What do the Numbers Say? For the past 2018, foreign direct investment in Bulgaria has exceeded 1.5 billion euros. Data are available from the Bulgarian National Bank (BNB). After subsequent adjustments, the amount is expected to increase further. Against this backdrop, in 2018, direct foreign investment is already € 189Continue Reading
With Bulgaria joining the EU in 2007, the country has become an even more attractive place to do business and opening a company. The low flat income tax of 10%, the strategic geographic position and the foreseeable financial policy of the country, attract more and more investors. For example, inContinue Reading
1. When you are in Bulgaria, beware of the some gestures (especially during business negotiations). For example: head nod will be seen as “no”! And the negative shake head – like “yes”. 2. The first electronic wrist watches appeared in Bulgaria. They were invented by the engineer-inventor Peter Dimitrov PetrovContinue Reading
The end of the “offshore subsidiaries”. Or not quite? If the State Agency for National Security determines that there may be a risk for money laundering or financing of terrorism, it may prevent the registration of subsidiaries and representative offices of companies that do not apply the latest EU antiContinue Reading
Do you want to start a business in Bulgaria? Start your own company here? This material will help you orient yourself in the political and economic situation in the country. We continue with the presentation of the business risks that British businessmen in Bulgaria could face. The article uses informationContinue Reading
This is an article that uses information from material published on the official website of the British government www.gov.uk. In it, the subjects of Her Majesty the Queen of Great Britain has been informed extensively about the possible business risks in Bulgaria if they decide to make a company inContinue Reading
Am I ready to start business relations? Upon registration of a company, the Company receives the UIC (Unified Identification Code). Through it, any interested person can see public data about the newly established Company, which are published in the Commercial Register of the Republic of Bulgaria (full name, address ofContinue Reading
The nature of VAT Value added tax, or VAT (MwSt, BTW, etc.) is one of the least understood tax in the corporate world. In fact this is the tax that we all pay – no matter where we live or how much we earn. If you think that you areContinue Reading
What actually is the Bulgarian state bond? Government securities are debt instruments issued by the Government of the Republic of Bulgaria, the holders of which receive bonuses in the form of interest payments at fixed dates. These payments are constant and based on a predetermined percentage. Government Securities are notContinue Reading
