The Bulgarian State Plans to Support the Largest Investors with Cash
Friday, 08 March 2019
Research and development expenditure will be deducted two or three times from the company's financial performance. This is a draft law prepared by the Ministry of Economy and Investment Agency, Stamen Yanev, the head of the agency, says in a 24chasa interview.
In his words, the Minister of Economy Emil Karanikolov has managed to convince the Finance Ministry of the benefits of such a change and the concept has been accepted.
"In R & D, spending is mainly on the salaries of highly qualified people, so we can attract more intellectual product.
The priority for Bulgaria is the bigger export, so we could attract more intellectual product, "says Yanev.
He says that he is working to provide investors with more state aid, following the example of the Central and Eastern European countries.