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Doing Business
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Doing Business
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The country’s accession to the EU and the improved investment climate of recent years has led to an increase in the number of foreign companies starting up in Bulgaria. Economic indicators have been rising at a stable pace. It is generally accepted that Bulgaria offers good opportunities for foreign investors and is seen as one of the newest outsourcing hotspots. |
Useful info
Setting Up a Company
Setting up a company
The two most preferred forms of carrying out business in Bulgaria are with a joint-stock company (AD) or a limited-liability company (OOD). Both types of companies develop their capital by individual shareholder contributions. Unlike the OOD sha.....| Read more
Taxation
Taxation
Bulgaria has reformatted significantly its taxation system to harmonise it with EU legislation.The tax year begins on January 1 and ends on December 31.Corporate taxIn 2006 Bulgaria’s Cabinet decided to decrease the corporate tax rate for .....| Read more
Accounting
Accounting
In 2003 Bulgaria introduced the International Financial Reporting Standards (IFRS) and all companies registered in the country are required to use them for their consolidated financial statements.Investors in Bulgaria should have in mind that si.....| Read more
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News
25B euro assistance for Central and Eastern European banks
Global development banks have launched a co-ordinated two-year plan to lend up to 25 billion euros to shore up banks and business in crisis-hit Central and Eastern Europe, Reuters has reported. The plans were signed by the World Bank, the Eur..... | Read more
