Employer of Record (EOR) Services In Bulgaria

Using our EOR services in Bulgaria allows you to access the opportunities of the Bulgarian market within days while we take care of the paperwork for hiring your workforce compliantly.

Employer of Record (EOR)

Using our EOR services in Bulgaria allows you to explore these chances without the complexities of setting up an entity and the need to go through the complex paperwork.

Lion statue at Lion's Bridge in Sofia, Bulgaria

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Hassle-Free Expansion

The Republic of Bulgaria is strategically placed in the rapidly-developing Central and Eastern Europe (CEE) economic bloc. Traditionally experienced in engineering, economics, medicine and science, the well-educated are generally flexible towards new trends. Bulgaria is ideally positioned for investment by international companies who have set their sights on the region’s economic potential.

Alongside traditional sectors such as manufacturing and engineering, the Bulgarian economy has advanced through the development of Information and Communications Technology (ICT), food production, tourism, energy production and pharmaceuticals. Bulgaria’s increasing role in European and global affairs is reflected in memberships of the European Union (EU), the International Monetary Fund (IMF), the United Nations, the World Bank and the World Trade Organisation.

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Why Choose an EOR?

An EOR can provide companies that want to expand into Bulgaria with our global entity network. We would become your international employees’ Employer of Record whilst they are working remotely. This means that we take full responsibility for the employees’:

  • Labour contracts
  • Compliance with their local laws
  • Tax contributions
  • Payroll

Whilst all of this is taken care of by us, you will control the employees’ day-to-day tasks and activities. We take full legal responsibility for employing and paying your international employees in Bulgaria. Our team of HR, payroll and international legal experts can set up an EOR within days, not months.

The most significant benefit of using an EOR is probably that there is no necessity for you to set up an entity in Bulgaria. This process can take months, and during this period, it is unlikely that you will have legal resources to pay your employees in Bulgaria, resulting in a considerable delay in your Global Expansion plans.

Global expansion is an exciting step that often leads to a growing and successful business, but the red tape in a new country can be demotivating and frustrating. Imagine a way to expand your business without red tape globally and at low costs: that is what working with an EOR can do for you. By letting us take care of the hard part, you can focus on the significant part: expanding your business into Bulgaria.

These are the aspects we can take away from you:

  • Registering with the tax and social security office.
  • Immerse yourself in the local laws, customs, and regulations.
  • Get familiar with local labour benefits and other contract-related customs.
  • Approach potential employees and make them an offer.
  • Setting up the Payroll system compliantly.
  • Submitting wage tax returns and national insurance forms.
  • Staying up-to-date and compliant with changes in local regulations.

Benefits of Using EOR Services in Bulgaria

For Employers

As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort, but it does not have to. We have extensive experience with Bulgarian payroll, taxes, and other local laws and regulations at Bradford Jacobs.

We can help you with the following:

  • A tailored solution that fits your company’s needs and plans.

  • Local experts inform you about all you want to know about the Bulgarian market.

  • Providing EOR best practices on tax, treaties, expenses, and social security.
  • Fast-paces and efficient hiring.
  • Easy withdrawal from the market without worrying about labour contracts.

  • A hassle-free start of your Bulgarian journey within days.

Benefits of PEO services for employers

Offering You
Expert Guidance

Benefits of PEO services for employees

Keeping Your
Employees Happy

For Employees

Employees are the central core of your business. They keep the engine running; therefore, creating a stable agreement that satisfies both employer and employee is essential. As a legal employer, the EOR is responsible for keeping employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract.

We will make sure they enjoy the following:

  • Rapid and transparent onboarding.

  • An employment contract compliant with Bulgarian regulations.

  • A monthly agreed salary paid on time.
  • Excellent benefits such as pensions and insurance.
  • A regular point of contact.

  • Up-to-date information and consultation about changes in Bulgarian regulations.

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