Business in Bulgaria
Key advantagesStrategic geographic position as a bridge between Europe and Asia
Stable political environment low country risk
EU`s most favourable taxes:
- 10% corporate income tax rate; 0% in high-unemployment areas
- 10% flat tax rate on personal income
- 2-year VAT exemption for imports of equipment for investment projects over € 5 million, creating at least 50 jobs
- depreciation of 2 years for computers and new manufacturing equipment
- opportunity for R&D expenditure write-off
- 5% withholding tax on dividends and liquidation quotas (0% for EU tax residents )
Double tax agreements with all significant world economies
Highly skilled, multilingual work force
Europe`s most competitive salary levels
Europe`s lowest operational costs
No restrictions on after-tax repatriation of profits
Government financial support for priority investment projects
Excellent climate, natural scenery, food and hospitality