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Bulgaria

Bulgaria offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

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Bulgaria

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10% Corporate Tax

Tax rate applied to profits of incorporated companies.

A 10% flat corporate tax - one of the lowest in the EU - makes Bulgaria a strategic hub for businesses aiming for maximum capital efficiency and growth.

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37% Achievement on SNS #1: Fast Startup Score

Efficiency of starting a business and administrative support.

Bulgaria streamlines the path for entrepreneurs with efficient digital registration and strong administrative support, fostering a vibrant startup culture.

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3% GDP Growth in 2025

Annual real GDP growth rate forecast.

Bulgaria’s economy is on a firm growth trajectory, outpacing many EU peers and signalling strong opportunities for investment and expansion.

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67% on SNS #6: Access to Finance Score

Availability of public and private funding for startups.

Bulgaria's mature financial landscape, including a resilient network of public and private funding, provides growing opportunities for startups to secure capital.

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€9.30/hr Labour Cost

Average hourly labour cost in 2023.

Benefit from a highly skilled and cost-competitive workforce. Bulgaria's low labour costs provide a significant operational advantage for any business.

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61st on Ease of Doing Business Ranking

Measures regulatory performance for operating a local firm.

Bulgaria offers a straightforward and business-friendly regulatory environment, making it simple to navigate procedures and focus on core operations.

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10% Personal Income Tax Rate

A flat tax rate on personal income.

With a simple and highly competitive 10% flat tax, Bulgaria offers one of Europe's most attractive tax regimes, maximising your personal earnings and financial growth.

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30th in European Health Index

Overall measure of national health system performance.

Bulgaria provides comprehensive and accessible healthcare services, supported by ongoing reforms aimed at enhancing quality and patient outcomes.

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75th on Global Cost of Living Rank

Measures relative costs of goods and services.

Experience an exceptional quality of life with one of the lowest costs of living in Europe, allowing for greater financial freedom and purchasing power.

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2.6% Annual Inflation Rate

Measures the change in consumer prices over time.

With inflation normalising to low levels, Bulgaria's economy ensures price stability, protecting consumer purchasing power and business planning.

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28% on Digital First Score

Measures the digital-by-default availability of key public services.

Bulgaria is advancing its digital transformation, increasingly offering online public services to enhance efficiency for citizens and businesses alike.

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76.8% Working-Age Employment Rate

Percentage of population aged 20-64 that is employed.

Bulgaria's strong and rising employment rate highlights a resilient economy and a wealth of opportunities within its growing job market.

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85th on Global Happiness Rank

Evaluates national wellbeing and overall life satisfaction.

With its beautiful landscapes, rich cultural heritage, and growing opportunities, Bulgaria offers a unique and fulfilling living experience.

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29th in Global Security Index

Assesses national peacefulness, safety, and security levels.

As a member of the EU and NATO, Bulgaria offers a safe and stable environment, ranking in the top quartile for global peacefulness and security.

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Embassies and Consulates of Bulgaria

Find Bulgaria's missions, visa services, and residence permit information via the Ministry of Foreign Affairs’ official consular pages.

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Entry for EU Citizens

EU citizens can enter Bulgaria with a valid passport or ID card and do not need a visa.

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Entry for Non-EU Citizens

A foreigner may enter the Republic of Bulgaria if he/ she is a holder of a regular foreign travel document or another equivalent document as well as a visa if required.

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Startup Visa

The Bulgarian startup visa is a certificate for high-tech or innovative projects that allows non-EU entrepreneurs to apply for a long-term residence permit in Bulgaria.

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