Why Bulgaria

Why Bulgaria

 

 

Political and business stability

  • Bulgaria is a member of the European Union, NATO and WTO;
  • Stability of the currency is supported by the Currency Board, pegging
    the Bulgarian Lev to the Euro at the level of 1.95583 Levs for 1 Euro;
  • Free movement of capital;
  • Investment Rating from the big rating companies;
  • Governmental support for priority investment projects.

 

The most favourable tax regime in Europe

  • Corporate income tax flat rate is 10%;
  • Personal income flat tax is 10 %;
  • 0% corporate tax rate for industries in high-unemployment areas;
  • 5% withholding tax on dividends and liquidation quotas (0% for EU tax
    residents
    )

 

Strategic location

  • Located at the heart of the Balkans,
  • Strategic logistics hub;
  • Ease of transportation of cargo;
  • Five Pan-European corridors (IV, VII, VIII, IX, X), which pass through
    the country;
  • Four major airports: Sofia, Plovdiv, Bourgas and Varna;
  • Two main seaports: Varna and Bourgas and many smaller ones;
  • Numerous ports at the Danube River.

 

Direct access to key markets

  • European Union – zero tariff market with population of 500 million;
  • CIS – still not well penetrated market with a high potential;
  • Turkey – zero tariff market of near 80 million population;
  • Middle East – a market with high purchasing power;
  • North African market.

 

Human resources

  • Work force is well educated, highly skilled and multilingual;
  • The most favourable costs for personnel in Europe;
  • Option to pay by one year the minimum wage and social and health
    insurance for employing young people and disadvantaged people through
    the Employment Agency.

 

And more:

  • Lowest operating costs in Europe;
  • Beneficial levels of rental costs for office space and equipment;
  • Excellent climate, culture, nature, traditions, food and hospitality;

 

 

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