Doing Business in Bulgaria

Description

Bulgaria is pursuing a wide-ranging strategy for creating a market economy and is progressively opening up for business development. The introduction of a series of legal and fiscal measures, including a liberal foreign investment law, as well as the emergence of the private sector are creating a more realistic environment in which foreign businesses can develop opportunities.
Yet to realise the benefits the country offers and to overcome inevitable obstacles, careful investigation of the new systems in place and determination to tackle practical issues is essential.
Doing Business in Bulgaria draws together the expertise of Sinclair Roche & Temperley and Touche Ross, with contributions from SG Warburg, British Gas, Cerrex Ltd, PR Trading and East European Projects Consultants to provide an authoritative overview of the rapidly evolving Romanian scene. They provide in-depth, hands-on information and advice on the issues which businesses looking to trade or invest in Bulgaria are likely to face.
The book is divided into four main sections:
A Business Revolution? - an assessment of the current changes in the political and economic arena, market potential, business culture, market intelligence, and Bulgaria and its trading partners.
The Business Infrastructure - an issue-by-issue breakdown of the legal and commercial framework necessary for the new-style economy including commercial law, currency convertibility, prices and the banking system, accounting standards, taxation, privatisation, property law, communications, the environment, and the labour market.
The Options for British Business - comprehensive and detailed accounts of how to tackle crucial processes such as planning, marketing, agencies and distributorships, export and import, trade finance, licensing and franchises, forming a company, and financing and investment.
Case Studies - actual profiles by businesses which have set up in, or done business with, Bulgaria, covering export, distributorships, joint ventures, and direct investment.
The book concludes with three valuable appendices. The first provides an in-depth coverage of the opportunities by sector in Bulgaria. The second covers grant aid available and the third includes a full bibliography and sources of further information.
Impressive in its scope, the book offers both a panorama and a minute cross-section of the issues, whether obstacle or opportunity, that every business must address. Written by highly qualified experts, yet in a style which is succinct, jargon-free and accessible to the non-expert, Doing Business in Bulgaria is an invaluable, all-round reference for any businessperson keen to maximise the potential of the emergent market.

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