Concealment of social mandatory contributions in large size (over 3 000 BGN) is criminalized. Employers who do not pay contributions on real wages of its employees could face fines and imprisonment from 1 to 6 years.
Recent Posts
February 20, 2024
ELCTRONIC EMPLOYMENT DOCUMENTS
The employer has the obligation to crate employee’s file when employment relations start and store the documents related to the beginning, existence, amendment, and termination…
February 16, 2024
Making the Switch to E-invoicing in Bulgaria: Everything you Need to Know
Modern accounting systems and processes are becoming more streamlined and automated than ever before. In 2024, e-invoicing is increasingly being adopted by European businesses and…
November 30, 2023
Leinonen Bulgaria celebrating 25th anniversary of the Bulgarian Business Leaders Forum
As a member of Bulgarian Business Leaders Forum (BBLF) Leinonen Bulgaria has joined the celebration ceremony of 25th anniversary of the Forum on November 21,…