September 20, 2018

Romanian businesses moving to Bulgaria

An increasing number of Romanian entrepreneurs are moving their businesses south, to the Bulgarian town of Ruse, where Romanian lawyers are already waiting to help them list their companies with the Commerce Registry. In Romania, the profit tax is 16 %, in Bulgaria just 10 %. Minimum salary in Romania stands at 165 Euros, against Bulgaria with just 123 Euros. Not to mention that salaries are taxed with 62 % in Romania, and only with half the mentioned percentage in Bulgaria.  Another plus for our neighbors is the exchange rate which in Romania fluctuates, while the Bulgarian Leva has a fixed exchange rate of 1.95 for a Euro. Last but not least,  setting up a company in Bulgaria costs between 350 and 600 Euros and less time to lose with local bureaucracy.

Source of the news:

The students choose examples essays writers of their work from class, or work that they have done elsewhere

Speak Your Mind


Click on the picture to try another code*

Click on the picture to try another code

Powered by: