Is a Bulgarian company worth it if I stay resident in Germany?

Considerably less than many expect. If the shareholder remains resident in Germany, all the usual European locations land between roughly 30 and just over 37 percent total burden — Bulgaria at about 33.7 percent. The gap between countries narrows sharply once worldwide taxation applies. On top of that, German controlled-foreign-company rules can bite where income is largely passive and the holding is controlling. Anyone who wants to realise the location advantage has to think about their own residence, not only the company's seat. General information, not tax advice.