Freelancers and sole traders in Bulgaria are usually well served by a low cost euro account with simple invoicing and multi currency support for foreign clients. Revolut Business, Wise Business and Payoneer accept Bulgarian registered freelancers.
Suits Freelancers and Sole Traders best
Wise Business for foreign clients, Revolut Business for an all in one account
Typical monthly fee
EUR 0 to about EUR 20 a month depending on plan
Non resident position
Possible. Digital providers can open remotely, while traditional banks ask for an in person visit and a one time KYC fee. Verify with the provider.
Providers that fit
3 providers commonly fit, plus traditional banks
Fees and features as of 3 June 2026Last reviewed 3 June 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Freelancers and sole traders in Bulgaria mostly need to invoice clients, get paid in euro or other currencies, and keep simple records for tax. A euro account in the SEPA area covers most needs, with a multi currency option for foreign clients. Fees and features below are shown as of 3 June 2026, so confirm current terms with the provider before applying.
What Freelancers and Sole Traders in Bulgaria need from a business account
Freelancers value low cost, simple invoicing, a good app, and easy ways to get paid by clients at home and abroad. They rarely handle cash. Bulgaria is in the euro area and SEPA, so the main differences between providers are monthly cost, foreign exchange handling for non euro clients, and how easily you can separate business and personal money.
W
Wise Business
Receives payments in many currencies at the mid market rate, useful for freelancers with foreign clients. No monthly fee. No cash deposits.
Compare accounts for Freelancers and Sole Traders in Bulgaria
These providers accept Freelancers and Sole Traders in Bulgaria. Fees and eligibility shown as of 3 June 2026. Confirm current terms with the provider before applying.
Questions about banking for Freelancers and Sole Traders in Bulgaria
What is the best account for a freelancer in Bulgaria?
It depends on how you work. Wise Business suits freelancers with foreign clients, Revolut Business offers an all in one account with invoicing, and Payoneer helps collect from international platforms. Compare the features you use and verify current terms with the provider. This is general information, not advice.
Do freelancers in Bulgaria need a separate business account?
Keeping business and personal money apart simplifies bookkeeping and tax, and some providers require that personal accounts are not used for business. Whether a separate account is legally required depends on your status, so confirm the rules with a qualified adviser and the provider. This is general information, not advice.
Is there a free business account for the self employed in Bulgaria?
Yes. Wise Business has no monthly fee and Revolut Business offers a free Basic plan as of 3 June 2026, with optional paid plans. Traditional bank accounts generally carry a monthly fee. Check current pricing with the provider before applying.
What currency are freelancer accounts in Bulgaria held in?
The euro. Bulgaria joined the euro area on 1 January 2026, so new accounts are opened in euro and sit inside the SEPA area, while multi currency providers let you hold other currencies for foreign clients. Confirm current terms with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 3 June 2026. Confirm current terms with the provider before applying.