Bulgaria is a parliamentary republic situated in the heart of the Balkan Peninsula at the south - east part of Europe. It is a member of NATO since 2004 and of the European Union since 2007. The territory of Bulgaria is almost 111,000 sq. m. inhabited by 7 million citizens. Political stability, high educational level of the population and very low corporate and personal income taxes (10% flat) make Bulgaria a very attractive place for foreign investments.
However there are a number of issues which you must consider when you are looking to set up your business in Bulgaria. This document takes you through some of the common questions we come across and gives you practical information about the issues you need to consider.