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Tax benefits in Bulgaria:

  • Corporation tax on profit is 10%
  • Tax on dividends is 5%
  • Personal income tax is 6-10%
  • Social taxation of salary is applied only to the first 1000 EUR of income per person per month, monthly personal income above 1000 EUR is free from the social tax
Cost of doing business in Bulgaria is very attractive. Bulgaria offers foreign investors some of the world's most competitive business costs. Real estate investment has produced a plentiful supply of modern offices at very competitive costs. Corporate taxes and labour costs are quite low for European standards. Privatization and deregulation are creating sophisticated public utility and telecommunications industries.
The literacy rate in Bulgaria is 93 percent. Children go to school from the age of 7 ands stay on till 18 years old. There are over forty Higher Education institutions in Bulgaria offering degrees at the undergraduate and graduate level. There are nursery schools available from the age of 2 years old and this gives children a relaxed atmosphere to learn the language when coming to live here. There are also schools which teach 100% in English for the English speaking students.
Bulgaria is making a considerable effort to offer the lowest corporate taxes in Europe. Corporate tax rate in 2007 went down to 10%, deductions are also allowed.
Bulgaria has a very strategic geographic location. Its position on the European continent allows investors to reach the entire market of the European Union and the markets of central and eastern Europe.