Invest in Bulgaria
Bulgaria is no heaven on earth but has just the right ingredients to be interesting for investors.
Consider this
Corporation
Profit tax 10%
Dividend tax 5%
VAT 20%
VAT payment monthly
Profit tax payment annualy
Min. incorporation capital 2 BGN (1 EUR)
Employees
Minimum gross wage 240 BGN
Minimum net wage 189.96 BGN
Total taxes on net wage 47.77%
Total paid by company 280.56 BGN
Economic environment
Low property prices
Low accommodation rent
Low industrial facility rent
Low inflation (2.5% in 2009)
Flat EUR exchange rate (1 EUR = 1.95 BGN)
Low labour cost
Ask yourself
Why would Bulgaria
- have the lowest corporation tax?
- change the minimum founding capital from 5000 BGN to 2 BGN?
- simplify the company registration process?
All this means business
You should start a business here
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