Bulgaria
![Flag-Asset 144 Flag-Asset 144](https://eomeurope.com/eom_europe_2024/wp-content/uploads/elementor/thumbs/Flag-Asset-144-qos9dlwtqrt61f9s9pzrcs8tw1cl1mw0w3dyp5i9g8.png)
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/General-Overview.png)
General Overview
- Currency: Bulgarian Lev (BGN)
- Languages: Daily and business communication in Bulgarian.
- Public Holidays: Total of 12 days national public holidays.
- Capital: Sofia
- Fiscal Year: Running from Jan 1 to Dec 31.
- Minimum Hourly Wage: BGN 3.40 (2023).
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Tax.png)
Tax Essentials
- Income Tax Range: 10%.
- Other Taxes: VAT 20%, Corporate tax 10%.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Social.png)
Social Security Contributions
- Employer Charges: From Approx. 18.5%.
- Employee Charges: From Approx. 12.9%.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Employment.png)
Employment Contracts & Conditions
- Contract Types: Permanent, Fixed-term.
- Trial Periods: Up to 6 months.
- Paid Holiday: 20 days annually.
- Salary Payment Frequencies: Monthly.
- Termination Notice: 1-3 months for permanent, less for fixed-term.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Legal-benefits.png)
Legal Benefits for Employees
- Medical Coverage: State (Basic healthcare).
- Common Non-Compulsory Benefits: Additional health insurance, meal vouchers.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Non-resident.png)
Hiring Non-Resident/Non-European Workers
- Visa & Work Permits Obligation: Yes, for non-EU/EEA citizens.
- High-Skilled Worker Permits: EU Blue Card; requires a university degree and a job offer with a salary at least 1.5 times the average gross annual salary.
- Visa & Work Permits Timelines: Up to 3 months.
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
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