BOA co-signs Industry Appeal for Preferential R&D Tax Measures

BOA, together with AmCham, ArPharm, Automotive Cluster Bulgaria and BAIT, submitted a joint proposal for a tax exemption for companies, which invest in Research and Development.

The purpose of this legislative change is to promote investments in innovation by companies in hi-tech sectors that generate high added value. This will increase the competitiveness of the Bulgarian economy, as well as its sustainable development.