Why Bulgaria
Low Taxes
10% Corporate and Personal Income Tax (One of the lowest in the EU)
EU Member
Since 2007
Political and Business Stability
Locational Advantage
99% Literacy Rate
One of the highest in the world, ensuring a skilled workforce.
10% Corporate Tax
The lowest in the European Union, attracting global investors.
500M+ Market Access
Free trade access to the entire European Union.
80% Automotive Exports
Bulgarian-made components are used in 80% of European cars.
Top 10 Internet Speed
Ranked among the fastest internet networks globally.
60% IT Growth
Bulgaria’s IT & BPO sector has seen a 60% increase in the past decade.
40+ Film Productions Annually
Bulgaria is a booming hub for international filmmaking.
#1 Lavender Producer
Leading global producer of lavender and essential oils.
30% Lower Operating Costs
Compared to Western Europe, making it a cost-effective business destination.
12 UNESCO Heritage Sites
A rich cultural and historical legacy attracting global tourism.
Low Cost of Doing Business
Low Taxes
0.032 €/kWh
Water
1.09 €/m³
Office Rents (Sofia)
From 12 €/m² per month
Competitive Cost of Labour
Minimum Salary: 215 €
Average Salary: 468 €
Bulgaria – Your Gateway to Europe
Situated in the South Eastern part of the Balkan Peninsula, Bulgaria is located in the strategic crossroads of Europe, the Middle East, Russia and the former Soviet Republics.
Bulgaria is a member of the EU since 2007. It is also a member of NATO and WTO.
For Indian companies looking for business expansion to the European Union market, as well as other promising regions nearby, Bulgaria can be considered as an ideal location and gateway.
Political and Business Stability
- Bulgaria is a member of the European Union, NATO and WTO.
- Since 1st January 2025, Bulgaria along with Romania has joined the border-free Schengen Area.
- The stability of the currency is supported by the currency board, pegging the Bulgarian lev to the euro at the level of 1.96
Political and Economic Stability
- Bulgaria is a member of the European Union, NATO and WTO.
- Since 1st January 2025, Bulgaria along with Romania has joined the border-free Schengen Area.
- The stability of the currency is supported by the currency board, pegging the Bulgarian lev to the euro at the level of 1.96
Locational Advantage (Access to Markets)
Due to its location Bulgaria provides direct access to the following key markets:
- European Union - zero tariff market with population of 500 million
- CIS – still not well penetrated market with a high potential
- Turkey - zero tariff market of near 80 million population
- Middle East – a market with high purchasing power
- North African market
- Balkan Countries
Locational Advantage (Access to Markets)
Due to its location Bulgaria provides direct access to the following key markets:
- European Union - zero tariff market with population of 500 million
- CIS – still not well penetrated market with a high potential
- Turkey - zero tariff market of near 80 million population
- Middle East – a market with high purchasing power
- North African market
- Balkan Countries
Strategic Location
Five Pan-European corridors ( IV, VII, VII, XI, X), which pass through the country
Transport program TRACECA (Transport Corridor Europe-Caucasus-Asia), which connects Europe with Caucasian and Central Asian region
Four major airports: Sofia, Plovdiv, Bourgas and Varna
Two main seaports: Varna and Bourgas
Numerous ports at the Danube River
Bulgaria – Economy Stable Economic Growth
- Bulgaria has evolved from a highly centralized, planned economy (pre-1991 era) to an open, market-based, upper-middle-income economy today, which is securely anchored in the European Union (EU).
- The Bulgarian economy has been growing steadily over the past few years. It has picked up pace since 2015 and has been averaging + 3 %. This is above the overall EU growth rate of about 2 % for the past few years.
Bulgaria’s Talent Powerhouse: A Workforce Built for Innovation
Bulgaria is home to a highly skilled, educated, and diverse workforce, making it a top destination for global businesses seeking expertise in technology, engineering, and innovation.
✅ 99% Literacy Rate – A nation that values education, ensuring a well-equipped talent pool.
✅ Tech-Ready Graduates – Over 10,000 students graduate each year in computer science, engineering, mathematics, physics, and biotechnology, fueling Bulgaria’s digital economy.
✅ World-Class Software Developers – Ranked #12 globally, Bulgarian Java and Python developers stand out, securing #2 and #3 positions for domain expertise.
✅ Top-Ranked Education System – Bulgaria ranks 5th globally in science, 11th in mathematics, and 2nd in IQ tests (MENSA International), proving its academic excellence.
✅ Strong STEM Expertise & Gender Diversity – Bulgaria has a rich history of success in mathematics and applied sciences. Women make up 44.6% of the workforce in the booming tech sector—one of the highest in the EU!
✅ Fluent in Global Communication – With 30% of the population speaking English, and growing, Bulgaria is a prime hub for international businesses and collaborations.