Why Bulgaria

Strategic Nearshore Business Destination

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Key Facts About Bulgaria:

1 %
FLAT TAX RATE

Currency (Bulgarian Lev) pegged to EURO

1 m
workforce
1
days

to register a new company

FACTS ABOUT THE

Workforce

1 %
speak 2+ foreign languages
1
New
professionals
per year
1 +
languages spoken.

Leading Connectivity

Bulgaria holds 7th place of the Netindex Internet coverage and speed index

17 place in the world according to A T Kearney’s 2019 Global Services Location Index (GSLI), combining financial attractiveness, people skills and availability, as well as business environment and digital resonance

  • Stable parliamentary democracy, EU, NATO and WTO member
  • Bulgarian Lev (national currency) fixed to the EURO
  • Flat tax rate at 10%
  • Labor force of more than 4 million
  • Multitude of spoken languages
  • Leading internet infrastructure – Bulgaria holds 7th place of the Netindex Internet coverage and speed index
  • 17 place in the world according to A T Kearney’s 2019 Global Services Location Index (GSLI), combining financial attractiveness, people skills and availability, as well as business environment and digital resonance

The Bulgarian software and services companies:

  • Are one of the biggest GDP contributors in the country
  • Experience an annual growth of more than 20%
  • Provide leading expertise and innovation solutions with software products
  • Offer services to clients across the globe in more than 25 languages
  • Constantly build up a high-tech workforce in close cooperation with universities (more than 30 000 graduates per year with suitable skillset)
  • Are living the culture – European history and values

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