Business in Bulgaria. Briefly about the advantages

At present Bulgaria is perhaps the most attractive country in Europe for investment in business. The absence of tax pressure from the state is reflected in the lowest corporate profit tax rate in the EU – 10%. Bulgaria’s economy today is oriented towards free market initiative, an increase in the number of private enterprises and a reduction in the number of state-owned enterprises.

Businessmen who have moved their business to Bulgaria come in time to greatly appreciate the high level of economic freedom they have gained, the possibility of steady development, and the absence of such notions as “corruption” and “shadow accounting”. In addition, Bulgaria has a strategic geographical location, magnificent natural resources and more optimistic forecasts of the country’s financial stability compared with other EU and CIS countries, despite the low standard of living of the population. According to European experts, the index of economic freedom in Bulgaria continues to rise gradually. Perhaps that is why enterprises from some European countries prefer to manufacture their products in Bulgaria and sell them in other EU countries.

The most advantageous acquisitions in terms of price are ready-made businesses seized by banks from borrowers during the past wave of the crisis. This applies in particular to industrial facilities in regions that are now developing rapidly. Also attractive to investors are the various services, construction and tourism sectors. In these sectors, according to the National Statistical Institute (NSI), business climate indicators are stable and rising smoothly.

If you are planning to relocate to Bulgaria, setting up a new business or buying a ready-made one is the right way to achieve that goal.

We offer you professional assistance in registering companies in Bulgaria, opening representative offices, legal consultation, accounting and reporting. You can ask any questions in the “Contacts” section. We will be glad to help!

Company registration in Bulgaria

Remote control of a company

Registration of a Trade representative office

Profit tax in Bulgaria

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