Business

Lifestyle

Politics

Society

Sports

Home » Business

Registration of a firm in Bulgaria for 2 lv

Submitted on Tuesday, 25 August 2009No Comment

The minimum capital to register a firm has become 2 leva. The former price for the same service was 5000 leva.

This was made possible by the proposed changes in the Trade law, approved during today’s government assembly.

The goal of these changes is to stimulate the entrepreneur drive in young people through a more friendly legal environment.

Bulgaria has one of the highest price levels for minimum capital in the world. The report of the World bank “How is business made” places Bulgaria on the 36th place out of 181 countries. Countries that demand a higher minimum capital include Mongolia, Lebanon, Mozambique, Kongo, Benin, Syria. Nearly 100 countries demand no minimum capital to start a firm. They include Australia, Canada, Ireland, Israel, New Zealand, Saudi Arabia, the United States, Great Britain, Japan, Singapore, Hong Kong, France and Malaysia.

Popularity: 1%

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • email
  • Technorati
  • Live
  • MySpace
  • Reddit
  • StumbleUpon
  • Twitter
  • Wikio

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

More news from Business

» Large discounts for Bulgarian property
» Bulgaria real estate property increasingly attractive for Russians
» Russian pressure for the nuclear power plant Belene
» ORS aren't changing their plans for Bulgaria
» 700 jobs opened for the construction of Mall Pleven