Bulgaria
With one of the lowest corporate tax rates in the region (10%), low labour costs, and political stability, Bulgaria is well-placed for attracting FDI. Current investing countries are the Netherlands, Austria, Germany, and Italy, with investments in real estate, manufacturing, and financial / insurance activities.
There are no legal limits on foreign ownership or control of firms, foreign entities are formally granted the same treatment as national companies, and FDI investments are not subject to screening from the government. However, firms with >10% foreign holdings cannot do business in 28 specific sectors (including government procurement, exploitation of natural resources, banking, and insurance services). Though there are exceptions, this law does limit investment opportunities.
Some of the other challenges for investors in Bulgaria are a shortage of skilled labour and the regulatory and legislative framework undergoing almost constant updates. Bulgaria’s infrastructure also needs work, and the judicial system is slow. All of these issues contribute to Bulgaria’s ranking for Ease of Doing Business, 61/190.
AUXADI can become your ideal investment partner in Bulgaria. From our office, located in Bulgaria, we offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.
Bulgaria
With one of the lowest corporate tax rates in the region (10%), low labour costs, and political stability, Bulgaria is well-placed for attracting FDI. Current investing countries are the Netherlands, Austria, Germany, and Italy, with investments in real estate, manufacturing, and financial / insurance activities.
There are no legal limits on foreign ownership or control of firms, foreign entities are formally granted the same treatment as national companies, and FDI investments are not subject to screening from the government. However, firms with >10% foreign holdings cannot do business in 28 specific sectors (including government procurement, exploitation of natural resources, banking, and insurance services). Though there are exceptions, this law does limit investment opportunities.
Some of the other challenges for investors in Bulgaria are a shortage of skilled labour and the regulatory and legislative framework undergoing almost constant updates. Bulgaria’s infrastructure also needs work, and the judicial system is slow. All of these issues contribute to Bulgaria’s ranking for Ease of Doing Business, 61/190.
AUXADI can become your ideal investment partner in Bulgaria. From our office, located in Bulgaria, we offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.
International Accounting, Tax and Payroll in 50 countries
Corporations
We can help you with your international expansion and we serve more than 600 clients across many different sections. We become an extension of your finance departments abroad and you can access the accounting information of all your international subsidiaries through a single portal, customised to meet your needs.
Funds
With nearly $7 billion of assets under management, we can take of the corporate management and SPV administration of your investment structures. Whether you’re creating a holding structure in Luxembourg or setting up a SPV in Europe and Latin America, we offer accounting, reporting, tax compliance and directorship solutions to help make your life easier.
Our services
Accounting
We provide corporate accounting administration for global corporations and investments with our unique MultiCountry IT platform.
Tax
We can help sort your international taxes. Our expert tax teams know all the details and will ensure you remain tax compliant.
Payroll
Our international payroll services remove the complexity but keep the confidentiality, using our unique IT system.
Cash management
Cash management is essential for every business – but monitoring and managing your cash flows can be time-consuming. Auxadi can help.
Consolidation and reporting
Our unique MultiCountry IT platform gathers the data from all your international entities, making consolidation and reporting stress-free.
Transfer pricing
We’re on hand to help with your transfer pricing – rely on our local knowledge and expertise.
Monitor and manage your international subsidiaries with our MultiCountry online platform
Access our online platform that provides you with a global and harmonized view of the accounting of your international subsidiaries, with drill down functionality to check support documentation, such as: invoices, outstanding creditors, approve payment orders, manage the payroll processing cycle and so much more. Request a demo to see how our technology can help you.
Get access to Auxadi corporate materials and technical guides to know more about us. You can see all our materials here.
Meet the team
Rima Yousfan
Senior VP, Head of International Corporations
