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Electronic Employment Documents in Bulgaria
Bulgaria has largely digitalised employment records and introduced a mandatory electronic employment register, while still allowing employers to keep personnel files on paper if they…

Choosing the Right Business Entity in Bulgaria: A Guide
The five traditional business forms most commonly used by foreign investors in Bulgaria are described below, and selecting the right one for your foreign-owned business…

Taxation of employees’ bonuses in Bulgaria
Bonuses are an excellent way to incentivise employee performance, retain a loyal workforce, and solidify your reputation as a company that truly values its staff.…

Employment and Payroll in Bulgaria
Boasting a business-friendly environment, seamless access to the European market and a competitive tax system, Bulgaria is fast emerging as an EU business leader. What’s…

Taxation in Bulgaria: What Foreign-owned Businesses Need to Know
With its business-friendly environment, skilled workforce and access to the European market as a European Union (EU) member state and Schengen Zone member, it makes…

BUSINESS IN BULGARIA
Bordering both the European Union (EU) and Asia, Bulgaria’s strategic geography makes it an appealing location for foreign-owned businesses. With a thriving resources sector dominated…

Public Holidays in Bulgaria: A Guide for Employers
Bulgaria is a country rich with cultural and religious heritage, and its citizens hold a great sense of national pride. Public holidays in Bulgaria are…

Euro Adoption: A Historic Shift for Bulgaria
On January 1, 2026, Bulgaria will officially join the Eurozone, marking a significant milestone in its economic integration with the European Union. The Bulgarian lev…

Christmas Bonuses in Bulgaria: A Guide for Foreign-owned Businesses
Bulgaria’s work culture blends traditional and modern practices, placing high value on relationships, hierarchy, and teamwork. Christmas is widely celebrated in Bulgaria and, while not…