PEO/Employer of Record in Bulgaria
Hire your employees in Bulgaria while NNRoad handles all employer liabilities. No local entity needed.
Looking for the right candidates and knowing how the hiring of employee procedures in Bulgaria, NNRoad can help you in making the right decision.
NNRoad provides comprehensive Professional Employment Services (PEO) for clients enabling them to have control of day to day tasks of the employees, while we take of the compliance with the local authorities. We act as Employer of Record, offering you peace of mind by hiring employees to work on your behalf.
Our team will handle the administrative responsibilities and legal liabilities associated with maintaining the employees, allowing you to focus on core competencies for the growth and expansion of your business.
NNRoad's Employment Outsourcing in Bulgaria Includes:
- The hiring of and termination of employees/local labor contracts (contract administration – checking right to work legally in Bulgaria, service contract (including position, start date, place of work, etc), relieving letter if necessary).
- On-boarding and off-boarding employees following local law practice.
- Complete payroll solution and statutory benefit administration like the social security (DOO), the health insurance (ZO), and the additional pension insurance with Universal Pension FUND (DZPO-UPF); as well as the related Personal Income-tax (PIT).
- Employee management – employee record retaining, timekeeping, bonus and allowance management, expenses and claims, and leave employee database management accordingly to the local law.
- Mandatory contributions and statutory benefits policy updating on a regular basis according to the local laws.
- Payment management, including invoicing customers/clients and salary payments and providing monthly payroll reconciliation reports.
- Guidance regarding the application of social security and labor legislation.
- Foreigner VISA application, if needed.