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Investor guides
Short, sourced briefings on doing business in Bulgaria, updated for October 2026. Read them here or download any sheet as a PDF.
Investment environment
The country, the economy and the business climate in one page: population, GDP, growth, the euro, Schengen, tax and the legal basics.
€116.0 bn GDP in 2025 (preliminary)
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Tax
Corporate and personal income tax, withholding taxes, VAT, social security, property and transfer taxes, Pillar Two and filing deadlines for 2026.
10% Corporate income tax
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Incentives
Class A, B and C investment certificates and their thresholds in euro, priority projects, the 100% corporate tax relief in high-unemployment areas, and the state industrial zones.
€5 m Class A threshold for manufacturing (Class B: €2.5 m)
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Costs
What it costs to run a business in 2026: wages and labour costs, office and warehouse rents in Sofia, electricity and gas for business, and general price levels.
€12.0 Labour cost per hour, 2025 (EU: €34.9)
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Labour
Average and minimum wages in 2026, pay by sector, what an employer pays on top of a salary, and how Bulgaria compares with Western Europe.
€1,444 Average gross wage a month, Q2 2026
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Employment law
Employment contracts, probation, working time and overtime, leave and sick pay, notice, severance and collective dismissals under the Labour Code in 2026.
6 months Longest probation period
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Company formation
Legal forms and minimum capital in euro, the steps to register an EOOD or OOD, state fees, VAT registration and what foreign founders need in 2026.
€1 Minimum capital of an EOOD or OOD
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FDI
Foreign direct investment into Bulgaria in 2025 and the first half of 2026: flows, reinvested earnings, the largest investor countries and the total stock.
€3.26 bn Net FDI inflow in 2025 (preliminary)
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Credit ratings
Bulgaria’s sovereign ratings from S&P, Fitch, Moody’s, Scope and DBRS in October 2026, the reasons behind the positive outlooks, and the agencies’ forecasts.
BBB+ S&P, positive outlook (May 2026)
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Commercial property
Sofia’s office and warehouse markets in mid-2026: stock, vacancy, rents, new supply, take-up and investment yields.
2.36 m m² Modern office stock in Sofia
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Housing
Home prices and their growth in 2026, new-build prices and rents in Sofia, mortgage rates, buying costs and taxes, and who may buy land.
+15.5% Home prices, Q2 2026 on a year earlier
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Intellectual property
How to protect a brand or an invention in Bulgaria in 2026: national and EU trade marks and their fees, the Unitary Patent and the Unified Patent Court.
€265.87 Bulgarian trade mark, up to three classes
Read the fact sheet2004 to 2016
These are the original PDF fact sheets, kept for reference. Prices, salaries and rules have changed a lot since they were written, and Bulgaria has used the euro since 2026. For current figures, use the sheets above, the economy charts and Business & Tax.
Areas of high unemployment subject to 0% corporate tax in Bulgaria
Download · 111 KBShows yearly graphs of Foreign Direct Investment flows (FDI) in Bulgaria by Country
Download · 225 KBGeneral indicators, legal system, business forms, establishment procedures, land ownership, labor cost, social security contributions and more.
Download · 262 KBThe figures presented here are estimated average costs when setting up a business in Bulgaria. Costs are in EUR (exchange rate Euro 1=BGN 1.95583) and are merely a guidel...
Download · 209 KBMost recent data from Standard and Poor's and Moody's.
Download · 229 KBThis factsheet provides quick and informative introduction to the Bulgarian residential market in 2010.
Download · 94 KBMost recent data from Standard and Poor's, Moody's and Fitch.
Download · 44 KBThis factsheet will acquaint you with the tendencies on the Bulgarian franchising market. Despite its steady growth, the real boom of franchising business in Bulgaria is...
Download · 148 KBGeneral indicators, legal system, business forms, establishment procedures, land ownership, labor cost, social security contributions and more.
Download · 96 KBAs recruiting staff for your Bulgarian operations you do need to bear in mind some requirements that need to be followed to comply with local legislation. The link below...
Download · 55 KBIndustrial Zones development is an important factor for attracting new production enterprises. The Bulgarian state is stimulating Green field investments. Here you will f...
Download · 355 KBComprehensive report with plenty of information about investing in Bulgaria
Download · 319 KBThe figures presented here are estimated average costs when setting up a business in Bulgaria. Costs are in Bulgarian Leva (BGN) and are merely a guideline. (Exchange rat...
Download · 207 KBThe following sample of random ads is shown with the sole purpose to demonstrate price levels for certain types of properties throughout Bulgaria. IT IS NOT INTENDED TO S...
Download · 39 KBBasic information about reregistration of Bulgarian companies.
Download · 42 KBSalaries for the positions of Senior Programmer, Sales Representative, Managing Director and a Plumber in Bulgaria are compared with those of 8 other countries.
Download · 215 KBFacts and figures about the contemporary office space in the Bulgaria.
Download · 954 KBShows yearly graphs of FDI in Bulgaria by Country
Download · 588 KBMost recent data from Standard and Poor's, Moody's and Fitch.
Download · 59 KBAs recruiting staff for your Bulgarian operations you do need to bear in mind some requirements that need to be followed to comply with local legislation. The link below...
Download · 63 KBComprehensive information about Bulgarian Taxation
Download · 85 KBShows yearly graphs of FDI in Bulgaria by Country
Download · 205 KBThe following sample of random ads is shown with the sole purpose to demonstrate price levels for certain types of properties throughout Bulgaria. IT IS NOT INTENDED TO S...
Download · 47 KBSalaries for the positions of Senior Programmer, Sales Representative, Managing Director and a Plumber in Bulgaria are compared with those of 8 other countries.
Download · 53 KBGeneral indicators, legal system, business forms, establishment procedures, land ownership, labor cost, social security contributions and more.
Download · 101 KB(The figures presented here are estimated average costs when setting up a business in Bulgaria. Costs are in Bulgarian Leva (BGN) not including VAT (20%) and are merely a...
Download · 52 KBThere are 12 investor fact sheets dated October 2026, covering Bulgaria’s investment environment, taxes, incentives and industrial zones, operating costs, salaries, employment law, company formation, foreign direct investment, credit ratings, commercial property, housing and intellectual property.
Taxes in Bulgaria covers corporate and personal income tax, withholding taxes, VAT, social security, property and transfer taxes, Pillar Two and filing deadlines for 2026. The corporate income tax rate is 10%.
The manufacturing investment certificate thresholds are €5 million for Class A and €2.5 million for Class B. Bulgaria’s investment incentives also include Class C certificates, priority projects, corporate tax relief in high-unemployment areas and state industrial zones.
Bulgaria’s net FDI inflow was €3.26 billion in 2025, preliminary. Information also covers flows in the first half of 2026, reinvested earnings, major investor countries and total FDI stock.
No. The archived PDFs date from 2004 to 2016, and prices, salaries and rules have changed substantially since they were written. Bulgaria has used the euro since 2026.
