A small country with big opportunities!

Stable currency:

The Bulgarian Currency Lev has been coupled with a fixed exchange rate to the German Mark. With the introduction of the European currency EURO the coupling was maintained. 1 EUR is equivalent to 1,955 BGN.

Bulgaria is one of the fastest growing economies:

In comparison to other eastern and southern European countries Bulgaria has good public finances. In 2012 Bulgaria was on the 3rd place of the economies with the strongest growth according  to the statistics of the European Union.

Bulgaria has one of the lowest tax rates in the E.U.:

10% corporate tax - 10% income tax - 5% dividend tax

Bulgaria is among the countries with the lowest tax burden in the European Union. For profits that companies generate such as the Bulgarian form of a Limited company ( EOOD / OOD ) they have to pay only 10% flat tax. Unbelievable but true: 10% tax rate regardless of the amount of the profit.

Establishing of a company is possible for everyone:

Bulgaria is a member of the EU and the principle of free movement of people , capital and goods is also valid for Bulgaria. After the company is founded a tax consultant can direct apply for a EU-VAT-number and with that number the company can do business in the whole EU. It is possible to open at Bulgarian banks accounts  with internetbanking , debit and creditcards etc.

The minimum registered capital for setting up a Bulgarian limited company is only two BGN which are 1,02 EUR . It is also possible to start a limited liability company with only one shareholder on the same terms.

 

 
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