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Bulgarian Income Taxes
  Bulgarian Income Taxes
  Investor Program for Residence and Citizenship in Bulgaria

Income Taxes in Bulgaria

INCOME TAXES

  • An individual in Bulgaria is liable for tax on his income as an employee as well as on income as a self-employed person. In the case of an individual who answers the test of a "permanent resident" of Bulgaria, tax will be calculated both on his income earned in Bulgaria and overseas. A foreign resident who is employed in Bulgaria pays tax only on his income in Bulgaria.
  • To be considered a Bulgarian resident, the requirements must be met of residency in Bulgaria of at least 183 days in any calendar year, and occasionally also if residency is less than 183 days, if the individual has a home in Bulgaria that is his main residence, he will be considered a Bulgarian resident.
  • An employer is obligated to deduct the income tax payable as well as national insurance, immediately each month from a salary paid to an employee.
  • Certain payments are deducted from taxable income as detailed below.

INDIVIDUAL TAX TABLE

TAXATION BRACKET INCOME (BGL)
0 to 1,320
15% 1,321 - 1,800
22% 1801 - 3,000
26% 3,001 - 7,200
29% 7,201 and above
Investor Program for Residence and Citizenship in Bulgaria

Invest Bulgaria Charts
Real GDP Growth of Bulgaria
Real GDP Growth of Bulgaria

Tax Revenue of Bulgaria as Percent of GDP
Tax Revenue of Bulgaria as Percent of GDP

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Did You Know?
Vitosha National Park, located right next to Sofia, offers endless options for recreation ... More

Haskovo municipality is located in the central part of Southern Bulgaria and occupies the most western part of Haskovo county. It is located on a territory of 737 square meters, which is 13% of the territory of Haskovo county.  Its geographic location is extremely favorable and important.

Country Snapshot
GDP 2009 € 33.87 B
Inflation 1.8%
Unemployment 10.3%
GDP growth rate, Q4 '09* -5.9%
FDI 2008 6,16 B

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