Testimonial
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately.
5/5
By working with a high-quality Employer of Record in Bulgaria like INS Global, you can establish, hire, and grow while bypassing the complexities and expenses of global expansion.
PEO services in Bulgaria provide a secure, efficient, and cost-effective solution for accessing local expertise. INS Global offers PEO services in Bulgaria, enabling you to swiftly recruit and manage HR services for your in-country employees.
By serving as the legal employer for your employees, our Employer of Record (EOR) in Bulgaria handles the intricacies of local employer responsibilities and ensures compliance. This streamlined process allows businesses to expand within 48 hours, providing a safe and cost-effective approach to global expansion in Bulgaria or 160+ other countries worldwide.
PEOs have the right local experience and knowledge to help meet even the most complex regulations. This ensures that you‘re compliant with every labor law, preventing costly fines and penalties.
Working with a PEO allows you to outsource your HR and prevent costly fines and penalties when expanding internationally. The local expertise helps keep your business compliant while cutting through red tape and saving you from costly fines.
PEOs allow you to outsource your payroll, recruitment, and contractor management with a simple and efficient solution in Bulgaria. EOR and PEO services empower your company to focus on growing your business abroad with a partner that understands the local market.
When you expand internationally with a PEO, you can reduce the time needed to launch in a new country. While starting a new entity abroad can typically take anywhere from 4 to 12 months, working with a PEO streamlines the process to just a few weeks.
INS Global offers a streamlined, cloud-based solution that lets you control every aspect of your business online in one place. This platform allows you to manage a diverse, international workforce with ease.
Incorporating a company in a foreign country can be complicated, time-consuming, and expensive. On the other hand, working with a PEO comes with a range of benefits that helps you expand internationally with ease.
Working with a PEO…
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately.
INS Global’s Bulgarian EOR manages employee recruitment and management in four simple steps.
When expanding into a new country, you may be considering working with a PEO (Professional Employment Organization) or an EOR (Employer of Record). Here’s a quick guide to the differences between these options.
No, it is necessary to use a local entity abroad to comply with each country labor law.
Foreign companies can either set up a local entity in each country or use the services a local PEO (Professional Employment Organization) to hire the staff on-site directly.
An Employer of Record is the legal entity that‘s responsible for staff hired in a specific country. You can make use of PEO services to help with administrative tasks such as payroll management, hiring, recruiting, and even tax compliance.
An Employer of Record in Bulgaria can help with all kinds of HR-related tasks to ensure compliance for your workforce. This includes payroll management, tax compliance, employment contracts, social security deductions, and more.
Starting a new company abroad can take anywhere from 4 to 12 months. However, you can hire staff and expand abroad in less than a month with the help of INS Global‘s PEO services.
A PEO can help you save money by streamlining your entire expansion plan. While these services can range, INS Global‘s PEO comes with a monthly fee that‘s based on your employee‘s salary.
EORs are a safe, reliable, and efficient solution for businesses looking to expand into Bulgaria. EOR services speed up your expansion plans and help cut through red tape along the way.
Salaries and payroll are usually processed monthly in Bulgaria. However, some employers prefer to pay staff weekly. Employers are responsible for deducting taxes and social security contributions from all employee payments.
Recruiting top talent costs more than just paying a salary at the end of the month. While this is a challenge, working with a high-quality PEO can help you recruit and hire the best talent from anywhere in the world.
Yes. An EOR in Bulgaria can recruit and hire staff from all around the country. They can also manage a diverse, international workforce on your behalf.
All changes to employment contracts in Bulgaria have to be agreed upon by both parties. A PEO in Bulgaria will ensure that all employment contracts are compliant with local labor laws.
Yes. Employers in Bulgaria are responsible for deducting payroll taxes and other social contributions from every paycheck.
While some PEOs may have minimums and maximums that you can employ abroad, INS Global caters to your specific needs. We work with you to help recruit and hire as many employees as you need for your expansion plans.
The cost to fire an employee can vary depending on the reason for their termination. Severance pay may be required if the employee hasn‘t done anything wrong.
Both in-person and remote work options are available in Bulgaria. This can help you save on office costs while setting up operations in the country.
Yes! Our recruitment experts have decades of experience and can help find the right talent for your company. While international recruitment is usually complex, INS Global streamlines the process so that you can expand your business efficiently.
There are 12 national holidays in Bulgaria, with employees getting the day off with pay.
Employers in Bulgaria must navigate complicated labor and business regulations to stay compliant. This is why it‘s always a great idea to partner with a local PEO in Bulgaria to help ensure that you‘re following all local laws and regulations.
Yes! INS Global can help you streamline all your employment functions for both Bulgarian and foreign employees. You can control everything on a single cloud-based platform, making the entire process even easier to manage.
Level 39, Marina Bay
Financial Centre Tower 2,
10 Marina Boulevard
Singapore 018983
DOWNLOAD THE INS Expansion Insights
DOWNLOAD THE PDF