Bulgaria was known in the 1980s as the "Silicon Valley" of the Eastern Block.
Flat earnings tax of 10%. Among top 25 business locations globally.
Excellent Start-Up Ecosystem. Part of European Union.
The Bulgarian IT sector has an average annual increase of 17% since 2007. ICT generates ~10% of the Bulgarian GDP.
In 2022, 45.9% of workforce are women, average globally 39.2%.
In the 2022, the capital city occupied the 6th position in the global ranking.
#9 Globally in Mobile Internet speed. Fibre to the home is standard in big cities.