Why invest in Bulgaria?

• Highly-skilled, multilingual workforce at Europe's most competitive wages;  
• Stable and predictable business and political environment;
• EU membership since January 1, 2007;
• The lowest operational costs and tax rates in Europe;
• Industrial goods traded duty free between Bulgaria and the EU, EFTA, CEFTA and Turkey;
• 10 % corporate income tax rate  (January 1-st, 2007);
• VAT exemption on equipment imports for investment projects over EUR 5 million;
• Annual depreciation rate of 30% for machinery & equipment, 50% for new equipment used in entirely new investment or expansion and 50% for software and hardware;  
• Acquisition of land and property through Bulgarian registered company with 100% foreign ownership;  
• 58 treaties for avoidance of double taxation;
• 56 agreements on mutual protection and promotion of foreign investment;
• Excellent climate, natural scenery, food and hospitality.