en PlanaHeights
The initiation and creation of an architecturally enchanting spot set in the Plana Mountains which lies between the capital, Sofia, and the town of Samokov, close to the Olympic ski resort of Borovetz, the ski resorts of Vitosha and the unique resort area of the Big Lake Iscar, comprising over approximately 2,000 decares (1 decare = 1000m2) around an additional 1,800 decares of forest, which will exemplify a model of progress, high standards and quality of life, in an outstanding pastoral environment.
Demographic profile Bulgaria
Bulgaria Country Profile
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Economic Structure
Bulgaria Country Profile
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Geography and Climate
Bulgaria Country Profile
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Government and administration
Bulgaria Country Profile
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Why Bulgaria
Political and business stability
- Bulgaria is a member of the European Union, NATO and WTO
- The stability of the currency is supported by the currency board, pegging the Bulgarian lev to the euro at the level of 1.96
- Bulgaria has one of the lowest government debts in the European Union (18.9 % of GDP) and one of the lowest budget deficits (-1.5%) as of 2013
Low cost of doing business
- Bulgaria has the most favourable tax regime in Europe. Corporate income tax rate is 10%, the lowest in the EU. Personal income tax is 10 %, flat rate. Industries in high-unemployment areas are granted 0% tax rate
- There is a 2-year VAT exemption for imports of equipment for investment projects over €5 million, creating at least 50 jobs
- Depreciation time for computers and new manufacturing equipment is 2 years
- 5% withholding tax on dividends and liquidation quotas (0% for EU tax residents)
- Bulgaria has one of the most competitive costs of labor in Central and Eastern Europe
- Favorable office rents and low cost of utilities. Bulgarian cost of electricity for industrial users is 70% of the European average
