Sofia Archives - Innovires

Investments in Bulgaria. Investment Promotion act Bulgaria has macroeconomic and financial stability and most favorable EU taxes – only 10% tax on corporate and personal income, and a dividend tax of only 5%. Investments in Bulgaria are governed by the Investment Promotion Act (referred below as “IPA”) and the regulations on its application. As the…

Withholding taxes – Dividend tax in Bulgaria In theory, dividends are payments made by a corporate legal entity to its shareholders, which are usually distribution of profits. A corporation in Bulgaria has mainly 2 options: to reinvest the profits. Reinvested dividends are tax-exempt in Bulgaria. to distribute the profit to the shareholders. The dividends could…