Register a company and establish your business in Bulgaria.
Over the last 10 years, Bulgaria has become an attractive destination for business – a huge number of international companies have already opened their offices in Bulgaria. Numerous investors from Germany, France, Italy, Spain, Greece, Turkey, UK, USA and many other countries has decided to invest in Bulgaria and to establish their business activities in the country. And the foreign investments are increasing every year. The company registration in Bulgaria has become very popular. Located in the Southern-Eastern part of Europe, Bulgaria is a strategic destination. It is also a bridge between Europe and Asia. The country has a stable political and business environment, is a member of NATO and the European Union.
Bulgaria is one of the best locations for your company and business.
The main advantages to establish your business and to have a company registration in Bulgaria are:
- Low tax rates
- Low labor costs
- Low business costs
- Excellent business environment
Bulgaria offers the most favorable tax regime in the EU:
- 10% corporate tax rate
- 10% personal income tax, flat rate
- 5% withholding tax on dividends
- 20% VAT rate
- Over 65 bilateral contracts for avoidance of double taxation
The most competitive labor costs in the EU:
- Educated, skilled and highly qualified workforce
- Multilingual workforce – 98% of the young people study a foreign language – usually English, and 76% study a second language – French, German, Spanish, Italian…
- One of the lowest salary levels in the EU
The most competitive business costs in the EU:
- Low office rents – in Bulgaria you will find top-quality office space at low prices in the established business parks and business buildings
- Low utility costs – for example, Bulgarian cost of electricity for industrial users is 70% of the European average
- Low administration costs
Excellent business environment:
- 1 EUR is the required capital for the registration of a limited liability company
- 3-7 days for a company registration in “The Trade Register”
- Easiness of obtaining credit from banks
- Political and economic stability
- EU, NATO, and WTO member – Bulgaria is a member of the European Union since 2007, member of NATO since 2004, and member of the World Trade Organization since 1996
- Strategic geographic location – offers direct access to global markets like: EU and EFTA; Turkey and The Middle East; Russia and CIS
- Better developed logistics than most Balkan countries – 5 Pan-European transport corridors
- Bulgaria ranks 14th place for internet speed in the world according to the Speedtest survey
BB Consulting as accounting house and provider of high-quality accounting services will help you to correctly establish your business in Bulgaria and to set it up for success. With us you will secure your company for legal and tax compliance.
We offer you:
- Consultancy services, legal and accounting advises
- Company registration in Bulgaria
- Accounting services
- Payroll services
- Taxation
- VAT registration
- Preparation of reports for the needs of your business