Bulgaria
Bulgaria
Bulgaria showcases its great IT potential with an impressive growth in IT sector in last year. With a substantial workforce of approximately 90,000 IT specialists and over thousands of software companies operating in various domains, the country presents a strong foundation for IT development and investment.
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Coherent Solutions Office has been opened in Sofia, the capital city of Bulgaria. It has witnessed significant IT sector development, with over 370 new registered software companies in 2021 alone, establishing it as a thriving hub for technology and innovation.
Talent and Education
There are 15 universities that offer ICT programs, and 5000 graduates receive engineering diplomas each year. About 30 private software academies that offer short to mid-term educational programs and 220 well-established high schools that offer ICT programs combined with English classes.
Business Environment
Bulgaria has the lowest taxation in European Union – flat 10% taxes. According to the World Bank’s Doing Business 2021 report, the country ranked 19th globally for ease of doing business, indicating its favorable business climate and conducive environment for investments.
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1600 Utica Ave. S., Suite 120
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