Bulgarian company formation is a straightforward procedure, the requirements of the applicable commercial legislation are clear and the whole process is fast and easy.
There are many advantages that can drive an investor to open a new company in Bulgaria but maybe the most important one is the lowest corporate tax rate in the entire EU. Corporate income tax in Bulgaria amounts to only 10% on profit. Furthermore, profit itself can be minimized by various legal and accounting mechanisms of deducting different kind of expenses from company’s annual turnover. Thus, If you have a good accountant of business consultant, he can advise you about all possible expenses that are subject to deduction. Keywords:
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