Compare jurisdictions side by side
See 2 or 3 jurisdictions side by side: all-in cost for year 1 and year 2, headline tax, audit, registers and time to form. Bulgaria is a good fit for 10% flat EU corporate tax. Isle of Man is a good fit for holding, e-gaming.
| Comparing2 jurisdictions | Bulgaria | Isle of Man |
|---|---|---|
| Cost | ||
| Year 1 all-in | BulgariaUS$2,290Lowest | Isle of ManUS$2,890 |
| From year 2 | BulgariaUS$1,650Lowest | Isle of ManUS$2,080 |
| 3-year cost (Starter) | BulgariaUS$5,590Lowest | Isle of ManUS$7,050 |
| Tax & reporting | ||
| Headline tax | Bulgaria10% | Isle of Man0% standardBest |
| Annual audit | BulgariaIf large | Isle of ManNo* |
| Public register | BulgariaPublic | Isle of ManCompany register public; BO register not public |
| Setup | ||
| Type | BulgariaOnshore | Isle of ManMidshore |
| Entity | BulgariaEOOD / OOD | Isle of ManPrivate Limited |
| Minimum directors | Bulgaria1 | Isle of Man1 + licensed registered agent |
| Legal system | BulgariaCivil | Isle of ManCommon |
| Time to form | Bulgaria1–2 weeks | Isle of Man2–5 days |
| Best for | Bulgaria10% flat EU corporate tax | Isle of ManHolding, e-gaming |
Ask about this comparison
AI answers from OCC’s published prices & facts · no sign-upWhich one for your situation
You need a business bank account soon
Bulgaria. Banks usually find onshore companies easier to assess, but each bank decides.
You want a lower running cost
Bulgaria, from US$1,650 a year based on published year-2 prices.
You only hold shares or other assets
Isle of Man. Your home country may still tax the income, so check that first (confirm with your specialist).
You need it fast
Isle of Man, typically 2–5 days after KYC approval.
General guidance based on headline rules, not tax or legal advice. Your specialist confirms how tax residency, substance and banking apply to you before you pay.