If you’ve been thinking about starting a business for a while, chances are you’ve got an idea of what your business location is going to look like. Choosing the right location is about so much more than finding the place that looks closest to the one you’ve envisioned.

It’s about being somewhere your customers will see you, about being in a competitive location, about staying within budget, and about meeting local and state regulations and laws.

Here’s why Bulgaria might be just the right place for your business endeavours:

  • Bulgaria is a member of the European Union, NATO and WTO. The stability of our currency is supported by the currency board, pegging the Bulgarian lev to the euro at the level of 1.96;
  • Located at the heart of the Balkans, Bulgaria is a strategic logistics hub, providing direct access to all key markets in Europe, Middle East and Asia;
  • Bulgaria has the most favourable tax regime in Europe:
    • Corporate income tax rate is 10%, being the lowest in the EU;
    • Personal income tax is 10 %, flat rate;
    • Industries in high-unemployment areas are granted 0% tax rate;
    • Withholding tax on dividends and liquidation quotas is only 5% (0% for EU tax residents).
  • Bulgaria has one of the most competitive costs of labour in Central and Eastern Europe, our work force is well educated, highly skilled and multilingual;

We are here to support you start and develop your activities in Bulgaria in an unimpeded manner. Find more about our areas of expertise here.

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