Sofia, the heart of Bulgaria – a dynamic place for business

• Bulgaria has been a full member of the EU since January 1, 2007
• Sofia possesses a highly-skilled, multilingual workforce at Europe’s most competitive wages
• Strong and consistent national GDP growth, expected to continue at 6.2%
• The lowest operational costs and tax rates in Europe
• 10% corporate income tax rate
• Industrial goods traded duty free between Bulgaria and the EU, EFTA, CEFTA and Turkey
• Excellent climate, natural scenery, food and hospitality
• Sofia is the country’s financial hub, home to the Bulgarian National Bank, as well as some of the country’s largest commercial banks, including: HVB Bank Biochim, Bulbank, DSK Bank and United Bulgarian Bank
• Low unemployment, at about 8% compared to the European average of 10%