Bulgaria is a member of the European union since 2007 and provides significant benefits for European companies that would like to extract benefits.
Some of the benefits of opening a branch of your company in Bulgaria are:
– Lower corporate tax – limited to 10% from the profit of the entity
– Lower social security taxes for the workers – from 20% to 30% from the Gross salary (depending on the size of the salary – the higher the net salary of the worker, the smaller the percentage.
– Up to 2 hours flight from Berlin, Amsterdam, Brussels, Vienna, etc.
– Same working time zone – Bulgarian time zone is EET, which is only 1 hour difference with CET time zone (Berlin time, Amsterdam time, Brussels time, Vienna time).
– Standard VAT is 20% – Bulgaria is a member state of the European Union and all EU VAT rules are applied for the transactions from and to Bulgaria.
– And more and more…
For more information please click here to contact us.
