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Only 2 BGN to be the minimum foundation capital for company registration in Bulgaria

At this moment ,Bulgaria is one of the countries in the world with the lowest minimum foundation capital.
According to Executive director of the confederation of employers and industrialists in Bulgaria, Evgeni Ivanov, decreasing the minimal foundation capital from 5000 BGN to 2 BGN ( about 1 EUR) will create conditions for a quick registration procedure.
This way the law will stimulate entrepreneurs and they will create new goods, new jobs and services.
It is believed that this measure will raise the level of entrepreneur ship in Bulgaria.