Country A
Bulgaria
Top income tax: 10%
Corporate: 10%
VAT: 20% · CGT: 10%
VS
Country B
Greece
Top income tax: 44%
Corporate: 22%
VAT: 24% · CGT: 15%
Full Tax Rate Comparison
| Tax Type | Bulgaria | Greece | Lower Rate |
|---|---|---|---|
| Top Income Tax | 10% | 44% | Bulgaria |
| Bottom Income Tax | 10% | 9% | Greece |
| Corporate Tax | 10% | 22% | Bulgaria |
| VAT / GST | 20% | 24% | Bulgaria |
| Capital Gains Tax | 10% | 15% | Bulgaria |
| Social Security (Emp) | 13.8% | 13.9% | Bulgaria |
| Dividend Tax | 5% | 5% | Tie |
| Tax Treaties | 68 | 57 | Bulgaria |
Take-Home Pay Estimate
Illustration — €100,000 gross annual income
Bulgaria Take-Home
€79,720
Greece Take-Home
€57,530
Annual Difference
+€22,190
Verdict
Overall Tax Burden
Bulgaria has a lower overall tax burden
Bulgaria scores lower on combined tax burden (10 vs 32). Top income tax: 10% vs 44% in Greece. Corporate: 10% vs 22%. For high earners and entrepreneurs, Bulgaria can offer meaningful tax savings.
Tax System: Territorial vs Worldwide
| Factor | Bulgaria | Greece |
|---|---|---|
| Territorial Taxation | No | No |
| Digital Nomad Visa | Yes | Yes |
| Wealth Tax | No | No |
| CFC Rules | Yes | Yes |
Special Regimes Available
| Country | Regime | Rate / Benefit | Duration |
|---|---|---|---|
| Greece | €100k Lump Sum | €100,000/year | 15 years |
Frequently Asked Questions
Which country has lower taxes: Bulgaria or Greece?
Bulgaria has a top income tax rate of 10% and corporate tax of 10%. Greece has 44% and 22% respectively. On €100k gross, estimated take-home is €79,720 in Bulgaria vs €57,530 in Greece. Actual liability varies with deductions, residency rules, and individual circumstances.
Is Bulgaria or Greece better for expats and digital nomads?
Bulgaria uses a worldwide tax system. Greece uses a worldwide tax system and offers the €100k Lump Sum (€100,000/year, 15 years). The best choice depends on income type, desired residency duration, and lifestyle preferences.
What is the corporate tax difference between Bulgaria and Greece?
The statutory corporate tax rate is 10% in Bulgaria and 22% in Greece. Effective rates can differ significantly due to deductions, loss carry-forwards, and R&D credits. Both countries may offer reduced rates or special regimes for SMEs or qualifying businesses.
Disclaimer: Rates shown are statutory rates for 2026. Effective rates vary with deductions and individual circumstances. Not tax advice.