Bulgaria welcomes and encourages Chinese companies to cooperate with their Bulgarian counterparts to seek joint business opportunities and develop cooperation, a senior official of a Bulgarian government investment promotion agency said during an investment forum held in Beijing.

 

The 2014 Bulgarian Investment Forum, organized by the InvestBulgaria Agency (IBA) and the Bulgarian Embassy in Beijing, was held at the Beijing Traders Hotel on Nov 6, 2014. The event brings together senior policy makers, financial and corporate decision makers and advisors from Bulgaria and China, who share their insights on investment and partnership opportunities.

 

Kostadin Djatev, deputy executive director of InvestBulgaria Agency, introduced the macroeconomic and financial environment in Bulgaria, including information on government incentives for attracting direct foreign investment.

 

Bulgaria has one of the lowest business cost in Europe, as well as the lowest taxes in the EU, Djatev said. For example, there is a 10 percent corporate tax and zero percent corporate tax for investment in areas with a high unemployment rate, a 10 percent income tax, competitive labor costs and fixed exchange rates.

 

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