In recent years Bulgaria has developed as an attractive place for foreign investments in the area of industry and production. The advantages of Bulgaria as a production facility are many, some of which are:

• Bulgaria is a member of the European Union and as such ensures the free movement of goods, services, capital and workers. Bulgaria has a stable currency that is tied to the Euro at a fixed rate;
• Bulgaria has a stable public finances and low public debt;
• Bulgaria has a stable currency that is tied to the Euro at a fixed rate;
• the taxes in Bulgaria are among the lowest in the European Union - including corporate tax and income tax - 10% flat tax;
• labor costs are among the lowest in the European Union;
• the commercial property prices are relatively low;
• the prices of electricity and water are among the lowest in Europe;
• the Internet infrastructure of the country is one of the best in the European Union and among the top ten in the world;
• high school and university graduates are well educated and often have fluency in English and German;

The employees of our law firm will assist you with your investments in the area of industry and production in Bulgaria. Our services include:

• general legal and tax advice when entering the industrial development market in Bulgaria;
• Contract review and contract negotiation with local business partners (Internet and telecommunications service providers, recruiters, etc.);
• Representation before the Bulgarian administrative authorities;
• Contract review, contract drafting and contract management with landlords of office space in Bulgaria;
• Contract review and contract drafting with workers in Bulgaria;
• general legal advice about Labour law in Bulgaria ;
• Tax and Accounting;
• Payroll Accounting;
• monthly VAT declaration;
• annual preparation and filing of tax returns;
• Representation before the tax authorities ;
• Representation before the Employment Rights Authorities