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SALARY PAYMENT IN Bulgarian lev (BGN, Лв)
CONTRACT LANGUAGES Bulgarian / English
PAYROLL TAX 18.92% – 19.62%
PAYROLL CYCLE Monthly
TIME TO HIRE 24 hours
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Hire and pay talents
with Horizons in
180+ countries
Horizons provides compliance solutions to ensure your business in Bulgaria operates in line with Bulgaria labor laws and tax regulations. Businesses benefit from hiring in, investing in, or job outsourcing to, Bulgaria in a range of industries, from customer service, to accounting services, to software development. We also process monthly payroll, and, as an Bulgaria Employer of Record, absorb all local employer liabilities. Partnering with our Bulgaria PEO is the quickest and most cost-effective way to enter the Bulgaria market.
PEO Platform Hire in Bulgaria, and pay employees through our platform or app. | PEO Cost Our Bulgaria PEO solution is the most affordable on the market. | Time-to-hire Fast onboarding in Bulgaria, hire in as little as 24 hours. |
Contracts We draft labor contracts compliant with Bulgarian labor law. | Local Benefits We administer all mandatory benefits and contributions in Bulgaria. | 185+ Countries It doesn’t stop with Bulgaria — we are an international PEO |
We strongly recommend that you always provide your employees in Bulgaria with written contracts of employment. These contracts should be written in Bulgarian, use the Bulgarian lev currency, and include details such as compensation, parental leave allowance, vacation allowance, and any other relevant information.
Probationary period | 3 – 6 months |
Termination notice period | 30 days minimum, 90 days standard |
Severance | 1 – 4 months’ salary, depending on type of termination |
Probationary period | 3 – 6 months |
Termination notice period | 30 days minimum, 90 days standard |
Severance | 1 – 4 months’ salary, depending on type of termination |
The limit of a normal working week in Bulgaria is eight hours per day, five days per week. Beyond this, employers must pay overtime rates. 180% of normal wages should be paid on weekdays, 175% on holidays, and 200% on public holidays.
Quick, compliant hiring in 24 hours—no subsidiary required.
Bulgaria has a range of national public holidays that are celebrated annually. In 2023 these holidays are:
Date | Holiday name |
---|---|
1 Jan Sunday | New Year’s Day |
2 Jan Monday | Day off for New Year’s Day |
3 Mar Friday | Liberation Day |
14 Apr Friday | Good Friday |
15 Apr Saturday | Holy Saturday |
16 Apr Sunday | Easter Sunday |
17 Apr Monday | Easter Monday |
1 May Monday | Labor Day |
6 May Saturday | St. George’s Day |
8 May Monday | Day off for St. George’s Day |
24 May Wednesday | Culture and Literacy Day |
6 Sep Wednesday | Unification Day |
22 Sep Friday | Independence Day |
1 Nov Wednesday | Revival Day |
24 Dec Sunday | Christmas Eve |
25 Dec Monday | Christmas Day |
26 Dec Tuesday | Second day of Christmas |
27 Dec Wednesday | Christmas holiday |
Workers in Bulgaria are entitled to at least 20 days of vacation leave per year.
Employees in Bulgaria are entitled to paid sick leave. The first day is covered by the employer, and any further absence is paid by the state. The compensation for this second period is generally 80% of normal pay for normal sickness, or 90% for workplace-related sickness or injury.
Female employees in Bulgaria can take 410 days of paid maternal leave( covered by the state). 45 of these days must be taken prior to the birth. Compensation is equivalent to 90% of the employee’s normal salary.
Male employees can take 15 days of paid leave following the birth of their child, and can use the mother’s unused leave (if there is any) after the child is at least six months old.
There are different rules for parents who have more than one child.
In Bulgaria employers and employees must pay social security contributions. Employers cover 60% and 40% of the contributions, which total of 17.3% of salary, plus pension insurance contributions of 5% of salary, and health insurance contributions of 8% of salary.
Employers must also contribute between 0.4% and 1.1% of salaries to workplace accident insurance.
Employees in Bulgaria are generally entitled to a minimum of 30 days of notice for terminations. If an employee is terminated due to sickness and has been with their employer for more than five years, they are entitled to severance of at least two months’ pay.
The minimum wage in Bulgaria is €311.9 per month (in 2020).
Minimum Wage Country Comparison Chart | (Per month in USD) |
Switzerland (Geneva) | $4,000 |
Italy | $2,255 |
Australia | $1996 |
Algeria | $156 |
Uzbekistan | $22 |
With Horizons, you get quick service, transparent pricing, and expert support.
A Bulgaria PEO and a Bulgaria EOR are two types of companies which specialize in providing human resources services to businesses in Australia.
The main difference between a Bulgaria PEO and a Bulgaria EOR is in the scope of their services.
Australia PEOs provide a full range of HR services, including payroll, benefits administration, and employee recruiting—all under one roof as a co-employer. Engaging a Bulgaria PEO is essentially outsourcing your HR duties in Australia.
Australia EORs actually take over as the legal employer of your employees based abroad. Australia EORs become responsible for labor compliance for your employees in Australia.
At Horizons, we offer both PEO and EOR services in Australia. Get in touch now and let us know what service you are seeking.
A PEO in Bulgaria can feasibly hire both local and foreign nationals to work in Bulgaria.
However, the ability of Horizons to sponsor your foreign national employee in Bulgaria may be limited due to visa quotas practiced in many countries.
Contact us with your requirements and our Global Mobility team with review the case and get back to you within 2 business days.
In most cases, Horizons’ Bulgaria PEO can hire & onboard your employee within 24 hours. The actual start date of the employee will depend on their notice period obligation to their previous employer as well as any relevant hiring rules in Bulgaria.
It is possible to get a work visa in Bulgaria. Horizons’ Global Mobility team is a dedicated team of work visa experts. They assess the details of each case to determine feasibility and costs before Horizons applies for the work visa on behalf of your employee. If the Global Mobility team determines that your case is feasible, the process is smooth and transparent. Visa spots in Bulgaria are limited, however—get started today to secure your employees’ visa spot.
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