Business in Bulgaria! Why here?
Written by Vasiliani Ltd.!Business in Bulgaria! Why here?
If you need to create a new or relocating your business , or to invest in Bulgaria or you just want to win from the lowest taxation within the EU, that is the place!
Now Bulgaria has become a very popular choice for opening business due to many internal and external factors. The main advantages of the country are follows:
Less risk
Bulgaria is a member of European Union from January 2007. Since 1998 the local currency rate is fixed to the euro: EUR/BGN = 1.95583. It is expected that Bulgaria will introduce the euro as its official currency in 2012.
Tax benefits
Bulgaria has the lowest taxation within the European Union. This tax legislation is completely synchronized with the E.U. legislation. Government policy is focused on building favorable business climate for foreign investors.
Easy and Fast procedures
It takes only several days to register new company. The minimal start-up capital was reduced to only 1 EUR. International VAT registration takes 10 days.
Double tax avoidance
Bulgaria has signed Double Taxation Treaties with 58 countries all over the world.
Low business costs
Low-cost high-trained employees, very affordable rents, excellent value for real estate.
Good location
Bulgaria is situated on the main road between Europe and Asia and in the center of the Balkan Peninsular. Bulgaria is more than good business choice. There are 4 Pan-European transport corridors that cross the country and 3 of them make their connection in Sofia-capital city of Bulgaria.
You can make good business on other big cities as: Plovdiv, Varna, Bourgas, Rouse, Vidin and Lom.
They have a very good location around major motorways, both local and European as Varna, Bourgas Vidin, Rouse and Lom are large marine (Black Sea) and river ports (Danube) which start international cargo ferry lines and freight corridors.
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Business and Taxation in Bulgaria?
























