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;