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B2B meeting in Minsk - March 28, 2013

BePart Consulting participated in a B2B forum meeting between the Bulgarian and Belarusian businesses in Minsk, Belarus on 28-30 March. The event took place at the Belarusian Chamber of Commerce and Industry and was the first of its kind since 2008. The participants included 12 Bulgarian and over 40 Belarusian companies from the following sectors: IT technologies, mechanical engineering, construction and power engineering, infrastructure, consulting and corporate law.

BePart Managing Director Milan Galabov represented the company during the two day event, which consisted of an informal cocktail and an official B2B forum.

Mr. Galabov presented BePart Consulting, its services and investment opportunities in Bulgaria. As a provider of a wide range of services BePart received great interest from Belarusian companies. The host representatives were interested in attracting business in Belarus, as well as opportunities and trends for investment in Bulgaria.

The Belarusian Chamber of Commerce and Industry Chairman V. Ulakhovich expressed his gratitude to the guests and shared that he is pleased by the turnout and interest of both sides. The chargeable pro tempore of the Embassy of the Republic of Bulgaria in the Republic of Belarus Ivailo Ivanov expressed his belief that such forums are the perfect setting in order to increase trade ties between Bulgaria and Belarus and to develop closer business relations.


Why invest in Bulgaria? - February 12, 2013

Real GDP Growth: 1,4% (2012E)
Unemployment: 10,6% (2012E)
Inflation: 4,0% (2012E)
Investment grade credit rating
10% Corporate Income Tax; 0% in high-unemployment areas
2-year VAT exemption for imports of equipment for investment projects over €5 million, creating at least 50 jobs
Acquisition of land and property through a Bulgarian registered company with up to 100% foreign ownership
No restrictions on after-tax repatriation of profits
Annual depreciation rate of 30% for machinery & equipment ; 50% for new equipment used in new investments
Highly-skilled, multilingual workforce at Europe’s most competitive wages
Tax losses carried forward for 5 years
No currency risk – BGN pegged to EUR at 1.95583



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