Open a Company in Bulgaria as a French Citizen: Step-by-Step, Low Taxes, and EU Freedom

French entrepreneurs are increasingly turning to Bulgaria for its ultra-low 10% flat corporate tax rate—the lowest in the EU—combined with seamless company registration for EU citizens like you. As a French national, you benefit from full freedom of establishment under EU rules, allowing 100% foreign ownership, remote setup, and no visa hurdles for business activities. This 2026 guide breaks down the process, costs, tax perks, and practical tips to get your Bulgarian firm live in days.

Why Choose Bulgaria?

Bulgaria stands out for French founders seeking tax efficiency and EU market access. With a flat 10% corporate income tax on profits, you’ll keep more earnings compared to France’s 25%+ effective rates, plus no wealth tax or dividend restrictions for EU residents. EU freedoms mean you can operate across the Single Market without customs barriers, while Bulgaria’s strategic location bridges Western Europe and emerging markets.

Setup is foreigner-friendly: no minimum stay required, and remote registration via proxy is standard. Costs are low—around €500-€1,500 total—versus €3,000+ in France. English and French-speaking consultants in Sofia make it hassle-free.

Eligibility for French Citizens

As an EU citizen, you face zero restrictions. You can own 100%, serve as director, and manage remotely without residency or work permits. Non-EU partners are also welcome with apostilled documents. This aligns with EU Directive 2006/123/EC on services freedom, ensuring equal treatment.

No Bulgarian language test or local presence needed. French passports are accepted as-is for ID verification.

The EOOD (sole-member LLC) suits solo French entrepreneurs: minimum capital €2 (about 4 BGN), full liability protection. OOD (multi-member LLC) works for partnerships, same low capital. Both register in 3-7 days.

Company TypeMin. CapitalOwnersBest For French Founders
EOOD (Sole LLC)€21 (you)Freelancers, e-commerce, holding cos. 
OOD (Multi LLC)€22+Partnerships with French/EU partners 
AD (Joint Stock)€70,500+Public/privateLarger ventures, IPO potential 

Avoid branches if planning full operations—they lack tax perks.

Sofia’s modern skyline symbolizes Bulgaria’s business boom, attracting French investors with its EU-compliant hubs.

Step-by-Step Registration Process

Follow these six streamlined steps, doable remotely from Paris.

Step 1: Reserve Company Name

Search and reserve your name (e.g., “Paris-Bulgaria SARL EOOD”) via the Commercial Register portal (portal.registryagency.bg). Free, instant approval if unique. Takes 1 day.

Step 2: Prepare Documents

Draft Articles of Association (statutes), manager declaration, and notarized specimen signature. For remote setup:

  • Notarized power of attorney (apostilled via Hague Apostille—easy for France).
  • Passport copy.
  • Proof of no bankruptcy.
    French notaries handle apostilles quickly.

Step 3: Deposit Capital

Open a Bulgarian bank account (e.g., UniCredit Bulbank, DSK—many have French support). Deposit €2+; get certificate. Remote via video ID possible in 2026.

Step 4: File with Commercial Register

Submit online or via lawyer: application, docs, bank cert. Fees: €40-€100. Approval in 3-5 days; get EIK (VAT number equivalent).

Step 5: VAT and Tax Registration

Auto-assigned EIK acts as VAT ID. Voluntary VAT if turnover <€25,000. Register at NRA.bg for social security if hiring.

Step 6: Post-Registration Essentials

  • Legal address: Rent virtual office (€50/month in Sofia).
  • Accounting: Outsource for €100/month.
  • Bank corporate account: Fully operational.
    Total time: 5-10 days. Use firms like yours for turnkey service.

Tax Advantages Breakdown

Bulgaria’s regime crushes French taxes for most businesses.

  • Corporate Tax: 10% flat on profits (vs. France 25%). No surcharges.
  • Dividends: 5% withholding to French residents (double-tax treaty reduces it).
  • VAT: 20% standard (9% hospitality), reclaimable EU-wide.
  • Social Contributions: 32-34% on salaries, but low minimum wage (€500/month).
  • No: Wealth tax, exit tax on shares, or CFC rules for active income.

Example: €100,000 profit? Pay €10,000 tax vs. €28,000+ in France. Reinvest savings EU-wide.

Costs Overview

ItemCost (EUR)Notes
Registration Fees50-150Commercial Register 
Notary/Apostille100-300Remote from France 
Legal/Consulting300-800Optional but recommended 
Virtual Address50/monthSofia compliant 
Bank Setup0-50Free for basics 
Total Startup500-1,500Vs. €5,000+ in France

Annual: €1,200 accounting + address.

Bank Accounts and Funding

Top banks: UniCredit (French-owned), Postbank, First Investment. Remote opening via eIDAS-compliant video. SEPA transfers instant EU-wide. Crypto-friendly fintechs emerging.

Living and Operating in Bulgaria

No visa needed for 90/180 days; D visa or residency for longer via company. Sofia: Affordable (€1,500/month lifestyle vs. €3,000 Paris), French schools, direct flights (2.5h). Black Sea coast for lifestyle balance.

Hire locals cheaply; English widespread in business.

Common Pitfalls and Tips

  • Use Bulgarian lawyer for compliance—avoids rejections.
  • Get virtual office immediately (mandatory).
  • Plan VAT if trading EU.
  • Double-tax treaty: Declare French income carefully.
    Pro tip: Start with EOOD for testing; scale to OOD.

Next Steps for You

Contact a specialist like your firm for remote setup. Bulgaria offers French founders an EU tax haven with zero barriers—launch today and slash taxes legally. Ready to proceed? Download templates or book a call.

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