Reforms to create better investment conditions

“Our main priority is to improve the business environment and reducing the administrative burden, “said Minister Lukarski in a meeting with German and French businesses in Bulgaria. The Ministry’s efforts will be directed towards conducting electronic public procurement procedures to ensure more transparency. He also pointed out some particular measures as reducing the price of industrial electricity which is the highest in Europe; reducing the threshold for VAT registration; easing the procedures for starting and developing business and providing a “second chance” for entrepreneurs who have failed in circumstances beyond their control. 

Recent Posts

The Qualified Electronic Signature (QES) System in Bulgaria - Leinonen
July 21, 2026

The Qualified Electronic Signature (QES) System in Bulgaria: A Guide for Businesses

Bulgaria remains one of the more attractive destinations in the EU for setting up a business, with a flat 10% corporate tax rate and a…

Continue reading
E-Invoicing in Bulgaria - Leinonen
July 20, 2026

E-Invoicing in Bulgaria in 2026: What Businesses Need to Know

Electronic invoicing continues to reshape accounting practice across Europe, and Bulgaria is now moving from a largely voluntary system to one with clear mandatory milestones.…

Continue reading
July 6, 2026

Electronic Employment Documents in Bulgaria

Bulgaria has largely digitalised employment records and introduced a mandatory electronic employment register, while still allowing employers to keep personnel files on paper if they…

Continue reading