As of today, there are no indications of drastic changes in the general tax frame of the country.The corporate income tax and the personal income tax are expected to remain at theircurrent level of 10% flat.

In relation to the expectation to join the Eurozone by the end of 2025 or the beginning of 2026, Bulgaria has adopted The Act on the adoption of the Euro in Bulgaria.

The social security contributions for 2025 currently remain at the levels of 2024 – total of 32.7% of the gross income distributed at a ratio of about 40/60 for employee/employer. The maximum social insurance base for 2025 has been increased to BGN 4 130 as of 01.01.2025

The deadline for filing of yearly CIT return for 2024 remained unchanged, namely 30th June 2025. The deadline for filing of the annual financial statements for 2024 is 30th September 2025.

Full overview of corporate income tax in Bulgaria.

The statutory minimum salary as of 01.01.2025 was increased to BGN 1 077 (EUR 551). According to recent legislative changes the statutory minimum salary for each subsequent year shall be 50% of the average gross salary for a 12-month period covering the second half of the previous year and the first half of the current year. The average gross salary shall be determined by 01 September of the
current calendar year.

Full overview of personal income tax in Bulgaria.

As of 01.01.2025 the COVID19 temporary measures for reduced VAT rates applied to bread, flour and restaurant and catering services have been canceled. Currently these products and services are chargeable with a standard VAT rate of 20%.

Full overview of VAT in Bulgaria.