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/

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

The 2014 A.T. Kearney global research for the establishment of an offshore company

Bulgaria (9) is home to advanced IT centers serving both multinationals and local companies, focused mostly on traditional software development for captive players such as CSC and SAP. One drawback is that Bulgaria has not yet implemented EU data security directives and therefore may not be suitable to handle sensitive customer information for clients with a European customer base.

See more: http://leadconsult-bg.com/en/the-2014-a-t-kearney-global-research-for-or-the-establishment-of-an-offshore-company-4072.html

Company registration in Bulgaria

To start business in Bulgaria you need:

• Unique name of the company- we are going to support you with check upon request.
• Real current address of the company on the territory of Bulgaria- we can provide you with address in the center of Sofia.

For more: http://leadconsult-bg.com/en/company-registration-in-bulgaria-3463.html