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Estonia or Bulgaria: where to set up your company?
Two deliverable jurisdictions, side by side on the facts our profiles carry — company form, tax, capital, timeline, banking, substance and our price. Who each one fits, what really decides between them, and the traps of each.
| Estonia | Bulgaria | |
|---|---|---|
| Usual company form | OÜ | OOD |
| Corporate taxation | 0 % on reinvested profits, 22/78 on distribution | 10 % flat rate · 5 % on dividends |
| Share capital | €2,500 | €1 |
| Incorporation time | 2–3 weeks | 3–5 weeks |
| Banking access | Accessible | Accessible |
| Substance requirement | The address is enough | The address is enough |
| Our services | from 3,290 € | from 3,290 € |
Estonia — who it's for
- No tax on profits until they are distributed.
- Fully digital administration, genuine remote management.
- Contact person and legal address included in our service.
Bulgaria — who it's for
- 10 % flat, the lowest in the European Union.
- Dividends taxed at 5 %, making profit extraction inexpensive.
- Residence accessible to EU nationals.
What really decides between them
- Corporate tax — Estonia : 0 % on reinvested profits, 22/78 on distribution · Bulgaria : 10 % flat rate · 5 % on dividends
- Minimum capital — Estonia : €2,500 · Bulgaria : €1
- Registration time — Estonia : 2–3 weeks · Bulgaria : 3–5 weeks
- Banking access — Estonia : Accessible · Bulgaria : Accessible
- Substance — Estonia : The address is enough · Bulgaria : The address is enough
- Our price — Estonia : from 3,290 € · Bulgaria : from 3,290 €
Figures from each profile; to be checked there. The right choice depends on where you will really operate and bank.
Traps — Estonia
- e-Residency is neither a residence permit nor tax residence.
- Place of effective management remains enforceable if you run it from home.
Traps — Bulgaria
- To benefit fully from the rate, management must be exercised from Bulgaria.
- Uneven banking service quality between institutions.
Estonia or Bulgaria: frequently asked questions
Estonia or Bulgaria: which is cheaper to set up?
Estonia: from 3,290 €; Bulgaria: from 3,290 €. Starting prices, official fees included, excluding tax.
Estonia or Bulgaria: how does corporate tax compare?
Estonia: 0 % on reinvested profits, 22/78 on distribution; Bulgaria: 10 % flat rate · 5 % on dividends. To be checked on each profile.
Estonia or Bulgaria: which is faster to register?
Estonia: 2–3 weeks; Bulgaria: 3–5 weeks. Usual times.