WHY BULGARIA

BULGARIA - A TAX PARADISE!

In the last few years Bulgaria became one of the most favourable business destinations in Europe. International companies and foreign investors benefit from the lowest Tax System in the EU.

What are the benefits of a company in Bulgaria?

  1. 1
    TAX BENEFITS

    Most favourable Tax Regime within the EU. Corporate Profit tax (flat) – 10%. Personal Income Tax (flat) – 10%. Lowest Social Security Contributions in EU. Bulgarian legislation is completely synchronised with the EU legislation. Government policy is focused on building a favourable business climate for foreign investors.

  2. 2
    FAST AND EASY PROCEDURES

    It takes only several days to register a new company in Bulgaria. The minimal start-up capital is only 1 EUR. International VAT registration takes up to 10 days. Less rules compared to Western Europe.

  3. 3
    BANKING FACILITIES

    The biggest European banks are represented in Bulgaria. Perfect E-banking facilities. Stable and secure Bank system.

  4. 4
    DOUBLE TAX AVOIDANCE

    Bulgaria has signed Double Taxation Treaties with 70 countries all over the world.

  5. 5
    POLITICAL STABILITY

    Safe and stable democratic jurisdiction. Low crime rate, no ethnic tensions. Full member of the EU, WTO and NATO. Second lowest government debt in the EU. Government policy is also focused on building a favourable business climate for foreign investors.

  6. 6
    LESS FINANCIAL RISK

    The local currency Bulgarian Lev (BGN) is fixed to the EUR (1 EUR = 1.9 BGN) since 1998. Bulgaria is expected to introduce the EUR as its official currency in 2017.

  7. 7
    LOW BUSINESS COSTS

    The lowest business costs in the EU. Very affordable rents, excellent value for real estate. Low cost of utilities.

  8. 8
    INVESTMENT OPPORTUNITIES

    Less restrictions and less administrative procedures. Investors class A are granted with Corporate Profit Tax up to 0%. Bulgaria is rated as one of the best destinations in Europe to develop outsourcing activities.

  9. 9
    LOWEST LABOUR COST IN THE EU

    Highly trained and qualified employees. English is widely spoken.

  10. 10
    PERFECT LOCATION

    Situated on the main road between Europe and Asia and in the centre of the Balkan Peninsular, Bulgaria is more than a good business choice. There are 4 Pan-European transport corridors that cross the country and make their connection in Sofia. You are in Europe and in 3 hours in Brussels, London or Paris.

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    ADDRESS

    Office Bulgaria
    Nikolai Haitov Str.2 1113 Sofia, Bulgaria

    PHONE

    +31(0)612212933

    EMAIL

    office@globalaccountingservices.eu