Setting up a company (EOOD) in Bulgaria as a foreigner (2026)
In short: minimum capital €1; Commercial Register fee €28.12 online or €56.24 on paper; 3–7 working days (7–14 from abroad). Corporate tax 10%, dividends 5% (final tax, Article 46(3) of the Personal Income Tax Act); VAT registration above €51,130 turnover. Double-entry bookkeeping is mandatory.
Steps: check the name, draft the founding act, notarise the manager's consent, open a capital-raising account (often the hardest step for foreigners, €150–460), file form A4, get your UIC. A company alone does not give residence — see the residence check. Non-EU citizens can own land through a company — see buying property.
FAQ
How much does it cost to open a company in Bulgaria?
About €55–65 DIY online; €300–800 with a lawyer.
What is the state fee to register an EOOD in Bulgaria?
The Registry Agency fee is €28.12 for an electronic application and €56.24 on paper (BGN 55 and BGN 110 converted to euro). Notary, address, accountant and lawyer fees are extra.
What is the minimum capital of an EOOD?
€1 (2 BGN at the fixed rate of 1.95583, since Bulgaria joined the euro area on 1 January 2026).
What is the dividend tax in Bulgaria?
A final tax of 5% on the gross dividend (Article 46(3) of the Personal Income Tax Act, in force in 2026), plus 10% corporate tax on the profit. A rise to 10% was proposed in the 2026 draft budget but is not in the current text of the law.
What does EOOD mean?
EOOD stands for «еднолично дружество с ограничена отговорност»: a limited liability company with a single owner. The minimum share capital is €1.
📚 Sources: 3
For information only; not legal advice.
