The owner of a real estate is obliged to pay the following annual taxes and charges:
Annual real estate tax
The tax is paid to the respective municipality where the real estate is located. The rate of the tax for properties on the territory of Sofia Municipality for 2020 is 0,1875 %. Individuals pay real estate tax on the basis of the tax evaluation. Companies pay real estate tax on the basis of the book value.
Annual waste disposal fee
The waste disposal fee is determined by each municipality. Individuals pay a waste disposal fee on the basis of the tax evaluation. Companies pay the real estate tax on the basis of the book value. There are also other ways for companies to pay the waste disposal fee.
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Delchev & Partners is a prime, full service, commercial law firm with offices in Sofia and Plovdiv, Bulgaria. Our experienced team of lawyers and consultants provide quality legal and tax services in various practice areas to multinational corporations and companies, closely held foreign and local businesses, local entrepreneurs, exempt organizations and individuals, based or operating in any major Bulgarian city – Sofia, Plovdiv, Varna, Burgas, Stara Zagora etc.
