If you’re earning on OnlyFans while living in Bulgaria, taxes can feel extra stressful because the money comes from an international platform, in a foreign currency, and your “job” does not look like a traditional one on paper.

This guide explains OnlyFans taxes in Bulgaria in a practical, creator-friendly way: what to track, what questions to ask an accountant, and how to reduce risk without doing anything shady.

Disclaimer: This is educational, not legal or tax advice. Rules and platform policies can change. Verify details with Bulgaria’s National Revenue Agency (NRA) and a qualified accountant.

The simplest way to think about OnlyFans taxes (before you touch any forms)

You don’t need a perfect tax strategy on day one. You need a clean money trail.

For most creators, the core tax workflow comes down to three habits:

• Track income consistently (what you earned vs what you were paid out).
• Track expenses with proof (receipts, invoices, subscription confirmations).
• Set aside money for taxes and contributions so a deadline never becomes a panic moment.

Once those are in place, a Bulgarian accountant can tell you what your best “legal wrapper” is (individual activity vs registered self-employment vs company).

How OnlyFans income actually flows (and why it matters in Bulgaria)

OnlyFans-style platforms typically create two different numbers that creators confuse:

• Earnings (gross): what fans paid for subscriptions, tips, and PPV.
• Payouts (cash received): what actually hit your bank after platform fees, processing, refunds, and timing.

Depending on your local rules and how your activity is classified, taxes might be calculated based on one or the other, and timing can matter as well. Because of that, you want to track both.

What to export/save every month

From your OnlyFans statements/dashboard (or equivalent reports), save:

• A monthly earnings summary
• A monthly payout summary
• Any refund/chargeback information (if shown)
• The platform fee information (if shown)

From your bank:

• Bank statements showing incoming transfers
• Any bank fee confirmations
• Currency conversion details (if the payout arrives in EUR/USD and lands as BGN)

If you want a simple routine, use the weekly system in this guide: OnlyFans Taxes: Weekly Habit to Stay Organized.

The big Bulgaria-specific questions you should clarify early

Bulgaria is in the EU, so cross-border rules can come into play. But you do not need to become a tax nerd to be safe. You just need to ask the right questions.

Here are the questions that matter most for Bulgarian creators:

1) “What is my income legally classified as in Bulgaria?”

Ask your accountant how your OnlyFans activity should be treated (examples creators often hear in different countries are “self-employed activity,” “freelance services,” or “business income”). The classification affects:

• Which declarations you file
• Whether social and health contributions apply, and how
• What expenses you can deduct and how strict documentation needs to be

2) “Do I need to register any specific legal form?”

Some creators operate as individuals at first. Others register a formal status or a company once income is consistent.

Instead of guessing, decide based on your situation:

• If you’re testing the waters at $200 to $800 per month, you may prioritize clean tracking and a basic consultation.
• If you’re consistently at $2k per month and growing, structure starts to matter more.
• If you want to hire chatters, editors, or marketers, a more formal setup can make payments and contracts easier.

For a general decision framework (not Bulgaria-specific but very useful), read: LLC for OnlyFans: When It Makes Sense.

3) “How do social and health contributions work for me?”

This part is where creators get blindsided.

In many countries (including Bulgaria), self-employment or business income can trigger mandatory contributions (and the rules can depend on your registration type, income base, and other factors).

Don’t assume you can “just pay income tax later.” Ask:

• When contributions start applying
• Whether they’re monthly, quarterly, or annual
• What happens if you miss a payment

4) “Is there any VAT issue I should care about?”

VAT in the EU can be confusing because the end customer is often in another country, and platforms sometimes handle VAT on consumer sales.

The key is to clarify what you are considered to be supplying and to whom (fans vs platform), and whether you have any VAT registration or reporting obligations.

To understand the general EU context, you can start with the European Commission’s overview of VAT rules: Your Europe: VAT. Then confirm what applies to you with a Bulgarian professional.

Choosing your setup: individual vs company (a practical decision table)

A lot of Bulgarian creators jump straight to “What’s the best tax rate?” That’s not the best first question.

A better first question is: What do I need most right now? (simplicity, privacy, ability to deduct, ability to hire, risk separation)

Here’s a decision table you can use for your accountant call.

Important: “Company” is not automatically better. For some creators it adds cost and complexity without real benefit, especially under a certain income level.

