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Bulgaria

  • GDP: $ 56,943 billion
  • Population: 7,085 million people.
  • Bulgarian, Russian, English
  • Bulgarian Lev (BGN)

Bulgaria is located at the shore of the Black Sea, and is actively developing its resort business thanks to the good climate and one of the lowest costs of living in the European Union.

It belongs to the category of low tax jurisdictions. Bulgarian jurisdiction can be viewed as a good and promising place for application of the existing international tax planning schemes.

Jurisdiction is characterized by minimum corporate tax rates, minimum dividend tax rates, quick and simple company registration procedure.

When filing annual reports in Bulgaria, the application of the international financial reporting standard IFRS is allowed.

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