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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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Corporate Tax Rate 10% (2025)

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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ESNA SNS#1: Fast Startup Creation Score 79% (2025)

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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GDP Growth 3% (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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ESNA SNS#6: Access to Finance Score 56% (2025)

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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Economic Sentiment Indicator (ESI) 100.6 (2026)

A snapshot of business and consumer confidence.

The Economic Sentiment Indicator (ESI) measures overall confidence in the economy by combining survey results from consumers and key sectors such as industry, services, retail, construction, and (where available) financial services.

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Labour Cost €9.30/hr (2023)

Average hourly labour cost in 2024.

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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Top Personal Income Tax Rate 10% (2025)

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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Euro Health Consumer Index Score 30th (2026)

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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Global Cost of Living Rank 85th (2026)

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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Global Happiness Rank 85th (2024)

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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Global Peace Index 29th (2025)

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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Working-Age Employment Rate 76.8% (2026)

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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ESNA SNS#8: Digital First Score 49% (2025)

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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Annual Inflation Rate 3.5% (2026)

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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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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