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According to a World Bank report Bulgaria is attractive for business, entrepreneurship and international trade

01 november 2024

In Bulgarian In Albanian In Macedonian In Romanian In Serbian

 

World Bank's Business Ready 2024 report places Bulgaria among the leading countries for starting a business, BalkanEngineer.com learned from economy.bg. The country scores high on three main indicators: regulatory framework, public services and operational efficiency. This positions the country as attractive for entrepreneurship and international trade.

 

 

However, Bulgaria faces difficulties in taxation, competition protection and insolvency procedures. These are cited as unfavourable to doing business.

 

The report covers 50 countries, but subsequent editions in 2025 and 2026 will cover 100 and 180 countries respectively, giving a broader perspective on global business opportunities.

 

 

Photo sources: ©Engineer BG via Canva.com

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