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What I have to do first?

Contact S. R. Management and Consulting and your idea will become the successful business.

What is the Taxation in Bulgaria?

Corporate tax of 10%.
Dividend tax of 5% for the non EU resident entity and 0% for a European Union resident entity.
Withholding tax of 10% or 5% in case of invoices to entities that are not residents of Bulgaria.
VAT of 20%, apart from tourism.

Is it mandatory for the founder to be present in Bulgaria when registering the company?

The founder is able to use a power of attorney and it is not required to be present in Bulgaria when registering the company.

What kind of businesses can benefit from starting up a company in Bulgaria?

Setting up a company in Bulgaria is suitable for various business models operating in different fields and looking for cost reduction and new opportunities on the international market.

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