What is the corporate tax rate in Bulgaria vs Spain?

Bulgaria charges a flat 10% flat corporate tax. Spain charges 25% (23% for small companies).

How much share capital do you need in Bulgaria vs Spain?

Bulgaria requires only BGN 2 (≈ €1) of share capital. Spain requires €1 (SL, with reserve requirement).

How long does it take to register a company in Bulgaria compared to Spain?

Bulgarian companies are typically registered in 3-7 business days. In Spain, expect 3-6 weeks.

Why do EU founders choose Bulgaria over Spain?

10% corporate tax versus 25%, and 5% dividends versus a progressive 19% to 28% savings scale No monthly autónomo quota payable whether or not you earn Modelo 303, 349, 390 and 347 filing load replaced by a much lighter Bulgarian VAT and annual cycle Bulgaria has no wealth tax; several Spanish regions still levy one plus the solidarity tax on large fortunes Registration measured in days rather than weeks of NIE, notary, and Registro Mercantil steps

When is Spain the better jurisdiction than Bulgaria?

If you qualify for the Beckham regime as a newly arrived employee in Spain If your revenue is genuinely Spanish-market and consumer-facing

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Jurisdiction comparison · 2026

Bulgaria 🇧🇬 vs Spain 🇪🇸: Where Should EU Founders Incorporate in 2026?

Spain layers corporate tax, a progressive dividend scale, autónomo quotas, and in some regions a wealth tax. Bulgaria charges 10% and 5% with none of the regional surprises.

Head-to-head

	Bulgaria 🇧🇬	Spain 🇪🇸
Corporate tax	10% flat	25% (23% for small companies)
Dividend tax	5%	19% to 28% savings-income scale
VAT rate	20% (0% intra-EU B2B)	21% IVA
Min. share capital	BGN 2 (≈ €1)	€1 (SL, with reserve requirement)
Setup time	3-7 business days	3-6 weeks
EU membership	Yes (since 2007)	Yes (1986)
Social contributions	~32% (capped at BGN 4,130/mo)	~31% employer plus autónomo monthly quota

Why Bulgaria wins

10% corporate tax versus 25%, and 5% dividends versus a progressive 19% to 28% savings scale
No monthly autónomo quota payable whether or not you earn
Modelo 303, 349, 390 and 347 filing load replaced by a much lighter Bulgarian VAT and annual cycle
Bulgaria has no wealth tax; several Spanish regions still levy one plus the solidarity tax on large fortunes
Registration measured in days rather than weeks of NIE, notary, and Registro Mercantil steps

When Spain is the better pick

If you qualify for the Beckham regime as a newly arrived employee in Spain
If your revenue is genuinely Spanish-market and consumer-facing

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