Why Invest in Bulgaria ?

Stable political environment & low country risk:

• EU membership;
• Access to the large European market with over 500 mln consummers.

Macroeconomic and financial stability:

• real GDP growth rate: -5.0% (2009); 6% /2008/;
• inflation rate, annual change - 0.6% (2009);
• unemployment rate - 9.1% (2009);
• no currency risk, local currency is pegged to the Euro;
• budget surplus /GDP  (-1.9% in 2009);
• investment grade credit rating by major rating agencies.

EU's most favourable taxes:

• 10% corporate income tax rate; 0% in high-unemployment areas;
• 10% flat tax rate on personal income;
• 2-year VAT exemption for imports of equipment for investment projects over € 5 mln, creating at least 50 jobs;
• depreciation of 2 years for computers and new manufacturing equipment;
• opportunity for R&D expenditure write-off;
• 5% withholding tax on dividends and liquidation quotas (0% for EU tax residents).

Strategic geographic position as a bridge between Europe and Asia.

Labour force:

• Highly skilled, multilingual work force;
• Europe's most competitive salary levels;
• 45,000 Bulgarian students in Europe.

Europe's lowest operational costs.

Free movement of capital.

No restrictions on after-tax repatriation of profits.

Up to 1 year minimum salary and reimbursement of social/health care security for employing young people and disadvantaged people through the Employment Agency.

Government financial support for priority investment projects.

Excellent climate, natural scenery, food and hospitality.