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Globalpedia

Expand your global workforce in BgBulgaria

globalpedia-hero-bulgaria-1.jpg

Population

6,447,710

Languages

1.

Bulgarian

Country Capital

Sofia

Currency

Lev (BGN)

EOR Default Thumbnail

Employer of Record in Bulgaria.

G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Bulgaria. Your candidate is hired via G-P’ Bulgaria PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.

12Holidays per year
40hours per weekWorking hours per day or month
Payroll Default Thumbnail

Payroll in Bulgaria.

Planning an expansion to Bulgaria comes with the promise of many positive effects — you can hire talented new employees, form important business relationships, and push your company across borders. However, you also need to focus on the more difficult aspects, such as setting up your Bulgaria payroll, following employment compliance laws, and running a new company location.

Hiring in BgBulgaria.

Bulgaria is a country in southeastern Europe that borders the Black Sea. Although it’s a great location in which to expand and pursue business relationships in western and eastern Europe, Bulgaria has a population of only 7 million people, which can make it challenging to hire.

Compensation & Benefits in Bulgaria.

Your Bulgaria subsidiary is only as strong as the employees who help build it. You can hire the best employees by offering outstanding compensation and benefits that set your company above the competition.

BGN780 per monthMinimum wage per month
20daysAnnual vacation leave (min)
globalpedia-hero-bulgaria-1.jpg

Bulgaria Subsidiary.

Pushing your company across countries and oceans and into Bulgaria is a great choice that comes with big opportunities. You’ll get to form new business relationships while showing your original partners that you’re committed to international operations. However, your expansion also includes numerous steps to complete that can take anywhere from weeks to months.

Work visas & permits in BulgariaTypes of work visasRequirements to obtain a visaApplication processImportant considerations

Bulgaria Visas & Permits.

A stable economy, low cost of living, and numerous employment opportunities make Bulgaria a popular destination for expatriates. If your company is planning to expand or outsource operations in Bulgaria, you’ll need to ensure that all of your employees have the necessary permits and visas to work there legally.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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BgBulgaria.

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