balgarianovinite.com/ Companies will now be able to deduct an additional 25% of their research and development (R&D) expenses for tax purposes, after the National Assembly adopted on second reading amendments to the Corporate Income Tax Act, the Association for Innovation, Business Excellence, Services and Technology (AIBEST) stated in its position on the subject on Friday.
In it, the Association states that the legislative change is the result of AIBEST’s long-term efforts to create a predictable and competitive environment for innovation and it puts Bulgaria in a better position compared to other European economies. They add that the amendments were achieved not only in cooperation with institutions but also with the support of the Bulgarian Employers’ Association Innovative Technologies (BRAIT).
They also state that the aim of the adopted changes is to accelerate the implementation of new technologies and products, to support the creation of highly qualified jobs and to increase the competitiveness of the Bulgarian economy. The introduction of tax incentives for R&D creates a stable foundation for long-term investments, a stronger innovation ecosystem and a better position of Bulgaria in high value-added chains in the European Union, the Association’s announcement also states.
“This law creates conditions for R&D to develop as a sustainable structural element of the economy, rather than as an isolated practice. Predictability and clear rules are key for companies to plan long-term and expand high-value-added activities in Bulgaria,” commented Yordan Ginev, Chair of AIBEST.
“The change is an extremely important moment for the Bulgarian economy. For years, AIBEST has insisted that without real economic instruments to encourage R&D, Bulgaria is lagging behind in the competition for investments, technologies and talents. Today, we already have a working framework that provides predictability to business and sends a clear signal that our country supports innovation according to European standards,” said Nataliya Georgieva, Executive Director of AIBEST. Bulgaria Introduces R&D Tax Incentives, Industry Group Says 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-03-13 16:49:59 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law