Many expats come to Bulgaria with the idea to start a new business or move the one that they have in their home country and take advantage of the favourable taxes and business climate in the country. Note that you can register a company here from another country without necessary coming to Bulgaria. This can be done through the Power of attorney. Yоu dоn’t nееd tо bе а Вulgаrіаn rеѕіdеnt tо bе аblе tо hаvе а соmраnу іn thе соuntrу. Наvіng а соmраnу mаkеѕ іt еаѕіеr tо rесеіvе а Вulgаrіаn rеѕіdеnсе іf уоu nееd оnе. Starting business in Bulgaria is becoming very popular. Every year more and more people and companies from all over the world are coming to Bulgaria to enjoy one of the most conducive business environments in Europe. Many foreign companies and investors prefer to set up a business in Bulgaria, because our country is a member of the European Union (EU), NATO, the Council of Europe and the World Trade Organization (WTO). Bulgaria has one of the most liberal tax regimes in Europe and also is the cheapest country-member of the European Union in food, clothing and rent.
What are the benefits of a company in Bulgaria?
You need to set up a new business or to invest in Bulgaria or YOU JUST WANT TO BENEFIT FROM THE LOWEST TAXATION WITHIN THE EU?
Bulgaria has become a very popular jurisdiction for tax optimization and running businesses due to many internal and external factors.
Bulgaria has the lowest taxation within the EU. Corporate Profit tax (flat tax) – 10%. Bulgarian tax legislation is completely synchronized with the EU legislation. Government policy is focused on building a favourable business climate for foreign investors.
Bulgaria joined the European Union in January 2007. Since 1998 the local currency rate has been fixed to the euro: EUR/BGN = 1.95583.
Fast and Easy Procedures
It takes only several days to register a new company in Bulgaria. The minimal start-up capital is only 1 EUR. International VAT registration takes up to 10 days.
The biggest European banks are represented in Bulgaria. This facilitates perfect organization for E-banking.
Double Tax Avoidance
Bulgaria has signed Double Taxation Treaties with 68 countries all over the world.
Low Business Costs
Low-cost highly-trained employees, very affordable rents, excellent value for real estate.
Situated on the main road between Europe and Asia and in the centre of the Balkan Peninsula, Bulgaria is more than a good business choice. There are 4 Pan-European transport corridors that cross the country and 3 of them make their connection in Sofia.
TO BE SUCCESSFUL
Take your business to next level
You want to take advantage of all the benefits that registration of a company in Bulgaria provides, You want to establish trade partnerships, outsource some of your activities or to provide your goods and services on the local market? Do not hesitate to contact us. We will help all this happen.