Other taxes in Bulgaria

Corporate tax on the annual taxable profit (loss)

• The profit of local legal entities.
• The profit of local legal entities, which are not traders, including organizations of religions, from transactions under Article 1 of the Commerce Act, as well as from leasing movable and immovable property.
• The profit of foreign legal entities from a permanent establishment in the Republic of Bulgaria.
• The  foreign legal entities that carry out economic activity in the country from a permanent establishment.
• The  foreign unincorporated associations, which carry out economic activity in the country from a permanent establishment.

Bulgaria Property Tax

The rate of tax on real estate that is not used for residential purposes is 0.15%. The tax rate on residential buildings is according to the provisions specified in the local tax laws.

Personal income tax

• Labor relations.
• Other economic activity.
• Rent or other provision of rights or property to be used against consideration.
• Transfer of rights or property.
• Income from other sources.

The amount of the tax on the total annual base is calculated by multiplying this base by a 10 per cent fiscal rate.

Bulgaria Transfer Tax

The tax is levied on transfer of real estate and vehicles.The tax rates are 2%-4%.

Bulgaria Inheritance Tax

Inheritance Tax is levied on individuals inheriting Bulgarian property. The tax rate is 0.7% for close relatives,up to 10% for non close relatives. There are exemptions for property valued under BGN 250,000.