Why Bulgaria

Bulgaria

One of the most favorable countries in Europe for investment opportunities

NATO and EU Member since 2007

As a member of the EU, Bulgaria is constantly improving its laws and business practices to attract foreign investment, promote employment growth, and raise the standard of living.

Financial Stability

Strong real GDP growth rate; low inflation rate; low currency risk; investment-grade credit rating by major rating agencies

EU’s Most Favorable Taxes

10% corporate and individual flat income tax rate; two-year VAT exemption for imports of equipment for investment projects; two-year depreciation schedule for new manufacturing equipment; R&D expenditure write-off; zero VAT tax for targeted industries

Quality Labor Force

Highly-skilled, multilingual workforce; the lowest labor cost in Europe; university-educated specialists; high percentage of college and vocationally-trained graduates

Steady Еconomic Growth

The Bulgarian economy has high GDP growth, and foreign debt to GDP ratio is very low.

Developed banking system

In recent years,many foreign banks have established offices in Bulgaria. Among these are Bulgarian-American Credit Bank, Raiffeisen Bank from Austria, Societe Generale Expressbank from France,and Unicredit Bulbank from Austria.

Extensive and well-developed transportation infrastructure

Bulgaria has an excellent strategic and geographic location as a bridge between Europe and Asia. Bulgaria has two large easily-accessible seaports on the Black Sea.

Subsidies from European Union for targeted industries

As a member of the European Union, Bulgarian companies are eligible for subsidies if they operate in the targeted-for-development industries.

Property rights are guaranteed by the Bulgarian government

The Bulgarian constitution declares private property inviolable; property rights are guaranteed and protected by law.

Bulgaria is connected to the world

High-speed and low-cost internet connection is available in all corners of the country. Phone service providers operate 3G and 4G networks.

Foreign Investment in Bulgaria is growing every year

In the past few years, a significant number of international companies have opened offices in Bulgaria: Solvay, Umocore, Italcemente Group, Liebherr, Kraft, Nestle, American Standard, Philip Morris, Metro, Lindner, Praktiker, HP and SAP. Due to favorable financial policies, continuous economic growth, and political stability, Bulgaria has become very attractive for foreign investments.

Excellent climate, natural scenery, plenty of good food and hospitality

Are you ready to take your business to the next level?

There are large number of investment opportunities in Bulgaria and BCM can mitigate the risk and facilitate your business in the country.

Here are some facts for Bulgaria:

The country was founded in 681
NATO membership
EU membership
Area: 42,822 square miles
Population (2011): 7 364 570
University degrees: 22% of population
Native language: Bulgarian
Religion: 83% Orthodox Christian
Government: Parliamentary democracy
No currency risk, local currency is pegged to the Euro
Bulgaria has one of the EU’s most favorable taxes
Europe’s most competitive salary levels
Highly skilled, multilingual work force

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