To calculate the salary and taxes in Bulgaria please click here.
What are the minimum wage requirements?
The minimum wage in Bulgaria for 2021 is BGN 710 per month.
Contributions & Taxes
How much are the contributions & taxes?
A flat 10% income tax is applied to individuals.
Employees will now be required to contribute 13.78% to Social Security in addition to this income tax.
The cost to the employer is often calculated as 9 to 19% of the employee’s salary.
- Pension Fund – 13.72%
- Health Insurance – 4.80%
- Occupational Accident and Disease Fund – 0.40%
- Labor Safety Company Insurance – BGN 25,00
What is the payroll cycle?
In Bulgaria, salaries are typically paid once every month on the fifth of the following month.
Is there 13th salary in Bulgaria?
Employees in Bulgaria may get bonuses, typically in the form of a 13th-month payment. Local labor rules do not mandate it, and it is thought of as a gratuity.
What are the main Labor Rules?
Probation period rules
A probationary period of no more than six months may be established by the employer in the employment contract.
Notice of Resignation or Termination: Depending on the situation or with mutual permission, employment contracts may end with or without notice.
- An indefinite employment contract must have at least a 30-day notice period before being terminated by either the employer or the employee.
- A fixed contract’s notice term is three months, however it cannot exceed the remaining time left in the contract.
- If the employment contract is about to expire, no notification is necessary (as in the case of a fixed contract).
The notice period can be extended up to 90 days and must be at least 30 days for both parties.
Leave and Benefits
Leave and Benefits rules
Employees are entitled to up to 180 days of paid sick leave. The first three days are paid by the employer at 70% of the compensation. The National Insurance Institute begins to pay 80% of its wage on the fourth day.
Maternity leave & Paternity leave
Employees who are pregnant are entitled to 410 days of paid maternity leave, of which 45 must be used prior to childbirth. The National Social Security Fund provides indemnity payments to employees on maternity leave in the amount of 90% of their gross wages.
After a child is born, the father is entitled to 15 days of paid paternity leave. With the mother’s permission, the father can take any unused maternity leave once the child is at least six months old.
With the exception of the 45 days taken prior to giving birth for the adoption of a child under 5 years of age from the date of adoption, adoptive parents are entitled to the same rights as those listed above.
An employee is entitled to paid parental leave once the maternity leave has ended until the child is two years old, which entails the following:
- For the first, second, and third children, two calendar years.
- For every extra child, six months.
What are the minimum vacation days?
A basic paid annual vacation period cannot be fewer than 20 working days in length.
Health Security & Private Insurance
All citizens are required to make contributions to the National Health Insurance Fund, which provides health insurance. You can get help from Native Teams in your search for the greatest private insurance in the nation. Please get in touch with us, and we’ll send you a comparison of insurance plans and costs.
* Native Teams can support you in finding the best private insurance in the country. Contact us and we will send a comparison of insurance packages and prices*
Relocation and Work Permits
Native Teams will act as your Employer of Record and apply for your work permit in the country. You will be able to upload all the needed documents in our app. Native Teams will support you by giving you regular updates on the progress until you get your work and residence permit.
How long is the Visa / Work Permit process?
2 to 4 weeks depending on the authorities and provided documents.
Which documents do you need?