The constantly rising interest Greek companies present in expanding their activities in neighbouring Sofia, is one of the major reasons we pursued our dynamic expansion in Bulgaria where, during the 2000s, more than 120 large companies decided to be established there, mainly engaged in fuel distribution, real estate, retail trade and constructions, utilising the benefits the reliable taxation regime offers, in the context of a stable investment environment.
Over the past 12 years Bulgaria has been the most attractive investment destination of Greek businessmen and investors. Presenting a low level and stable taxation regime as well as low labour costs in the past 20 years, Bulgaria is considered to be an excellent investment choice. Furthermore, it is noteworthy that, there are approximately 15,000 active enterprises with more than 53,000 employees residing in Bulgaria today. Our country is among the top four Bulgaria’s major commercial partners and investors with a total investment of EUR 2,5 billion annually.
Besides, it is well-known that Greek history meshes with that of Bulgaria, while the two countries have forged strong bonds of friendship and mutual respect, having firmly established bilateral relations with each other, in numerous, increasingly widened sectors such as economics and trade.
Beyond the banking sector, where Greek banks have an impressive presence, market penetration of Greek-interest companies in Bulgaria is noticeably upward, also extended in a host of economy key sectors, such as telecommunications, constructions and real estate development, agriculture and livestock, food and drinks industry, renewable energy sources, retail trade, provision of services, etc.
With our main objective revolving around offering our clients efficient legal support by endorsing their efforts to establish new enterprises and expand their professional activities in Bulgaria, we established in Sofia a fully-organised branch office, responsible for the provision of legal, financial and consulting services also including Greek-speaking staff, to better serve non-Bulgarian speakers, being unfamiliar with the Bulgarian market.
We are at your full disposal for any further question in relation to legal, corporate, accounting and tax matters, exports, real estate, etc. always providing you with factual and reliable information.