How to start business in Bulgaria?

Bulgaria is one of the countries in EU which is popular with liberal tax policy and still lower taxes.

If you are thinking about starting business in Bulgaria ,the following information is important:

• Bulgarian national currency  is BGN(lev), fixed exchange currency – 1EUR = 1,95583 BGN
• There is a possibility for exchange of goods and services within the EU countries without double taxation.

For more information:

http://leadconsult-bg.com/en/

What are the benefits of a company in Bulgaria?

Benefit from the lowest taxation within the EU.

Tax benefits

Bulgaria has the lowest taxation within the EU. Corporate Profit tax (flat tax) – 10%. Bulgarian tax legislation is completely synchronized with the EU legislation. Government policy is focused on building a favourable business climate for foreign investors.

See more:

http://leadconsult-bg.com/en/what-are-the-benefits-of-a-company-in-bulgaria-4220.html

How to optimize your corporate taxes?

Bulgaria like Offshore zone?

A personally tailored structure for tax optimization, between your domestic company and your Bulgarian company can decrease your total tax burden substantially and moreover it is absolutely legal.

If you have questions or would like to help you open your company in Bulgaria, you can contact us for advice or for an entire service.

Learn more:

Tel: (359) 888 833 408

e-mail:  office@leadconsult-bg.com

Setting up a company in Bulgaria – limited liability company or joint stock company

The two most popular legal forms for carrying out business in Bulgaria are a joint stock company (AD) and a limited liability company (OOD), though the law also provides for: sole trader operations (ET), joint ventures, branches, holdings, cooperatives, and representative offices. They all have to be registered with the Commercial Register, which is a process that usually takes 1 week.

See more: http://leadconsult-bg.com/en/setting-up-a-company-in-bulgaria-limited-liability-company-or-joint-stock-company-3952.html

Types of visas in Republic of Bulgaria

The types of visas shall be:

1. air transit visa (type “A” visa);

2. short-stay visa (type “C” visa);

3. long-term residence visa (type “D” visa);

See more: http://leadconsult-bg.com/en/types-of-visas-in-republic-of-bulgaria-4139.html

Meeting and greeting in Bulgaria

Bulgaria on the face of it is still a fairly formal society. This reflects in the rather proper and reserved nature of initial meetings. Within the business context a firm handshake, direct eye contact and the appropriate greeting for the time of day suffices. The hierarchical nature of Bulgarians results in an emphasis on rank and position. As a result if people have official, educational or work titles ensure you use them. If you are unsure then simply use “Gospodin” (Mr)/ “Gospozha” (Mrs) followed by the surname.

See more: http://leadconsult-bg.com/en/meeting-and-greeting-in-bulgaria-4169.html

Requirements for Long-Term Residence in Bulgaria

To be granted right of long-term residence, the foreigner shallsubmit in person an application in a standard form.

The foreigner shall attach the following to the application:

1. a copy of a valid foreign travel document with the pages containing the photograph, the identification particulars; for verification of the authenticity of the copy,the original of the foreign travel document shall be presentedas well;

See more: http://leadconsult-bg.com/en/long-term-residence-in-bulgaria-4103.html