Bulgaria has one of the lowest income tax rates in the EU. Companies registered in the country are subject to a flat tax rate of 10% and the taxable profit is the annual financial result adjusted for tax purposes. Bulgaria also offers a low cost business environment including low property prices along with very well developed Internet infrastructure allowing fabulous opportunities for outsourcing activities to a Bulgarian subsidiary. Individual income tax is also set at a low 10 % flat rate.
We have expertise and can handle all aspects of:
- company formation and registration;
- company liquidation and bankruptcy proceedings;
- drafting of partnership agreements and various other documents related to the business activity of the company;
- solutions and advice on tax and VAT related issues;
- company secretarial support, registered office and accountancy;
- drafting, advising and negotiating commercial/trading contracts;
- litigation before the courts in cases related to business activities.
Through our international partners, we can assist with offshore company and bank account registration in foreign jurisdictions, if our client’s needs and goals require it.