Last Updated on October 22, 2023 by Bulgarian attorney

Payroll Services in Bulgaria

Payroll in Bulgaria

Our aim is to make the payroll services in Bulgaria as simple and hassle-free as possible. Leveraging the power of the Cloud, our accounting and payroll services provide you with immediate access to all your payroll documents from a single location, accessible anytime and on any device. We have fine-tuned every process to deliver the utmost excellence in payroll services throughout Bulgaria

Our Payroll Services in Bulgaria include:

Calculation of staff wages. If you would like to employ new staff or increase or lower the salaries of existing staff, we will do all the necessary calculations for you.
Preparation of payrolls and payment documents in connection with social security contributions and taxes. We will prepare templates in your e-banking account and you can easily execute salaries, social contributions and tax payments. We will only have access to view and create payment documents in your account; hence, only you can execute the payments. Otherwise, you can find payment templates in your Cloud folder and create the payment orders yourself.
Filling out details in employment record and social security contributions books and certification of lengths of service
Providing reports to management. All reports will be uploaded to your Cloud folder once prepared.
Keeping comprehensive files on all employees. Once prepared, all employees’ files will be uploaded to your Cloud folder.
Handling forms 1 and 6—Presentation of information on the persons paying for social security before the National Social Security Institute (NSSI) and NRA. All forms will be uploaded to your Cloud folder.
Calculation of sick leave, annual leave and of all outstanding social and health insurances, income tax, etc.

You can have a look at our fees for Accounting services in Bulgaria.

Benefits of Cloud Payroll in Bulgaria:

Instant access to your Payroll
Access from anywhere, any device
Easy tracking of your monthly and annual Payroll in Bulgaria
All-important Payroll documentation in one place
Safe storage of your Payroll documentation on the Cloud

You will have easy and instant access to all your payroll documentation as:

Templates of payment orders for salaries, social contributions and tax payments
Files of your employees. The files include employment contracts, termination orders, leave & sick documentation, and personal documentation of employees.
Forms 1 – 6 required by the National Social Security Institute (NSSI) and NRA
Statutory reports and statements which are required by the law.
Your accounting & tax documentation will be on the Cloud as well.

We will assist with:

Drafting the employment contracts, management contracts and annexes to such contracts
Registration and pre-registration of the employment contracts in the National Revenue Agency
Maintenance and administration of the labor books of the employees;
Preparation and administration of other labor and social security documents (applications, orders, declarations, memorandums);
Preparation of documents for termination of the relations with an employee and issuance of all necessary certificates;
Maintenance of the employees’ records in perfect condition.

If you need assistance with Payroll in Bulgaria, please feel free to contact us.

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For more details about our Payroll services in Bulgaria, please feel free to contact us.