site.btaEurozone Membership, Stable Tax Policy to Boost Investment Interest in Bulgaria, Says BCCI President

Maintaining the current tax policy and joining the eurozone are key factors for enhancing the attractiveness of Bulgaria’s economic environment and will contribute to increased investment interest in the country, said Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry (BCCI), during the sixth edition of the international conference “Financial and Investment Support for SMEs – Sofia International Money Expo” (SIM EXPO 2025) held in Sofia on Tuesday.

The event was organized by the BCCI in cooperation with Antika World, and in partnership with the Executive Agency for the Promotion of Small and Medium Enterprises and Sofia Municipality, under the motto: “Sofia – Regional Financial Hub.”

Simeonov noted that despite pressure to increase the tax burden in the country from some groups, including trade unions, the current government has clearly stated that no changes to Bulgaria’s tax policy are expected in the near future.

He also highlighted that the BCCI is actively working with institutions to simplify procedures for importing labor from abroad. “Whether qualified or even unqualified labor, it will ease the pressure on Bulgarian entrepreneurship caused by the labor shortage,” Simeonov said.

According to him, the main concerns for businesses in Europe – and increasingly in Bulgaria – are not only the labor shortage but also rising demands for higher wages and the impact this has on the final cost of products across various industries.

During the conference opening, Ahmed Nasr, CEO of Antika World, stated that Bulgaria has competitive advantages that can attract more foreign investors. He added that his company offers one of the best platforms for digital and green transformation and is ready to serve as a hub for all Arab countries looking to do business in Bulgaria.