DevsData LLC – Premium Tech Recruitment Services in Bulgaria
IT recruitment in Bulgaria is a growing industry due to the country’s highly skilled workforce and favorable business climate. Bulgaria has become a popular destination for companies seeking to outsource their IT operations, as well as for companies seeking to establish a local presence in the country.
There are also numerous specialized IT recruitment agencies in Bulgaria that cater to the needs of both local and international companies. These agencies provide a wide range of IT recruitment services, including sourcing and screening of candidates, skills assessments, and candidate placement.
To succeed in IT recruitment in Bulgaria, it is important to have a deep understanding of the local market, including the language, culture, and business environment. In addition, having strong connections with local universities and technical schools can help in identifying and attracting top talent.
The tax system in Bulgaria for the IT sector is designed to promote growth and development of the industry. The low corporate income tax rate, reduced social security contribution rate for research and development activities, and reduced VAT rate for IT services are all aimed at making Bulgaria an attractive location for IT companies to do business.
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Bulgaria has a rapidly growing IT sector, which has been experiencing significant growth in recent years. The country has become a preferred destination for outsourcing IT services, particularly for companies from Western Europe and the United States. Here are some key points about the IT sector in Bulgaria:
Bulgaria has a strong talent pool of IT professionals, with many universities offering computer science and IT programs. The country has a high number of engineers, developers, and software experts, many of whom are proficient in English.
The cost of doing business in Bulgaria is relatively low, making it an attractive location for IT outsourcing. Salaries for IT professionals in Bulgaria are also lower than in many other European countries, which can help companies reduce their overall costs.
Bulgaria has a well-developed infrastructure for the IT industry, with a high-speed internet connection and access to the latest technologies.
The Bulgarian government has been actively supporting the development of the IT sector in the country. The government has implemented various measures to promote innovation and entrepreneurship, including tax incentives for IT companies and initiatives to promote research and development.
Bulgaria has a growing startup ecosystem, with a number of successful startups emerging in recent years. The country has a supportive entrepreneurial environment, with many startup incubators and accelerators, as well as access to funding from venture capitalists and angel investors.
In Bulgaria, the tax system for the IT sector is designed to promote growth and development of the industry. Here are some key points about taxes in Bulgaria for the IT sector:
The corporate income tax rate in Bulgaria is 10%, which is one of the lowest rates in the European Union. This rate applies to all companies, including those in the IT sector.
Employers in Bulgaria are required to pay social security contributions for their employees. However, for employees in the IT sector who are involved in research and development, the social security contribution rate is reduced by 50%. This is aimed at incentivizing companies to invest in research and development activities.
The personal income tax rate in Bulgaria is a flat 10%. This rate applies to all employees, including those in the IT sector.
The standard value-added tax (VAT) rate in Bulgaria is 20%. However, for some IT services, such as software development, a reduced VAT rate of 9% applies. This is aimed at promoting the development of the IT sector in Bulgaria.
The Bulgarian government offers various incentives for companies in the IT sector, such as tax exemptions for research and development activities, as well as reduced tax rates for companies operating in certain regions.
I’ve worked with DevsData on numerous projects over the last 3 years and I’m very happy. They demonstrated a strong degree of proactivity, taking time to thoroughly understand the problem and business perspective. The solutions they designed exceeded my expectations.
PARTNER & EXECUTIVE VP OF VERUS FINANCIAL LLC;
INVESTOR & SERIAL ENTREPRENEUR
Retail / E-commerce
Bulgaria has a number of reputable schools and universities that offer programs in information technology (IT) and related fields. Here are some of the top IT schools and universities in Bulgaria:
This is one of the oldest and most prestigious universities in Bulgaria, offering a range of IT programs, including computer science, software engineering, and information systems.
This university has a strong reputation in the field of engineering and offers several IT-related programs, including computer science, information technologies, and telecommunications.
This private university offers a range of undergraduate programs in IT-related fields, including computer science, information systems, and business information systems.
This private university has a strong focus on IT and offers a range of programs, including computer science, software engineering, and information systems.
This university has a focus on business and offers a range of IT-related programs, including information systems and web technologies.
This university has a strong reputation in the field of engineering and offers several IT-related programs, including computer science, software engineering, and information technologies.
This university offers a range of IT programs, including computer science and information technologies.
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“DevsData LLC is truly exceptional – their backend developers are some of the best I’ve ever worked with.”
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“I interviewed about a dozen different firms. DevsData LLC is truly exceptional – their backend developers are some of the best I’ve ever worked with. I’ve worked with a lot of very well-qualified developers, locally in San Francisco, and remotely, so that is not a compliment I offer lightly. I appreciate their depth of knowledge and their ability to get things done quickly. “
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