As the latest EU entrant, legislation in Bulgaria is designed to be advantageous to foreign investors and the income tax regime is amongst the lowest in Europe. A 10% flat tax on all sources of income and favorable tax treaties with its European partners. Bulgaria outcompetes other EU member states by offering fabulous opportunities for both companies and individuals.
- Tax benefits: Corporate Profit Tax at a flat rate of 10%.
- Less risks: Since 1998 the local currency rate has been fixed to the Euro: EUR/BGN = 1.95583.
- Fast and easy procedures: Up to several days to register a new company in Bulgaria.
- Banking facilities: The biggest European banks are represented in Bulgaria.
- Double tax treaties: Bulgaria has signed Double Taxation Treaties with 58 countries worldwide.
- Low business costs: Low-cost, highly-trained employees, very affordable rents, excellent value for real estate.
- Perfect location: Situated on the main road between Europe and Asia. There are also 4 Pan-European transport corridors that cross the country, with 3 of them making their connection in Sofia.