Freelance Profession in Ruse
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 Ruse this form is popular with IT professionals, consultants, designers, and members of the liberal professions. Ruse is a key Danube city with developed industry, logistics and cross-border trade with Romania.
Business Environment in Ruse
Ruse (approximately 150,000 residents) is a key Danube city with developed industry, logistics and cross-border trade with Romania. The city has over 12,000 registered companies, making it an active business centre.
Key Industries:
- Logistics & Transport
- Mechanical Engineering
- Food & Beverage Industry
- Cross-border Trade
Office Rents: Average office rents in Ruse are β¬3β8/sq.m., which is competitive compared to other cities in the region.
Bank Branches: DSK Bank, UBB and First Investment Bank have branches on Aleksandrovska St., Svoboda Square and Lipnik Blvd..
Notary Offices: Notary offices are concentrated around Svoboda Square, Aleksandrovska St. and the area of Ruse District Court.
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 Ruse
- 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 Ruse
Detailed guides
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