Open Company in Bulgaria as Belgian Citizen: 10% Tax Guide

Belgian entrepreneurs are eyeing Bulgaria for its EU-lowest 10% flat corporate tax, allowing fast EOOD setup with €2 capital and complete remote management as an EU citizen. From Brussels or Antwerp, leverage full freedom of establishment, 100% ownership, no visa needs, and Single Market access. This 2026 guide details steps, costs, tax perks under the Belgium-Bulgaria treaty, and tips for Belgian founders.

Why Bulgaria Draws Belgian Founders

Bulgaria trumps Belgium’s 25%+ corporate tax with 10% flat rate on profits, no wealth tax, and optimized dividends via double-tax treaty. EU status enables seamless trade, perfect for Belgian exporters to Eastern Europe.

Setup runs €500-€1,500 total, 3-7 days remotely—no residency required. Sofia offers English/French/Dutch-speaking services, virtual offices, and affordability (€1,200/month vs. €2,000+ Brussels). Short flights (2.5 hours) enhance appeal.

Eligibility for Belgian Citizens

EU rules provide unrestricted access: sole owner/director, remote operation. Apostilled Belgian documents (Hague standard via FPS Foreign Affairs) are standard—no permits needed.

Top Company Options

EOOD ideal for solo Belgians: liability protection, minimal capital.

Company TypeMin. CapitalOwnersBest for Belgians
EOOD (Sole LLC)€21Freelance, holdings, startups
OOD (Multi LLC)€22+BV-like partnerships
AD (Joint Stock)~€70,000ManyScale-ups

LLCs offer prime tax efficiency.

Sofia’s business centers suit Belgian investors with EU infrastructure and coastal lifestyle options.

Step-by-Step Process

Remote completion from Belgium in a week.

Step 1: Name Check

Reserve unique name at portal.registryagency.bg (e.g., “Brussels-Bulgaria EOOD”). Free, instant.

Step 2: Prepare Docs

Statutes, director consent, apostilled power of attorney. Belgian notary processes quickly.

Step 3: Capital Deposit

Remote account at KBC, BNP Paribas, or UniCredit Bulbank. Deposit €2; secure certificate.

Step 4: Registry Submission

Online filing: €40-€100. EIK (ID) in 3-5 days.

Step 5: VAT/Tax Registration

EIK doubles as VAT number; NRA for extras.

Step 6: Finalize

Virtual office (€50/month), accounting (€100/month), bank go-live.

Tax Benefits Summary

Tailored for Belgians:

  • Corporate Tax: 10% flat.
  • Dividends: 5% withholding, treaty relief.
  • VAT: 20%, EU-reclaimable.
  • Social: 32-34% on ~€500 min wage.
  • No CFC/exit taxes.

€100k profit: €10k tax vs. €28k+ Belgium.

Costs at a Glance

ItemCost (€)Notes
ItemCost (€)Notes
Fees50-150Registry
Notary/Legal400-1,100Remote
Address/Bank50-100Startup
Total500-1,500Low barrier

Annual: €1,200-€1,500.

Banking Solutions

SEPA-compliant: KBC affiliates, instant EU transfers. Video ID remote.

Operating in Bulgaria

Visa-free 90/180 days; company residency simple. Sofia: Expat hubs, international schools.

Pitfalls to Dodge

Address first; compliance outsourcing; treaty in Belgian returns; EOOD for starters.

Launch Today

Bulgaria empowers Belgians with EU tax savings—connect with pros for setup.

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