TaxManagement Announces Partnership with BulgariCo to Deliver Integrated Company Formation and Digital TaxManagement Services in Bulgaria
THESSALONIKI, Greece, February 21, 2013 /PRNewswire/ --
Picking up the appropriate tax heaven doesn't have to be tricky anymore. Bulgaria can now support complete and secure tax fortification solutions with 10% tax rate inside the EU.
Following 12 months of high-level research and assessment of the current heavy demand, TaxManagement, a leading company in tax optimization and financial consulting, has teamed up with BulgariCo, the leader in company formation services in Bulgaria, in order to provide end-to-end tax solutions for a wide range of corporate needs. Terms of the partnership will enable TaxManagement to provide its worldwide group of clients with BulgariCo's rapid company registration processes.
The benefits of an international business company (IBC) nowadays are widely accepted regarding optimum tax planning and assets protection. Although the popularity of this particular business model increases in parallel with the earnings in revenue, there are still three basic factors that seem to puzzle most entrepreneurs, when they come to the point of choosing the best tax jurisdiction. These factors are legal issues, ease of operation and ease of access. Bulgaria comes as the best answer to the aforementioned factors since the country became a member of the European Union in 2007 and introduced the 10% flat tax rate in 2008.
Generally speaking, high-tax nations often consider offshore companies as illegal solutions for tax evasion and money laundering, given that an offshore company is a company that is incorporated outside the jurisdiction of the area that it operates. Hence companies registered in Bulgaria that operate inside the European Union are not offshore companies. Additionally, TaxManagement undertakes simultaneous legal coverage at all levels and stages to successfully carry out all statutory actions, since the company provides top level corporate law services in a number of countries. Trust services are offered as added value to the general services.
Bulgaria is located at the crossroads between Europe and Asia in south-eastern Europe. The country occupies the central area of the Balkan Peninsula, a hub position for a number of European countries. There are 4 international airports in Bulgaria and most of the European airports offer direct flights to the Sofia Aiport. The land borders with Yugoslavia, Macedonia, Turkey and Greece. Transportation in Bulgaria also takes place utilizing an extensive network of roadways, railways and waterways. The many different ways of transportation in Bulgaria in combination with the frequent direct flights provide easy and comfortable access to the company's headquarters for the potential IBC owner.
The partnership is expected to bring TaxManagement's digital services and practices to the Bulgarico IBC's remote management. "A Turn-Key solution is what we aim for! Set your company in a safe place, automate the whole management process, get notified everywhere about everything using our SMS and email platforms and focus strictly on your business.", said Dimitris Eftaxias, co-founder and chairman of TaxManagement. "We strongly believe that tax optimization is an art. Our partnership with TaxManagement will enable us to invite entrepreneurs to a low-tax, high-security world without the Offshore stigma." adds Ivailo Atanassov, co-founder and strategic manager of BulgariCo.
Executives and directors of the two companies have extensive experience in the wide area of international business development. TaxManagement also has a strong background in internet marketing solutions. Finally, both BulgariCo and TaxManagement offer a money back guarantee, making company formation in Bulgaria a fail-proof choice.
TaxManagement, with headquarters in Thessaloniki, Greece, is a large scale company that provides integrated solutions and services to develop new commercial and investment activities in Bulgaria and in more than 30 countries all over the world.
BulgaryCo is the largest integrated Bulgarian company formation, legal advice, tax advice and accounting practice in Bulgaria. Established in 2004 BulgariCo is a recognized member of the Bulgarian Chamber of Commerce.
Dimitris Eftaxias, Chairman & CEO
TaxManagement Ltd. - Commercial and Investment Solutions
SOURCE TaxManagement Ltd. – Commercial and Investment Solutions