Investment incentives
Financial
- Tax relief;
- Financial support of up to 25% for the vocational training for obtaining professional qualifications (for new employees);
- Reimbursement of social security and health insurance contributions paid by the employer - up to 2 years;
- Providing a grant of up to 10% of the total investment cost;
- Introducing exemption from the obligation of paying stamp duty upon alteration of the assigned use of the land;
- Financial support for construction of technical infrastructure elements to the borders of the project site;
- Acquiring ownership rights or building rights over real estate at prices lower than the market ones (but not lower than the tax assessment);
- Importing assets without effective payment of import VAT.
Non-financial
- Shortened waiting time for administrative services, in the central and local government authorities;
- Individual administrative and information services;
- Interdepartmental task force for institutional support;
- Establishment of public-private partnerships with municipalities, universities and other organizations.
For more information please visit the InvestBulgaria Agency website!