Monday, 25 February 2013

Why start a business in Bulgaria?


-Stable political- entrepreneurial climate 
- EU-membership since 1 January 2007
-Free trade with EU-partners like EFTA, Turkey, the countries around the Mediterranean, the West-Balkans,  South Africa, Mexico, Chilli, etc. 
-10% entrepreneur tax 
-VAT exemption on the importation of tools for investment projects of over 5 million euro
- 30% annual depreciation for machinery and equipment, 50% for soft-/hardware and new equipment, used in new investment projects or expansions
-Agreements for the prevention of double taxation with 61 countries, including the Netherlands
-Agreements for the improvement of mutual protection of investments with 60 countries, including Belgium
-Acquisition of land and real estate is possible via a company registered in Bulgaria with 100% foreign ownership
-Excellent climate, beautiful nature, great cuisine and outstanding hospitality