You will surely enjoy your business sojourn in Sofia, as every entrepreneur, freelancer, or even a corporation owner likes to hear that the corporate income tax is only 10%. This is one of the lowest rates in Europe, which renders Sofia as a perfect place to start off your business and thrive in the conditions created specifically for fostering the area’s commercial development. Shared office spaces in Sofia are a real hit with some of the world’s biggest names in the IT industry. Hewlett-Packard, Coca-Cola, Robert Bosch GmbH, and others have all placed their European IT headquarters in Sofia because this is a city that is focused on supporting businesses and not controlling them. The approach taken by Sofia’s authorities to welcoming both domestic and foreign companies is simple and yet marvellous at the same time: a supported company is a company that needs no extensive control over. Coworking spaces in Sofia are only going to become more popular. The city has already established three Business & Tech clusters in different parts of the city, including Sofia Tech Park, Business Park Sofia, and Capital Fort. The lure Sofia throws at investors is incredibly attractive: low taxes, a flamboyant market, and a developed business infrastructure seem to represent quite a combination to take advantage of.