0 TAX IS GONE!!!
PAYING TAXES AT A REASONABLE RATE IS OUR NEW GOAL
MID-SHORE OPTION MIGHT NOT BE THE DREAM OPTION, BUT IT IS THE BEST WE HAVE TODAY

WHY BULGARIA
- Perfect Location
- Political Stability
- Stable country
- Less Financial Risk
- Tax Benefits
- Lowest Corporate Tax in the EU
- Lowest personal income tax in the EU
- Lowest social security contributions in the EU
- Low Business Costs
- Fewer rules compared to Western Europe, so good business climate
- Government policy focused on building favorable business climate for foreign investors.

BULGARIAN TAX SYSTEM

TAXATION – LEGAL FRAME
- Bulgaria applies a worldwide income tax system and residents are taxable on their worldwide income at a rate of 10%
- Bulgarian companies are subject to a flat tax rate of 10% and the taxable profit is the annual financial result adjusted for tax purposes.
- Tax rates could be increased only if voted by 2/3 of the parliament members
- Since 2007


Sick and tired of paying taxes?
Become a Bulgarian tax payer!
BULGARIA TRADING COMPANY
- The Bulgarian trading company purchases and sells goods or services
- The goods or services are directly delivered by the supplier to the final client
- As a result the profit is transferred into the Bulgarian company, where profit is taxed at 10%

BULGARIA CONSULTANCY COMPANY
- The services are directly provided to the client/employer, but the Bulgarian company issues the invoices and collects the income
- The individual owner can receive a salary from his Bulgarian company, which is taxed at 10% in Bulgaria
- The individual owner can make personal spending from the Bulgarian company, which will be taxed at 14.5% in Bulgaria
- The individual owner can transfer funds to third countries (non EU), which will be taxed at 14.5% in Bulgaria


BULGARIA HOLDING COMPANY
- The services are directly provided to the client/employer, but the Bulgarian company issues the invoices and collects the income
- The individual owner can receive a salary from his Bulgarian company, which is taxed at 10% in Bulgaria
- The individual owner can make personal spending from the Bulgarian company, which will be taxed at 14.5% in Bulgaria
- The individual owner can transfer funds to third countries (non EU), which will be taxed at 14.5% in Bulgaria
10% PERSONAL INCOME TAX
FISCAL RESIDENCY – THERE IS
NOTHING TO DO WITH CITIZENSHIP
BULGARIAN ID CARD AND TAX RESIDENCY
- Social insurance number and ID Card
- Staying in Bulgaria – substance
- Center of vital interest – substance
- Personal income tax return
INVESTMENT AND BUSINESS OPPORTUNITIES IN BULGARIA
LOW BUSINESS COST
- price of office premises class A 1,000-1,500 €/sq.m
- price of regulated plots 15 €/sq.m
- price of agriculture land 400 €/decare (1000 sq.m)
- Low cost of utilities. Bulgarian cost of electricity for industrial users is 70% of the European average

LOW LABOR COST
- Average salary is lower when compared to other EU countries
- Average salary in Bulgaria € 600/month
- Employees:
-
- highly educated
- experienced
- well trained
- fluent foreign languages speakers