Bulgaria – Low Tax Residency


Apply Tax Residency in Bulgaria

Bulgaria boasts the lowest corporate and personal income tax rates among all European Union member states. The corporate tax is fixed at 10% flat rate. The personal income tax is only 10 % regardless of the amount one earns. The health and pension contributions are the lowest within the whole European Union. Bulgaria has Double Taxation Treaties with 68 countries all over the world.
The banking system in Bulgaria is modern and fiscally sound. 100% of all deposits up to EUR 100,000 are guaranteed by the government. Credit interest rates are low, and they are expected to go even lower in the near future. Some of the biggest EU banks are represented in Bulgaria. The perfect organization of E-banking should be considered.

Bulgaria ranks 38th in the World Bank’s Ease-of-Doing-Business index climbing 14th places for one year from 52nd in 2014; higher than all other Eastern European countries members of the European Union. Bulgaria also places 28th on the Economic Freedom of the World index; outperforming the Netherlands and South Korea. Company incorporation in Bulgaria takes only 3 days.



  • Bulgarian ID -card
  • Assistance preparing the required set of application documents
  • 12 months attested lease agreement and preparing the required set of application documents
  • Opening of a personal bank account


  • Fill and send the order form on www.novasigma.com or schedule a meeting with the Novasigma representative
  • Schedule time and date for visit in Bulgaria to lodge application personally, to be photographed and for opening a personal bank account with Novasigma
  • The ID card is issued within 3 working days after your visit and delivered by courier service to your home address

PRICE – 1,500 EUR (VAT 0%)


  • Legal services + 250€/h
  • Medical insurance for non-EU citizens + 99 EUR
  • European Health Insurance Card (EHIC) + 50 EUR
  • Rental agreement provided by Novasigma +750€ year (Renewal of the attested lease agreement after first year + 750€ year)



Proof of accommodation – deed or lease agreement; The company will prepare an agreement for the landlord, can introduce few real-estate companies and will also get a notary to attest the agreement. The rental agreement can also be prepared and provided by our local law firm. The client is not required to rent a real-estate.

Proof of sufficient funds – bank reference issued by a Bulgarian bank stating that you have sufficient funds to support your stay in Bulgaria without relying on the Bulgarian social system; It is required to deposit 2000-2500 EUR into client’s Bulgarian bank account as proof that the person will not rely on Bulgarian social system. Once the bank issues a reference letter confirming that the funds are present, it is possible to withdraw that money.

Health insurance – this requirement can be satisfied by presenting EHIC card (European Health Insurance card) or by purchasing a health insurance from a local or international insurance company. Insurance has to be valid for at least 12 months and cover personal injuries for the amount of at least 30,000 EUR

Apply Bulgarian Residency with Novasigma

Please fill the form below to start the process with us.

News and Business opportunities in Bulgaria

  • Bulgaria - Accounting from 600€/year
  • How to obtain tax residency from bulgaria
    Bulgaria - Low Tax Residency from 1.500€
  • TOP 50 Countries to Move for Young Up-Coming Self-Made Millionaires

Novasigma provides international accounting services, company formation services, legal, business and tax advisory services | Terms of Use & Terms of Business | © 2016 NOVASIGMA Global - Accounting & Law Cooperative ("NOVASIGMA LIMITED"). Member firms of the NOVASIGMA Global - Accounting & Law network of independent firms are affiliated with NOVASIGMA Global - Accounting & Law. NOVASIGMA Global - Accounting & Law provides no client services. No member firm has any authority to obligate or bind NOVASIGMA Global - Accounting & Law or any other member firm vis-à-vis third parties, nor does NOVASIGMA Global - Accounting & Law have any such authority to obligate or bind any member firm. Independent registered advisers, lawyers and accountants are not owned by, affiliated with or supervised by Novasigma or its affiliates. Novasigma provides custody, trading and operational support services for advisers, lawyers and accountants. Not all products and services available through Novasigma and its affiliates are available through advisers, lawyers or accountants. Registration does not imply a certain level of skill or training. Depending on jurisdiction there might be eligibility requirements to work with a dedicated Financial Consultant, Lawyer or Accountant. Wealth management, accounting, audit and legal services refers to products and services available through the operating subsidiaries of the Novasigma Corporation of which there are important differences including, nut not limited to, the type of advice and assistance provided, fees charged, and the rights and obligations of the parties. It is important to understand the differences when determining which product and/or services to select. Novasigma provides a full range of business, financial, banking and tax advisory, accounting and legal services through its operating subsidiaries.

All rights reserved. NOVASIGMA is a trademark of SilverFox & Co. Inc. Online services by NOVASIGMA LIMITED - Suites 41/42, Victoria House 26 Main Street, Gibraltar GX11 1AA.

Latvijas Pasta Bank
NTL Immigration
CM Asesores
Blue Orange Bank