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In recent years, Bulgaria has established itself as an attractive location for foreign investment in the outsourcing of various activities and services. The advantages of investing in outsourcing services in Bulgaria are clear:
Bulgaria is a member of the European Union and, as such, guarantees the free movement of goods, services, capital and workers.
Bulgaria has a stable currency pegged to the euro at a fixed rate;
Bulgaria has stable public finances and low public debt;
Taxes in Bulgaria are among the lowest in the European Union, including corporate and personal income taxes, with a 10% flat tax;
Exemption from corporate income tax may be granted in regions with high unemployment;
Bulgaria has an investment-friendly policy offering numerous advantages regarding the acquisition of public assets, reimbursement of employee training expenses and reimbursement of employer social contributions;
Labour costs are among the lowest in the European Union;
Office rents, including utilities and charges (energy, water and municipal charges), are also low compared with other EU countries;
The country’s internet infrastructure is among the best in the European Union and in the world’s top ten; secondary-school and university graduates are well educated and often proficient in English and German;
Our law firm's staff will assist you with your investments in Bulgaria's outsourcing sector.
The services provided by De Amicis & Petrova in the Republic of Bulgaria include:
General legal and tax advice when entering the outsourcing market in Bulgaria;
Support for developing call centres and back offices in Bulgaria;
Review and negotiation of contracts with local business partners (internet and telecommunications services, recruiters, etc.);
Review, drafting and management of contracts with owners of office space in Bulgaria;
Review and drafting of contracts with workers in Bulgaria;
General legal advice on employment law in Bulgaria;
The following services are available through our specialist partners:
Tax and accounting services; payroll accounting; monthly VAT returns; annual preparation and filing of tax returns; representation before the tax authorities; representation before local authorities.