Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market

  • Investing in Bulgaria - Workforce Availability

  • Investing in Bulgaria - Taxes in Bulgaria

  • Investing in Bulgaria - Operational Costs in Bulgaria

  • Investing in Bulgaria

Investing in Bulgaria

Workforce Availability

In 2006, the population in working age is 4,820,000 people, or 63% of the entire population. The population above working age is 1,740,000 people; and the one below working age is 1,200,000 people. There is a downward tendency for the entire population, which calls for the need of investment in human capital.

Employer Contributions in Bulgaria

Pension, General illness and maternity, Unemployment contribution, Health insurance, Guarantee fund for salaries, Work accidents and job related illness

Taxes in Bulgaria

Bulgaria is making a considerable effort to offer the lowest corporate taxes in Europe. Corporate tax rate is 10% (the lowest in the European Union) and is 0% in areas of high unemployment.

Income Tax Brackets in Bulgaria

Flat 10% income tax! Bulgaria at present practically has the lowest tax rates in Europe after the introduction of flat corporate and personal income tax rates of 10% in 2008. Over the last decade and a half, a number of countries, mostly in Eastern Europe, introduced flat-rate taxation.

Hiring and Firing Workers in Bulgaria

As recruiting staff for your Bulgarian operations you do need to bear in mind some requirements that need to be followed to comply with local legislation. The link below shown a detailed description of common issues that employers need to consider while hiring and letting go of local personnel.

Operational Costs in Bulgaria

Summary of basic business operational costs in Bulgaria.

Average Salaries in Bulgaria

2013 information of salaries for basic positions.

Bulgarian Business Culture

Interesting things to know about the Bulgarian business culture

Featured District
PAZARDJIK DISTRICT AND CITY INFORMATIONPazardjik
Invest Bulgaria Charts
Net Foreign Assets of Bulgaria
Net Foreign Assets of Bulgaria

Unemployed People in Bulgaria
Unemployed People in Bulgaria

See all charts
Did You Know?
Cost of Construction in Bulgaria
Cost of Construction in Bulgaria
Cost of construction is about 4-5 times cheaper than the one in Western Europe ... More

Sofia Subway was launched in January 1998 and is the first and only network of this kind in Bulgaria. The largest streams of passengers now are reaching up to 40,000 people during rush hour. After the completion of the subway system, it will have 47 stations and capacity of more than 1,000,000 passengers per day.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2017 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Printing Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works


Our Featured Members