BULGARIA
From bookkeeping to tax returns and annual statements, our experts provide accounting services to Bulgarian companies.
From payslips to employment contracts, our HR experts provide payroll services to Bulgarian companies
Our experts provide assistance with Bulgarian company or branch formation.
LPG can provide a registered address and/or commercial address to companies in Sofia
Business taxation
Bulgaria, Europe's lowest tax rate
Bulgaria joined the European Union in 2007 and since its accession the corporate tax rate is 10%, the lowest in the entire European Union! However, this has not always been the case. Indeed, the corporate tax rate in 2000 amounted to 32.5% and suffered a very sharp decline to be today at ...
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Average Salary in Bulgaria and Regional Specificities
The average Bulgarian salary is experiencing considerable regional variations: while it reaches just over EUR 1000 per month in the capital Sofia, it is only around EUR 600 per month in the northern regions of the country (border with Romania). Monthly wages recorded in December 2025 within the ...
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Bulgarian Labor Law
Here are important details regarding the Bulgarian labor law that may turn out to be important when forming a company in Bulgaria or recruiting staff. The normal weekly working time is 40 hours. According to Bulgarian labor law, paid leave is at least 20 working days per year. The ...
Corporate law
Variable Capital Company (VCC): An Alternative to the Limited Liability Company (LLC)
Bulgaria has recently introduced a new type of company, the Variable Capital Company (VCC), known in Bulgarian as DPK. This new legal structure shares many characteristics with the traditional Bulgarian Limited Liability Company (LLC) (OOD and EOOD). Like an LLC, a VCC has separate legal ...
Economy
Corporate Compliance for Anti-Money Laundering
Bulgarian companies, like all companies in the European Union, must comply with strict anti-money laundering obligations. Bulgarian companies that do not comply with these anti-money laundering obligations would simply not be able to operate (opening and operating a bank account, ...
Business taxation
Protocol expenses and business trip allowances
In Bulgaria, entertainment and protocol expenses or similar expenses are taxed Entertainment, protocol or similar expenses shall mean the following: Gifts, restaurants etc.; Expenses related to the use of company cars for personal needs. It should be kept in mind that the expenses ...