WHY BULGARIA

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.

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.

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

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

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.

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.

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

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.

Highly trained and qualified employees. English is widely spoken.

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.