What creators in Bulgaria most often get wrong (and how to fix it fast)

Mixing personal and business money

If you do one thing this week, do this:

• Create a separate bank account (or at least a separate card) for creator expenses.
• Use it for software, props, outfits, equipment, editing subscriptions, and marketing.

Even if your legal setup is still personal, separating flows makes your tax life 10 times easier.

Tracking payouts but not earnings

Payouts show cash, but they don’t always show the full story (fees, refunds, timing). Track both.

If you want a template approach, the tracking logic in OnlyFans 1099 Taxes: What Creators Should Track is US-focused, but the bookkeeping structure (gross vs net, refunds, expenses) is universal.

Assuming “beauty stuff” is always deductible

Some expenses are clearly business-related (editing apps, camera gear). Others are “gray” (beauty, wardrobe, gym). The rules depend on local law and documentation.

This guide helps you think more safely about deductions and proof: Top Tax Deductions OnlyFans Creators Often Miss.

A Bulgaria-friendly bookkeeping setup you can do today (30 minutes)

Create one spreadsheet with these columns:

• Date
• Platform (OnlyFans, Fansly, etc.)
• Earnings (gross) in platform currency
• Platform fees (if shown)
• Refunds/chargebacks (if shown)
• Payout received (cash) in payout currency
• Bank received (cash) in BGN (what landed)
• Exchange rate note (or bank conversion note)
• Expense amount
• Expense category
• Proof link (Google Drive file name or receipt photo)
• Notes (collab, promo campaign, custom order)

Then do a weekly 45 to 60 minute “money reset.” If you need a checklist, use the one in OnlyFans Taxes: Weekly Habit to Stay Organized.

A realistic “tax set-aside” rule (without pretending we know your exact rate)

Because we can’t responsibly quote your exact Bulgarian tax and contribution burden without knowing your registration type and situation, use a conservative approach until you have professional confirmation.

A simple method:

• Choose a set-aside percentage that feels safely conservative for you.
• Transfer it the day each payout lands.
• Once your accountant confirms your real obligation, adjust.

The goal is not perfection. The goal is never being forced to borrow money to pay a tax bill.

International payouts and Bulgarian banks: how to avoid delays and documentation issues

Creators in Bulgaria commonly run into friction with international transfers, name mismatches, or extra bank checks, especially when income increases.

To reduce delays:

• Make sure your legal name matches exactly across OnlyFans payout settings and your bank.
• Keep screenshots of payout changes you make.
• Avoid changing payout details frequently.

If you’re troubleshooting late money, this guide is worth bookmarking: International Payouts: How to Avoid Common Delays.

Privacy: staying discreet in Bulgaria while staying compliant

It’s normal to want privacy, especially if you live in a smaller city, have a second job, or worry about stigma.

You can protect yourself without hiding income:

• Use a stage name publicly, but keep legal details correct in financial and tax contexts.
• Keep separate emails, phone numbers, and social accounts for creator work.
• Turn on geo-blocking and tighten security settings.

For anonymity-focused promotion and account separation, read: How to Secretly Promote Your OnlyFans (Without Friends or Family Finding Out).

Your “OnlyFans taxes in Bulgaria” checklist (take this to an accountant)

Use this as your prep list before you pay anyone for a consultation.

• I can show 3 to 6 months of earnings reports and payouts
• I can show bank statements for payouts received
• I track income as both earnings (gross) and payouts (cash)
• I track expenses with receipts and a clear business reason
• I know whether I want to stay solo or hire help soon
• I understand my likely obligations for social and health contributions (pending confirmation)
• I asked whether any VAT registration/reporting applies to my exact situation
• I have a tax set-aside system already running
• I separated business spending from personal spending (account or card)
• I know my deadlines (monthly, quarterly, annual) once confirmed

Where Lookstars fits in (and where we don’t)

Lookstars is an OnlyFans management agency that helps creators grow with marketing, fan engagement, and operations. That includes building systems that make your finances easier to track (because scaling without tracking gets messy fast).

What we are not: a substitute for a Bulgarian accountant.

If your biggest stress right now is that you’re earning, but you’re drowning in DMs, inconsistent promotion, or admin chaos, start here: Working With an Agency vs Running OnlyFans Alone.

If you want to explore management (with no upfront costs and flexible terms as described on our site), you can apply via the main site: Lookstars Agency.