Bulgaria

Europe
VS

Romania

Europe

Bulgaria vs Romania Tax Comparison

Summary

2

๐Ÿ‡ง๐Ÿ‡ฌ Bulgaria

2

Ties

3

๐Ÿ‡ท๐Ÿ‡ด Romania

๐Ÿ‡ท๐Ÿ‡ด Romania has lower tax rates in more categories

Tax Rates Comparison

Category
๐Ÿ‡ง๐Ÿ‡ฌBulgaria
๐Ÿ‡ท๐Ÿ‡ดRomania
Top Income Tax Rate
10%
10%
Corporate Tax Rate
10%Lower
16%
VAT / Sales Tax
20%
19%Lower
Capital Gains Tax
10%
10%
Employee Social Security
13.78%Lower
35%
Employer Social Security
18.92%
2.25%Lower
Self-Employed Social Security
26.8%
25%Lower

Living Indicators

Category
๐Ÿ‡ง๐Ÿ‡ฌBulgaria
๐Ÿ‡ท๐Ÿ‡ดRomania
Cost of Living Index
34Lower
36
Quality of Life Index
55Lower
56
Tax Treaties
68Lower
86

Income Tax Brackets

Bulgaria

0+10%

Flat 10% rate - one of the lowest in the EU.

Romania

0+10%

Flat 10% rate. Special 1% rate for microenterprises with turnover under 500k EUR.

Special Tax Regimes

Bulgaria

No special tax regimes available.

Romania

Microenterprise Tax

1% turnover tax (or 3% without employees) for companies with revenue under 500k EUR.

Digital Nomad Visa

BulgariaNot Available
RomaniaAvailable

Digital nomad visa available. Must earn at least 3x Romanian average gross salary.

Disclaimer: This content is for informational purposes only and does not constitute tax advice. Tax laws change frequently. Always consult a qualified tax professional before making decisions about your tax residency or obligations.

Data last updated: Bulgaria (2024-01) ยท Romania (2024-01)