Civil law

Contract of employment, contract for services, shareholders’ resolution, management contract, etc.

Social insurance

Bulgarian regulations on social insurance are applicable for work performed in the country. EU Regulations on the coordination of social security systems have to be observed. Contract of employment or contract for services: social and health insurance.

Income tax

10 % flat-rate taxation

VAT

Work permit

For general managers from EU no work permit is required

For self-employment of EU residents, no work permit is required

Residence permit / Settlement permit

Liability

In case of acting in bad faith, e.g. with respect to employer’s and corporate taxes, delay in declaring insolvency, in case of insolvency generally with respect to all non-paid public liabilities.

Minimum remuneration

BGN 1 077 (EUR 551) per month (as of 01.01.2025)