Today we will try to shed some light into the mysterious field of providing nominee corporate (and personal) services. So what is a “nominee service”? And are any such arrangements legal at all? The basics Nominee service is acting on someone’s behalf in order to manage his finances or businessContinue Reading
Cushman & Wakefield`s Annual Ranking of Office Space Worldwide Sofia is the capital city with the lowest office costs in Europe, according to Cushman & Wakefield, an annual ranking of Office Space Across The World. The study covers 215 markets in 58 countries. It is based on information gathered fromContinue Reading
Bulgaria is becoming an increasingly attractive target for large business companies and organizations. However, more and more Russians, British, Japanese, Chinese, Americans are settling permanently with their families in Bulgaria. Many of them decide to start a business in our country. For them, basically, we wrote this “manual”. Step No.Continue Reading
EOOD & OOD The Bulgarian abbreviation for Ltd – “EOOD”, means: “Sole Limited Liability Company.” OOD and EOOD are one and the same thing except that OOD consists of at least two partners and EOOD only one. It is also a company, though it consists of one person. HowContinue Reading
Although new industrial projects are being implemented in Bulgaria, foreign investors do not miss out on their concerns and inconveniences. These are observations over the years that hinder their activity. Such as labor market imbalances and infrastructure problems. Austrian companies – foreign investor #2 Austrian companies are among the mostContinue Reading
Buy a ready-made business in Bulgaria or create your own? Prices for an existing business in Bulgaria can seem very attractive to a Russian citizen. $ 80 thousand for a cafe in Sofia. A dairy plant in the suburbs of the capital for only $ 3 million. Or a smallContinue Reading
There is another significant business sector in which Russians feel at ease in Bulgaria. This is work with compatriots in a broad sense: with all who came to the country from the former Soviet republics. This market sector is difficult to attribute to large. For the most part, it doesContinue Reading
Bulgaria has always been attractive to Russian business. Еven if it is not the richest country in the EU. Neither is the most orderly. Bulgaria is not the most democratic also. Outside the top 100 countries in the world is by criterion: Freedom of speech in the media. However, moreContinue Reading
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
