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Over the last few years, Bulgaria has grown into one of the most progressive outsourcing destinations in Europe, with the industry bringing almost 6% of the GDP of the country in 2019, equivalent to a little more than €2.7 billion.
According to global management consulting firm A.T. Kearney, Bulgaria’s strength lies in its strategic location, solid infrastructure, and stable political and economic system.
Additionally, the firm also described the region as a ‘top location for IT centres, providing services for many multinational companies as well as domestic ones’.
These facts prove that Bulgaria is home to a vastly different business landscape than the ones found in USA, Canada, Australia, UK, Germany, Switzerland, Australia, and others, where businesses are regularly faced with challenges such as high rates, governmental tax fees, and other unreasonable bills that hinder you from focusing on being productive and cost efficient.
Factors like these pave the way for businesses to outsource their marketing departments to Bulgaria, which is much more reasonable for the cost-effectiveness and efficiency of their operations in the long run.
Bulgaria has been a leading global market for the outsourcing industry for several reasons:
Outsourcing in Bulgaria has become a very attractive venture for enterprises of all sizes. It has become one of the largest start-up hubs in the world, attracting investors such as Coca-Cola, Microsoft, KPMG, VMware, Sap, and Salesforce, generating hundreds and thousands of qualified employees in the country.
Sofia, the capital of Bulgaria, is rapidly adapting to this growth. In 2020, it is host to one of the best business zones in Central Eastern Europe, with various sites and IT parks dedicated for new investments, particularly concerning the outsourcing industry.
Another key reason to outsource your marketing team in Bulgaria is the cost-effective means to do so. Currently, the country has the lowest tax rates in the EU with only 10% corporate tax and 20% VAT, making it a clear, competitive choice for business and investments, including outsourcing services.
As a premiere B2B and B2C Digital Marketing Agency in Bulgaria, our focus is to meet your expectations in bringing customer growth and profit to businesses while ensuring that everything is done in the most cost-effective manner.
Area:
110 994 sq km
7 025 037
Varna, Bugras, Plovdiv
Bulgarian Lev
Parliamentary Republic
Sofia
EUR 29.9 billions
3.326 milion people
EUR 7.842
Corporate tax:10%;
VAT: 20%
EU, IMF, NATO,
UN, WTO
Growth Rate
3.1%
5.2%
2.8%
EUR 1.744 billions
EUR 574
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With the outbreak of COVID-19 around the world, we have witnessed businesses falling apart, people losing their jobs, and billions of dollars lost in revenue. This is why we have decided to offer our services for FREE during this global emergency.
Our mission has always been to keep companies growing. However, today, we’d like to help keep businesses running so that the economic effect of the crisis will be minimized and people will not lose their jobs as their company’s revenue streams.
To take advantage of your services FREE OF CHARGE, just get in touch with us and we can help you keep your business up and running.