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Country guide · 2026

How to open a Bulgarian company from Belgium 🇧🇪

Belgium combines a 25% corporate rate with a 30% roerende voorheffing on dividends and social contributions for self-employed directors. Founders who serve international clients rarely get anything from that price that a Bulgarian EOOD does not also give them.

Belgian rate
25% corporate tax plus 30% withholding on dividends
Bulgaria
10% corporate, 5% dividends
Setup
Remote, 3-7 business days

Why Belgian founders move to a Bulgarian EOOD

  • 10% corporate tax and 5% dividend withholding against 25% and 30%
  • No minimum-capital plan filing of the kind a BV requires from its founders
  • Setup measured in days rather than notary-scheduled weeks
  • Capped social contributions instead of open-ended Belgian self-employed charges

The remote registration process, step by step

  1. 1

    Reserve the company name

    We check availability in the Bulgarian Commercial Register and reserve your EOOD or OOD name. Takes a few hours; the reservation holds for six months.

  2. 2

    Sign the incorporation pack

    Articles of association, founder declarations and specimen signature. You sign in front of a notary or a Bulgarian consulate near you, or you give us a power of attorney and sign once.

  3. 3

    Open the capital accumulation account

    The statutory minimum share capital is BGN 2 (about €1). The bank issues a deposit certificate the register requires.

  4. 4

    File with the Commercial Register

    Electronic filing at the Registry Agency. Standard processing is 2 to 4 business days, and you receive an EIK (company number) on approval.

  5. 5

    Register for tax and, if needed, VAT

    The EIK doubles as your tax number. VAT registration is mandatory above the BGN 166,000 turnover threshold and voluntary below it; intra-EU sellers usually register voluntarily on day one.

  6. 6

    Open the operating bank account

    A Bulgarian business account for local payments, plus an EMI such as Wise or Revolut Business for multi-currency invoicing. Most non-resident directors need one video call.

  7. 7

    Appoint an accountant and start filing

    Monthly VAT returns, payroll if you hire, and an annual corporate return filed by 30 June. The 10% flat corporate tax applies from your first invoice.

Tax residency

Belgium looks at where your household lives and where your interests sit. A founder whose family stays in Brussels will usually remain a Belgian resident regardless of the company's seat.

Exit tax and leaving Belgium

Belgium has no classic exit tax on private shareholdings, but transferring a company's seat abroad can trigger a deemed liquidation at company level. Sequence the move carefully.

Banking and payments

Belgian counterparties settle to a BG IBAN through SEPA. Most founders run an EMI plus a Bulgarian account for tax and social payments.

VAT on sales into Belgium

Belgian B2B customers self-account under reverse charge; B2C digital sales use OSS at 21%.

Mistakes Belgian founders make

  • Running the Bulgarian company from a Belgian home office and calling it foreign
  • Overlooking the deemed liquidation cost when moving an existing BV's seat
  • Assuming the Belgian VAT number can simply be reused

Questions Belgian founders ask

Do I need to deregister in Belgium?

Only if you actually relocate. Many Belgian clients keep residence and use the Bulgarian company for genuinely foreign operations, which changes the tax analysis materially.

How fast can it be done?

Name reservation to EIK typically takes five business days once your signed documents are with us.

Full Bulgaria vs Belgium tax tableRun your numbers in the tax calculatorFormation pricing

Start your Bulgarian company from Belgium

We handle the register filing, bank introduction, VAT and accounting in English. 750+ EU founders incorporated, fully remote.

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