Lower Taxes for Foreign Investors

Lower Taxes for Foreign Investors

Bulgaria devises a low-tax strategy for attracting investors. Partitions of the corporate tax and the insurances are planned to be assigned to foreign investors. So, instead of paying all due taxes to the fisc, they will be allowed to use some of them for enlarging their activities. 

Also, investors will avail of faster administrative service. "These are some of the new measures for attracting foreign investments that were submitted for discussion to Bulgaria's Council of Ministers," Borislav Stefanov, head of the Bulgarian Investment Agency told the Standart. The measures have been designed by experts from the Agency, the Ministry of Economy, research €.'. Kearney Company and the Centre for Economic Strategies.

The measures aim at attracting investments for the high value added sectors of the economy like electronics, electrical engineering and machine construction. (Source: Standart News)

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.