The most basic information about the taxes in Bulgaria.

VAT rates
The Value added tax rates in Bulgaria is 20% for domestic supplies, intra-community procurements and imports from non-EU countries and 7% reduced rate for certain tourist services. The 20% VAT tax is payable up to the 14th of the present month for the previous one together with the submission of the monthly VAT report. If the VAT tax is paid on a later stage there is a penalty interest for each and every day delay.
Tax rates
The corporate profit tax rate in Bulgaria is flat at 10%. The corporate tax is payable up to 31st of March of the present year for the previous one. If it is not paid up to this term there is a penalty interest for each and every day. Usually the tax authorities distraint the bank acocunts and the property of the company which does not pay the corporate tax upon one month after the deadline.
The withholding tax at 5% on the gross amount of dividends and it is payable up to one month upon the decision for distribution of dividents.
The personal income tax is flat at 10%. It is payable not only for the salary of an employee or manager of a company but also for person who had received income over contract for services. The personal income tax for salaries of employees and managers for example is 10% of the balance of the gross salary minus the social insurance payable on behalf of the employee. For gross salary of BGN 1`000 the social insurances on behalf of the employee are BGN 129, which mean that the personal income tax is BGN 87.10. The personal income tax payable by physical person for fulfillment a job over a contract for services is 10% balance of the remuneration over the contract minus up to 25% normative acknowledges expenses. This mean that if a computer web designer for example creates website for a company and the company pays him BGN 1000 remuneration over the contract, the web designer must pay BGN 75 personal income tax. The Personal income tax is deducted from the employee salary and it is payable by the employer. The personal income tax over contract for services is payable by the executor of the contract. The income is proved with a document issued by the assignor of the contract. In some cases both parties may agree the personal income tax to be deducted from the remuneration of the executor and paid directly from the assignor.
The representative tax is 10% and it is payable for services as rent a car or payment of a business meeting dinner.
This is the most basic information about the taxes in Bulgaria.