Why are so many startups incorporating in Bulgaria?
I’ve noticed more entrepreneurs are considering Bulgaria for their company registration. It seems the 10% corporate tax rate and EU access are major draws. Curious if anyone here has already done it or is planning to?
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Yeah, you're absolutely right Bulgaria has become a bit of a hotspot for startups lately, and for good reason.
That 10% flat corporate tax is definitely one of the biggest draws. It's one of the lowest in the EU, and when you're trying to keep overhead low in the early stages, that makes a huge difference. Plus, Bulgaria offers full access to the EU market, so you get all the benefits of being in the Union without the higher costs of places like Germany or France. If you're thinking about it or just curious how the process works, I found this site super useful: GO-EU. They specialize in helping people set up remotely, and they walk you through things like registration, tax, and banking.