Could your business work better elsewhere?
Already registered in Ireland, or considering setting up? Alongside our Irish accounting services, we work with Sovereignty Global to help you explore whether an international structure could suit your plans.
10%
Bulgarian corporate tax
10%
Bulgarian personal income tax, for residents
5%
Bulgarian tax on dividends
Our partner for Bulgaria and Georgia
How we work together
Sovereignty Global handles the international side. We keep your Irish side in order, before, during and after.
- Bulgarian company formationA Bulgarian company set up and registered, usually in days once documents are ready.
- ResidencyBulgarian residence and the steps to genuine tax residence, if you plan to move.
- Tax planningA structure built around how you actually live and work, with real substance.
- International bankingBusiness and personal accounts in Bulgaria and Georgia, prepared for approval.
What Shiel looks after
- Your Irish accounts, CT1 and B1 kept up to date
- Your Irish tax position checked before anything moves
- Closing down or continuing the Irish company properly
- One set of figures shared with Sovereignty Global
How it works
- 1
A straight answer first
We look at your Irish position and tell you whether a move is worth exploring, or whether staying put is better.
- 2
Sovereignty Global plans it
If it is, they design the structure and handle the company, residency and banking.
- 3
Both sides kept in order
We look after the Irish filings through the change, so nothing is missed on either side.
International structures only work with real substance: where you live, where decisions are made and where the work is done. Every arrangement is fully disclosed in each country involved. Legal tax reduction vs evasion
Frequently Asked Questions
Accounting in IrelandIs moving my business to Bulgaria legal?
Yes, when it is done properly. The structure has to reflect where you really live and where the business is really run, with full disclosure in every country involved. Moving on paper alone does not work and is not something we or Sovereignty Global will set up.
What tax rates apply in Bulgaria?
Bulgaria taxes company profits at a flat 10%, dividends at 5%, and personal income at a flat 10% for people who are genuinely tax resident there. Sovereignty Global confirms how these apply to your plans.
Do I have to move to Bulgaria?
Not always. Some clients only need a company or banking. The 10% personal rate does need genuine Bulgarian tax residence, which depends on where you live and spend your time.
What happens to my Irish company?
It depends on the plan. Some clients keep it, some close it down. Either way, we handle the Irish filings and make sure the Irish tax position is dealt with before and after the change.
Who is Sovereignty Global?
Our partner for international structures. They specialise in Bulgarian company formation, residency, tax planning and banking in Bulgaria and Georgia, while we look after the Irish side.
Sources (1)Checked 29 October 2026
Start with a straight answer
Tell us about your business and your plans. We will tell you honestly whether an international structure is worth exploring, before anyone spends a cent.