Lmlegalservices

Mon-Fr: 09:30-18:30 EET

office@lmlegalservices.com

Benefits of setting up a business in Bulgaria

Benefits of setting up a business in Bulgaria

There are many great reasons for setting up a business in Bulgaria.

One of them is that Bulgaria has one of the lowest corporate tax rates in the European Union, at just 10%. This makes it an attractive option for businesses looking to reduce their tax burden. Also, Bulgaria has a highly-educated and skilled workforce, with a large pool of computer scientists, engineers, and other professionals. Another great reason is that Bulgaria is that the country is centrally located in the Balkans and has access to many of the key markets in the region, including Turkey, Greece, and Romania. Furthermore, Bulgaria ranks highly in the World Economic Forum’s Global Competitiveness Report, with a strong focus on business innovation and technology.

Also, Bulgaria has several government and private funding programs available for businesses, making it easier to finance new projects.

Other great reasons for setting up a company in Bulgaria are the low labour costs and low cost of living. Bulgaria has some of the lowest labour costs in the world, making it an attractive option for businesses looking to reduce expenses. Also, Bulgaria has a relatively low cost of living compared to other European countries, making it an attractive option for entrepreneurs and investors. Additional benefits for setting up a business in Bulgaria include Rolling Currency, EU Membership, Infrastructure and Efficient Government. The Bulgarian lev is pegged to the euro, making it easier for businesses to manage their finances and transfer money internationally. Also, Bulgaria is a member of the European Union, allowing businesses to benefit from the free movement of goods, services, and capital. Furthermore, Bulgaria has excellent infrastructure, with good roads, railways, and ports, making it easier for businesses to transport goods and services. Additionally, Bulgaria has a well-functioning government that supports businesses and provides a stable and predictable business environment. More about “business in Bulgaria” here.

Latest news

Benefits of setting up a business in Bulgaria
Benefits of setting up a business in Bulgaria
There are many great reasons for setting up a business in Bulgaria. One of them is that Bulgaria has one of the lowest corporate tax rates in the European Union, at just 10%. This makes it an attractive option for businesses looking to reduce their tax burden. Also, Bulgaria has a highly-educated and skilled workforce, […] See more
start a company in Bulgaria
Start A Company in Bulgaria
An attractive destination-Start A Company in Bulgaria Bulgaria, situated right in the middle of the Balkans. In southeastern Europe, on important world cross-roads, has become an attractive destination for both foreign professionals seeking employment and businessmen searching new opportunities and ways to establish new companies. Strategic location, affordable living costs, and a growing economy – […] See more
opening a company in Bulgaria
Opening a Company in Bulgaria
Opening a Company in Bulgaria? If you open a company in Bulgaria you will take advantage of the lowest corporate tax in the EU of just 10%. However before you proceed with the opening you need to take some important decisions as part of your preparation and planning. The first most important issue is to […] See more