Southeastern Europe

Location

Lev (BGN), pegged to the Euro

Currency

Legal System

OOD (Private Limited Company), AD (Public Limited Company)

Corporate Structures

Tax System

  • No withholding taxes on dividends, interest, or royalties for EU companies

Legal Framework

  • Based on Civil Law; governed by the Commercial Act
  • OOD (Private Limited Company) is a popular structure requiring a minimum capital of BGN 2

Advantages

  • Low corporate tax rate and minimal bureaucracy
  • Access to European markets through EU membership
  • Strategic location connecting Europe to the Middle East

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Cyprus, Nicosia

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