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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. Â
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. Â
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.Â
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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. Â
Working with a PEO…Â
The Advantage in Figures
PEO/EOR
Company Incorporation
Price
80% Less Expensive
Market Entry
2-5 Days
6 Months
Legal Assurance
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. Â
Grow Your Company Faster
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.Â
Expand Efficiently
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.Â
Save Money and Time
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. Â
Manage Your HR Online
NS 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.Â
INS Global’s Bulgarian EOR manages employee recruitment and management in four simple steps.Â
1
We work with you to discuss your plans and create a strategy that best serves you.Â
2
Our organization provides a legal entity that helps you hire staff in Bulgaria.
3
We handle all HR-related tasks such as recruitment, employment contracts, and payroll to ensure legal compliance.Â
4
Your employees continue to work towards your goals while we handle HR.
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. Â
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faqs
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. Â
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.Â
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. Â
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.Â
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.Â
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. Â
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.Â
A Global Employer of Record is an effective solutions for companies like yours that are looking to expand a workforce abroad effortlessly.
This approach allows you to outsource the international hiring process quickly and efficiency, providing access to a global talent pool while still managing payroll compliance in each country.
Level 39, Marina Bay Financial Centre Tower 2, 10 Marina Boulevard
Singapore 018983ÂPublic Holidays Calendar
Bulgaria
Date | Day | Holiday | Notes |
January 1 | Wednesday | New Year’s Day | Celebrates the first day of the year |
March 3 | Monday | Liberation Day | Commemorates Bulgaria’s liberation from Ottoman rule in 1878 |
April 18 | Friday | Orthodox Good Friday | Observed by the Eastern Orthodox Church |
April 19 | Saturday | Orthodox Holy Saturday | Observed by the Eastern Orthodox Church |
April 20 | Sunday | Orthodox Easter Sunday | Observed by the Eastern Orthodox Church |
April 21 | Monday | Orthodox Easter Monday | Observed by the Eastern Orthodox Church |
May 1 | Thursday | Labour Day | International Workers’ Day |
May 6 | Tuesday | Saint George’s Day / Bulgarian Armed Forces Day | Honors Saint George and the Bulgarian military |
May 24 | Saturday | Day of Bulgarian Education and Culture and Slavonic Literature Day | Celebrates the Cyrillic alphabet and Bulgarian culture |
May 26 | Monday | Day off for Culture and Literacy Day | Observed when May 24 falls on a weekend |
June 1 | Sunday | Children’s Day | Celebrates children and their rights |
June 15 | Sunday | Father’s Day | Honors fathers and fatherhood |
July 1 | Tuesday | July Morning | Celebrates the beginning of the summer season |
September 6 | Saturday | Unification Day | Commemorates the unification of Eastern Rumelia and Bulgaria in 1885 |
September 8 | Monday | Day off for Unification Day | Observed when September 6 falls on a weekend |
September 22 | Monday | Independence Day | Marks Bulgaria’s declaration of independence from Ottoman Empire in 1908 |
November 1 | Saturday | Revival Day | Honors Bulgarian Enlighteners |
December 24 | Wednesday | Christmas Eve | Celebrates the evening before Christmas |
December 25 | Thursday | Christmas Day | Celebrates the birth of Jesus Christ |
December 26 | Friday | Second Day of Christmas / Father’s Day | Continuation of Christmas celebrations and honors fathers |
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