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🇧🇬 Bulgaria

Work & Business

Bulgaria has a growing and internationally engaged tech sector, anchored in Sofia by companies like Telerik (Progress Software), Acronis (HQ in Sofia), and numerous outsourcing and product companies. The EOOD (LLC) structure with 10%/5% tax is the go-to for digital nomads and entrepreneurs.

~14.5% effective

EOOD Tax Rate

10% CIT + 5% dividend — lowest in EU

Coworking Bansko, Betahaus Sofia

Top Coworking

Bansko from €65/mo; Sofia from €130/mo

100–300 Mbps fibre

Internet (Sofia/Bansko)

€13–€15/mo — EU's best value

EET/EEST

Time Zone

UTC+2/+3; full European business hour overlap

10% flat

Corporate Tax

Lowest in the EU

Sofia

Tech Hub

Telerik/Progress, Acronis HQ, growing startup scene

Overview

Bulgaria has a growing and internationally engaged tech sector, anchored in Sofia by companies like Telerik (Progress Software), Acronis (HQ in Sofia), and numerous outsourcing and product companies. The EOOD (LLC) structure with 10%/5% tax is the go-to for digital nomads and entrepreneurs. Bansko's Coworking Bansko is one of Europe's most community-driven coworking spaces. Internet infrastructure is among the EU's best and cheapest.

Key Takeaways

  • Coworking Bansko: founded 2016; the original Bansko nomad community hub; monthly membership from €65; community events (ski days, hikes, Balkan Explorer trips, networking dinners); co-living options available
  • EOOD formation: register at the Commercial Register (Търговски Регистър — brra.bg); minimum capital 2 BGN (~€1); typically 1–3 business days via Trade Register; formation cost €100–€300 including notary
  • Average net monthly salary: approximately €900–€1,100 in Sofia; €600–€800 nationally (2026 estimates based on rising trend)
  • Fibre coverage: available in Sofia, Plovdiv, Varna, Burgas, and — crucially — in Bansko; speeds routinely 100–500 Mbps
1

Remote Work and Digital Nomad Infrastructure

Bulgaria has one of Europe's most developed digital nomad infrastructures relative to its size — anchored by Coworking Bansko but with growing community in Sofia and Plovdiv.

  • Coworking Bansko: founded 2016; the original Bansko nomad community hub; monthly membership from €65; community events (ski days, hikes, Balkan Explorer trips, networking dinners); co-living options available
  • Betahaus Sofia: part of the global Betahaus chain; excellent community; regular events; one of Sofia's best spaces
  • Campus X (Sofia Tech Park): premium coworking and office space; large multinational community; some of Bulgaria's fastest internet
  • Time zone (EET/EEST = UTC+2/+3): full overlap with all European clients; 7 hours ahead of US East Coast
  • Online nomad communities: 'Bansko Nomads', 'Sofia Expats', 'Digital Nomads Bulgaria' on Facebook; active Slack workspaces
  • Internet speed: 100–300 Mbps fibre at €13–€15/month is genuinely among the best value in the EU; virtually no dropouts reported by nomads in Sofia or Bansko
2

Setting Up a Business in Bulgaria',

Bulgaria's EOOD (single-member LLC) is the most tax-efficient company structure in the EU for individual business owners.

  • EOOD formation: register at the Commercial Register (Търговски Регистър — brra.bg); minimum capital 2 BGN (~€1); typically 1–3 business days via Trade Register; formation cost €100–€300 including notary
  • 10% corporate income tax on profits — flat, no bands, no exceptions for SMEs
  • 5% dividend withholding tax on distributions to the owner — combined effective rate ~14.5%
  • VAT: 20% standard; mandatory registration above 100,000 BGN (~€51,000) annual turnover; services to non-EU clients are zero-rated (no VAT)
  • A local accountant is essential: typically €50–€150/month; NomadTax Bulgaria and other specialist expat-focused firms offer English-language services
  • Company formation can be done online from abroad using a power of attorney; a local lawyer (~€200–€400) can handle the process
  • Sole trader (ЕТ, Едноличен Търговец): simpler structure; unlimited personal liability; used by some freelancers; less flexible than EOOD for tax planning
3

Working for Bulgarian Employers

Bulgaria's tech sector has strong international connections and competitive regional salaries.

  • Average net monthly salary: approximately €900–€1,100 in Sofia; €600–€800 nationally (2026 estimates based on rising trend)
  • IT sector: senior developers €1,500–€3,000/month net in Sofia; Bulgaria exports significant tech talent to Germany, the Netherlands, and the UK
  • Key employers: Progress Software (Telerik), Acronis (HQ in Sofia), Chaos Group (V-Ray creator), Musala Soft, Scalefocus, and many outsourcing companies
  • Remote work for non-Bulgarian employers: very common; many Sofia professionals work entirely for EU companies while living in Bulgaria
  • Job platforms: LinkedIn (most active), Jobs.bg, DevBg.com for tech roles, Karieri.bg for general positions
  • Working as an EU citizen: free to work for any Bulgarian employer without a permit; social security contributions mandatory as employee
4

Internet and Tech Infrastructure',

Bulgaria's internet is the key practical advantage for remote workers — EU-quality speeds at developing-world prices.

  • Fibre coverage: available in Sofia, Plovdiv, Varna, Burgas, and — crucially — in Bansko; speeds routinely 100–500 Mbps
  • Price: 100+ Mbps fibre from €13–€15/month — roughly 3–5× cheaper than equivalent speeds in Germany, France, or the UK
  • Mobile internet: A1 Bulgaria, Vivacom, and Yettel Bulgaria all provide 4G/5G coverage in urban areas; good 4G coverage in Bansko and ski areas
  • VPN: no restrictions in Bulgaria
  • Power reliability: good in Sofia; minor outages during summer storms in some areas; rare in Bansko
  • E-government: improving via e-services.egov.bg; company registration, tax filing, and some government services available digitally

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