You need to set up a new business or to invest in Bulgaria or you just want to benefit from the lowest taxation within the EU?
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?
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 synchronized with the EU legislation. Government policy is focused on building a favourable business climate for foreign investors.
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.
The biggest European banks are represented in Bulgaria. Perfect E-banking facilities. Stable and secure Bank system.
Double Tax Avoidance
Bulgaria has signed Double Taxation Treaties with 80 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.
Less Financial Risk
The local currency Bulgarian Lev (BGN) is fixed to the EUR (1 EUR = 1.95583 BGN) since 1998. Bulgaria is expected to be accepted in Schengen in 2019 and to be accepted in EURO zone by the end of 2020..
Low Business Costs
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.
Lowest Labour Cost in the EU
Highly trained and qualified employees. English is widely spoken. The Bulgarian capital Sofia is one of the European cities with fastest growing GBP and was ranked among the top 10 best performing cities in Europe in 2017.
Situated in the heart of Europe 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. One to three-hour flight to most EU capitals.