Leave Bulgaria only if it adds up.

On headline rates, no. Bulgaria charges 10% on company profit and 5% on dividends, 14.5% in all. Cyprus charges 15%, then the health levy for a non-dom. On €200,000 of profit, Bulgaria leaves you about €5,500 a year more. Cyprus wins on qualifying IP income, on very large dividends, and for a group across several countries. Since Bulgaria joined the euro in 2026, currency is no reason to move.

It can, but check Bulgaria's rule first. If a Bulgarian company owns more than half of a foreign company taxed below 5%, Bulgaria taxes its profit at home, and the IP Box's 3% is under that line. The escape for real activity was repealed in 2022, and we couldn't confirm what replaced it. Shares you hold personally aren't caught. On €400,000 of qualifying income, Cyprus can leave you about €41,000 more a year.

Probably only if your company moves. If your EOOD moves its tax residence to Cyprus, Bulgaria taxes the rise in its assets' value at 10%, and you can pay in instalments. We found no exit tax on individuals, but couldn't confirm that from the law itself, so check it with a Bulgarian adviser. A later sale of your Bulgarian shares stays taxable in Bulgaria.

When none of four tests applies. You're resident if you have a permanent address in Bulgaria, spend more than 183 days there in any 12 months, were sent abroad by the Bulgarian state or a Bulgarian company, or have the centre of your life there. The permanent address is the test founders forget, so start there.

It won't become Bulgarian, because Bulgaria looks at where a company was registered. But managing it from Sofia gives it a taxable presence in Bulgaria, which pays Bulgarian tax on the profit made there. Cyprus also wants the company run from Cyprus. So take the decisions in Cyprus, and record them there.

You can keep it, move it or close it. Keep it and nothing is charged. Dividends to you pay 5%, and dividends to a Cyprus company that owns it pay nothing under EU rules. Moving its tax residence triggers the 10% exit tax. Closing it costs 5% on the payout, which counts as a dividend. A later sale stays taxable in Bulgaria either way.

No. Under the 60-day rule you can be Cyprus tax resident with 60 days a year here, a home you rent or own, a business or job in Cyprus, and no more than 183 days in any other country. Running your own Cyprus company can count as the business. But Cyprus residency doesn't end Bulgarian residency. That still turns on your permanent address and your days.

Your Bulgarian insurance years still count. Bulgaria adds them to your years in other EU countries and pays its share of your pension. The real risk is health cover. Keep paying Bulgarian health insurance until your Cyprus cover has started, or you'll have a gap. In Cyprus you register for social insurance, which also helps prove you live here.

No. We build and run the Cyprus side. Settle the Bulgarian side, including the foreign-company rule and the exit tax, with a Bulgarian tax adviser. We can recommend one if you need it.