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| Joint Venture Company in Bulgaria |
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Joint Venture is a company formed jointly by a Bulgarian and a foreign partner. The size of the foreign participation in a joint venture is not limited. Joint ventures must take one of the forms of business entities pursuant to the Bulgarian Commercial Code. Establishment of a joint venture is one of the most popular forms for investing in Bulgaria.
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SNAPSHOT OF BULGARIA |
| CORP. TAX |
10%! |
| INCOME TAX |
10%! |
| GDP 2011 |
€ 38.6 B |
| GDP 2012 Q1 |
€ 8.06 B |
| Inflation |
1.7% |
| Unemployment |
12.9% |
| GDP growth 2011 |
1.7% |
| GDP growth Q112 |
0.9% |
| FDI 2011 |
1,341.2 B |
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