About Bulgaria

  • 5 Pan-European corridors cross our country, connecting Europe with the Middle East and Asia;
  • Well-developed infrastructure with airports in the 4 largest cities Sofia, Plovdiv, Varna and Burgas;
  • Sea and river ports with well-developed terminals. As a member of the EU, Bulgaria offers free exports to all the other member states, separately the country has over 40 trade agreements with over 80 countries;
  • Bulgaria offers highly qualified specialists in all sectors of the economy;
  • Our country has a system of language high schools and there are 54 accredited higher education institutions. Statistics also show that every second Bulgarian speaks at least 1 foreign language;
  • Competitive prices for doing business: attractive cost of utilities and office space rents;
  • Bulgaria is a member of the Currency Board, through which the Bulgarian lev is pegged to the Euro at the rate of 1.95583;
  • Apart from being an attractive investment destination, Bulgaria is also preferred by millions of foreign tourists every year because of the unique climate with 4 seasons, the incomparable nature, culture and traditions;
  • Take the first step and let us welcome you with strong institutional support and attractive investment incentives. Invest in Bulgaria!
0
6.4
M

Population

0
84.000

Billion GDP

0
12.294

GDP per Capita

0
3.173

billion foreign direct investment

0
0
%
0
50.815

Billion Imports

0
45.926

Billion Exports

0
0
%
0
5
%

Withholding tax on dividends distributed to non-EU/EEA companies

0
34.8
%

Taxes on labor as % of labour costs

0
10
%

Flat Corporate and Personal income tax Rate

0
20
%

VAT

Financial stability

Highly Competative Operational Costs in EU

0
3.4
%

GDP growth in 2022

0
54.2
%

Employment rate GDP

0
4.3
%

Unemployment rate 2022

0
3.1
%

GVA Growth

  • Sustainable and predictable business environment;
  • One of the lowest budget deficit/surplus in EU – in the last two decade;
  •  Sustainable Fiscal responsible policy;
  • Currency board /25 years/ – BGN is packed to the EURO on a fix rate – no currency change fluctuation;
  • Sustainable and reliable financial system – very competitive interest rates;
  • Low inflation rate in the past 25 years;
  • Stable financial system – high credit rating;
  • Export oriented economy.

Incentives

As certified investor, a company can benefit from the following incentives:

            Financial

  • Financial support for training;
  • The social security cash back;
  • Financial support for construction of elements of the technical infrastructure;
  • Cash Grant.

              Non-financial

  • Shortcuts on administrative terms;
  • Individual administrative and information support;
  • Interdeparmental task force for institutional support;
  • Establishment of public-private partnership with municipalities, universities and other organizations;
  • Acquisition of land or limited rights in rem over immovable
    property without tender procedure;

Did you know?

  • Bulgaria ranks 3rd in terms of cultural and historical heritage in Europe;
  • Bulgaria is in Top 10 countries in the world with fastest mobile internet connection;
  • In Bulgaria has been found the oldest golden treasure in the world.
  • 49,5 % of the population speaks at least one foreign language;
  • 3rd in the world of I.T. Specialists per capita;
  • Bulgaria is at the top of the world rankings in mathematics.
  • In 1976 UNESCO declares the proto-Bulgarian calendar the most accurate in the world.