Freelance Profession in Plovdiv
What is a Freelance Profession?
A freelance profession (svobodna profesiya) is a self-employed individual registered in the BULSTAT/UIC registry who provides independent services. Unlike an EOOD, you operate as an individual β not a legal entity.
In Plovdiv this form is popular with IT professionals, consultants, designers, and members of the liberal professions. Plovdiv is the second-largest city in Bulgaria, with a rapidly growing IT and industrial sector.
Business Environment in Plovdiv
Plovdiv (approximately 350,000 residents) is the second-largest city in Bulgaria, with a rapidly growing IT and industrial sector. The city has over 45,000 registered companies, making it an active business centre.
Key Industries:
- IT & Software Development
- Food & Beverage Industry
- Light Industry
- Tourism
Office Rents: Average office rents in Plovdiv are β¬5β12/sq.m., which is competitive compared to other cities in the region.
Bank Branches: DSK Bank, UniCredit Bulbank and Postbank have branches on Knyaz Alexander I St., Maritsa Blvd. and in the Trakia district.
Notary Offices: Notary offices are concentrated around Central Square, Rayko Daskalov St. and Shesti Septemvri Blvd..
Freelance vs. EOOD
| Freelance | EOOD | |
|---|---|---|
| Liability | Unlimited (personal assets) | Limited (to share capital) |
| Min. capital | None required | β¬1 |
| Income tax | 10% after NPR (25β60%) | 10% corp. + 5% dividend |
| Social security | On chosen base (min. BGN 933) | As self-insured (manager) |
| Accounting | Simplified β free with Firmify | Full double-entry |
| Registration | BULSTAT registry | Commercial Register |
Registration Steps
- BULSTAT registration β file online with a QES or at an NRA office in Plovdiv
- Receive UIC β usually within 1β3 business days; Firmify prepares all documents
- OKD-5 at NRA β within 7 days of starting activity, register as self-employed
- Activate accounting β free in Firmify; set your NPR percentage and insurable income
Taxes and Social Insurance
| Obligation | Rate | Deadline |
|---|---|---|
| Income tax | 10% after NPR | April 30 |
| Advance income tax | 10% | Apr 15, Jul 15, Oct 15 |
| Pension insurance (DOO) | 14.8% of insurable income | 25th of month |
| Health insurance (ZO) | 8.0% of insurable income | 25th of month |
| Supplementary pension (DZPO) | 5.0% of insurable income | 25th of month |
At the minimum insurable income of BGN 933/month, total contributions are approximately BGN 260/month.
Frequently asked questions
Freelance Profession in other cities
Other topics for Plovdiv
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