and Balkan Europe
by IECOB & AIS Università di Bologna
InvestBulgaria Agency (IBA)
InvestBulgaria Agency (IBA) is a government organization, established to attract investment to Bulgaria, to assist project set-up and to ensure successful project development resulting in new jobs, exports and know-how transfer for the Bulgarian economy. It helps potential and existing investors explore the investment opportunities in Bulgaria and carry out greenfield investment projects in the country.
The agency reports directly to the Bulgarian Ministry of Economy and Energy. As a government institution, IBA has direct access to all Bulgarian government and local institutions to facilitate the entry and development of your business in the country.
The services provided by InvestBulgaria Agency are completely free of charge. IBA provides detailed information about Bulgaria as a business location and besides full information assistance, its services include site identification and selection, support with the application for investment incentives, contacts with suppliers and prospective business partners, liaison with central and local government, branch chambers and NGOs. It works with some of the leading consultants in the country, to provide most accurate and comprehensive information and advice about real estate, human resources, and legal inquiries.
You can explore the business climate and the investment opportunities in the country by browsing the web site of InvestBulgaria Agency.
Activities
InvestBulgaria Agency (IBA) is a government institution providing information, contacts and project management support to potential investors. Its services include:
Pre-investment
- Provision of macroeconomic data, company and industry profiles
- Legal advice
- Information on FDI incentives and EU funds
- Information on site and facility locations
- Information on industrial and free zones
Investment project support
- Visa and other administrative support for potential investors
- Identification of potential project location, including identification of facilities for Brownfield projects or office locations for outsourcing and IT projects
- Organization of bespoke site visits
- Identification of potential suppliers, clients and other business partners
- Legal assistance with setting up a Bulgarian company
- Administrative support with permits and regulations with regards to hiring personnel, purchasing or renting facilities, etc.
- Support with application for government and EU incentives
Post-investment
- Intermediation with other government and local administration
- Administrative and legal support
Legal framework
The business today is subject to written rules (laws, regulations, agreements, etc.) and established trade practices and customs.
This legal framework is an attempt to capture in a logical order, the majority of steps, based upon our experience, that every investor would probably follow developing its investment intentions from an idea to a completed project. We began with the initial steps such as the arrival in the country and the necessary documents to do so, how to form a company and etc.
Of course, the purpose of this legal framework is to provide general, non-binding information. For concrete, tailor-made legal advice, please contact our colleagues from the legal department. If you notice any inaccuracies or have any comments we’ll be glad to hear your opinion.
relevant chapters
Statistics and analyses
This section features information about Bulgarian and foreign investments in the country, as well as links to analytical documents, reports and statistics with relevant information for potential investors.
InvestBulgaria experts will be happy to provide detailed information upon request, and to help with the preparation of reports and analyses for specific investment projects.
For more information click here.
Sectors
On the official website of the "InvestBulgaria Agency", you can find a wealth of information regarding the most important business sectors in Bulgaria such as:
- Machine Building
- Information Technology
- Business Process Outsourcing
- Chemistry
- Balneology
- Electrical Engineering and Electronics
- Food and Agriculture
- Healthcare and Medical Tourism
- Transport and Logistics
Newsletter
Each month the InvestBulgaria Agency,publishes a newsletter with information about:
- Bulgarian Investment Agency - events, initiatives and current projects;
- Economic news and key indicators related to business, investment and trade;
- Analysis of a sector - the current issue presents the Automobile sector industry;
- Investment opportunities of a municipality - Ruse Municipality is presented;
- Foreign Chambers of Commerce in Bulgaria – Italian Chamber of Commerce Is presented;
- Macroeconomic indicators - EU, Bulgaria, Italy;
- Upcoming events.
Available languages:
- Bulgarian
- English
- German
- Russian
Direct link
Surf the website of the InvestBulgaria Agency in (Bulgarian)
Surf the website of the InvestBulgaria Agency in (English)
Surf the website of the InvestBulgaria Agency in (German)
Surf the website of the InvestBulgaria Agency in (Russian)
PECOB: Portal on Central Eastern and Balkan Europe - University of Bologna - 1, S. Giovanni Bosco - Faenza - Italy
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