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startups

Startups

UPSKILL provides consultancy and support to companies who are interested in starting or enlarging their business in Bulgaria and neighbouring countries.

Startup business consultations

We could assist your Start Up with:

  • Information
  • Market research
  • Legal Issues
  • IT Consultations
  • Finding and Equipping Office Space
  • Recruitment
  • Training and Coaching
  • HR Management
  • Personnel Leasing
Open an office in BulgariaBulgaria is part of the largest single market on the planet (EU), has one of the fastest growing economies in Europe and one of the lowest tax rates (10% income tax and corporate tax) as well. Combined with the talent pool advantages in multiple fields (especially multilingual skills and software development) the country is an obvious shortlist location for future expansion. Once the decision is made, Upskill can help with everything else.
Can we start hiring and onboarding a local team before the local company is registered?Yes, Upskill can support with the recruitment process and can also hire the people directly if the employer doesn’t have the local office or entity ready. The employees work from home or from the Upskill office as a fully integrated part of the clients global team. This is one of best and easiest ways for a company to explore the local market without committing to any additional budget or expenses.
Average local salary levelsSalary levels depend on the profiles required. In certain areas like multilingual customer and technical support or IT industries, local salaries are similar to those in any other Southern European country and closing in on those in the Northern half of the continent. Mass profiles are still significantly lower paid compared to other EU locations. Upskill can always provide an accurate and up to date market research depending on exact client requirements.

Frequently Asked Questions

Why set up a company in Bulgaria?

The Republic of Bulgaria is part of the largest single market. It has one of the fastest growing economies in the EU and one of the lowest tax rates (10% income tax and corporate tax) as well. Combined with the talent pool advantages in multiple fields (especially multilingual skills and software development) the country is an obvious shortlist location for future expansion.

Can we start hiring and onboarding a local team before a local enterprise is registered?

Yes, we can support with the recruitment process and can also hire the people directly if the employer doesn’t have the local office or entity ready. The employees work from home or from the Upskill office as a fully integrated part of the clients global team.

What are the local salary levels?

Salary levels depend on the profiles required. In certain areas like multilingual customer and technical support or IT industries, local salaries are similar to those in any other Southern European country and closing in on those in the Northern half of the continent.