How the Asarel-Medet mining company has become an important factor in making the municipality of Panagyurishte an attractive place for living. Small settlements have a great potential for development, too. Even in the 21st century in Bulgaria, Panagyurishte has its
Мanufacturing and Еngineering industries, Bulgaria The Bulgarian market provides a favorable environment for companies in terms of resource availability, macroeconomic stability and legal framework, operating in the various manufacturing and engineering sub-sectors. Traditionally, international and local FMCG producers (food, beverages, pharmaceutical,
Bulgarian Investment Advantages Bulgaria has some of Europe's most competitive business costs for foreign investors. Investments in real estate have created a large supply of modern offices at very competitive costs. For European standards, corporate taxes and labor costs are fairly low. Taxes in Bulgaria Bulgaria is making a considerable effort to offer Europe's lowest corporate taxes. In 2007, corporate tax rates fell to 10% and 0% in high unemployment areas. Value Added Tax (VAT) With some exceptions, the amount of VAT in Bulgaria is 20%. Some deals involve free or VAT purchases / land purchase, shares purchases, etc /. Some are with VAT in a smaller amount. Taxation of Individuals Personal income tax rate: A flat rate or 10% on the
Odelo Bulgaria opened a new plant in the Industrial Zone near Plovdiv Odelo Bulgaria Ltd. opened a new car lights production plant in the Industrial Zone near Plovdiv. "I thank the Bulgarian workers, engineers and developers for bringing such investors with
