulgaria offers a flat 10% corporate tax rate, one of the lowest in the EU, making it a prime destination for foreign entrepreneurs looking to maximize profits and minimize tax liabilities.
How Bulgaria’s Tax System Works
In Bulgaria, businesses—whether large or small—pay just 10% corporate tax on their profits. Compared to other European countries like Germany or France, where corporate taxes can exceed 30%, this represents significant savings for entrepreneurs.
Additionally, dividends are taxed at only 5%, allowing business owners to retain more of their earnings.
Why This Matters for Foreign Entrepreneurs
- Higher Profits – Lower tax obligations mean more retained earnings for reinvestment or personal income.
- Simplified Tax Planning – A flat corporate tax rate makes financial management easier, even if you operate your business from abroad.
- Access to the EU Market – Establish your company in Bulgaria and enjoy all the benefits of being in the European Union, including free trade and economic stability.
How to Take Advantage of Bulgaria’s Low Taxes
Setting up a company in Bulgaria is easier than you think. The process is streamlined, and with the right assistance, you can be up and running quickly.
At ASB Accounting Services Bulgaria, we help foreign entrepreneurs establish and manage their businesses while ensuring full compliance with Bulgarian tax laws.
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Bulgaria’s tax system offers an attractive opportunity for entrepreneurs looking to maximize their profits while benefiting from a straightforward and low-tax environment. With a 10% corporate tax rate and a 5% dividend tax, businesses can retain more earnings and reinvest in growth. Additionally, the country’s EU membership provides access to a stable and expansive market.
If you’re considering establishing a company in Bulgaria, now is the perfect time to take advantage of its business-friendly tax policies. ASB Accounting Services Bulgaria is here to guide you through the process, ensuring compliance and smooth operations.
Want to start your business in Bulgaria? Contact ASB Accounting Services Bulgaria for expert guidance on company registration, tax compliance, and financial planning.