BULGARIA

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.
Types of Bulgarian companies
  • Limited Liability Company:
    EOOD is a limited liability commercial entity with only one (sole) limited shareholder.
    OOD is a limited liability company consisting of two or more limited shareholders. The minimal start-up capital has been set up to only €1. International VAT registration is relatively straightforward procedure and it normally takes 10 days. Bulgaria has role as important tax optimization country in the EU.
  • Joint-Stock Company: Either sole-owned (EAD) or with multiple shareholders (AD)
    There is no limitation on the number of shareholders participating in a joint-stock company. The minimum share capital requirement for incorporation of a joint-stock company is approximately EUR 25.000. One-tier (Board of Directors) and two-tier (Board of Directors acting under Supervisory Board) management systems can be established.



    Our services are designed for individuals and business owners considering expansion projects in foreign markets.

    We will clarify and summarize complex issues so you can enjoy hassle-free and successful procedure.

    Regardless of the industry you are operative, trading company, service provider, or a manufacturer, you can turn to us for a professional advice and assistance.

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    Tel: +1 (202) 350-9293

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