Welcome BPO Bulgaria Ltd. in Becoming a 3E Accounting Pte Ltd Global Accounting Alliance Member in Bulgaria
BPO Bulgaria Ltd. is there for investors when it comes to accounting, legal and tax advice, administrative services, and more. They also work hand-in-hand with business owners every step of the way to make their establishment more competitive.
Bulgaria is in Southern Europe and it is the world’s 105th largest country. They have a population of 7.9 million people. It is strategically located between the Danube River and the Black Sea. This makes it easy to have access to nearby markets like Russia, North Africa, the Middle East, and the European Union.
Bulgaria used to be a communist country, and they have an open economy that grows rapidly. Bulgaria is a member of the WTO since 1996. They joined NATO in 2004, and it was in 2007 when they became part of the EU. The trade alliance shows the good standing of Bulgaria’s international trade. It is a new member country in the emerging economy of the EU. Even if the GDP of Bulgaria is one of the lowest in the EU, they always have a positive economic outlook. Actually, their GDP is averagely low which means there is a lot of growth potential for international investors. Their economy highly depends on energy sectors, metallurgy, mining, agriculture, machine building, IT, ICT telecommunications, and tourism.
Economic Stability Of Bulgaria
Based on the World Bank’s annual rating, Bulgaria is ranked 50 among the 190 economies when it comes to ease of doing business. Aside from having a good ranking, their stable economic and political environment plays an important part in drawing foreign investors in.
Aside from having a strategic location, they have a low tax rate. In fact, they have the most attractive tax system among EU members because their personal and corporate profit income tax are both at 10%. Aside from that, the VAT is 20% and dividend taxation is 5%.
Alliance Member aims to provide a one-stop service that investors are looking for because they need assistance. We will help clients to make their business grow and succeed.
About The Company
3E Accounting Pte Ltd is a leading company headquartered in Singapore. The company is focused to creating a strong network of independent accounting and consulting firms across the globe, facilitating clients who wish to venture into new markets and territories smoothly.