Services
Payroll services
Monthly salary calculation and everything the Bulgarian authorities require around it, handled by people who have done it for over twenty years.
The payroll problem
Small payroll mistakes become big problems.
Errors happen every year
A large share of businesses face payroll errors annually.
The rules keep changing
Compliance risks are rising with constantly changing tax laws and labour regulations.
Manual work slows everyone down
Manual processes lead to inefficiencies and to dissatisfied employees.
What is included
Monthly calculation
- Calculation and processing of salaries with specialised software, including additional remuneration, leaves and sick leaves
- Absence management: weekly input and reporting of paid and unpaid leave, sick leave and other absences
- Special pay calculations: overtime, public holiday and night work based on monthly schedules
- Bonuses and incentives: monthly, quarterly, annual and ad-hoc bonus calculations and payments
- Deductions and refunds: loans, garnishments, voluntary insurance contributions and other client-specific deductions
- Insurance administration: employer and employee contributions to health and life insurance
- Accruals and adjustments: custom earnings and deductions per client requirements
Payment and payslips
- Payroll documentation: payroll forms and summaries prepared for client approval
- Salary payments: bank transfers and payslip distribution by email
- Tax and social security: monthly tax and social security payments
Declarations and reporting
- Submission of Declarations 1 and 6 to the National Revenue Agency (NRA)
- Sick and maternity leave reporting to the National Social Security Institute (NSSI) twice a month
- Monthly, quarterly and annual reporting to the National Statistical Institute (NSI) and other authorities
- Client-specific reporting: tailored reports and references for management purposes, delivered after payment on the client's timeline
- Ongoing communication with the NRA, the General Labour Inspectorate (GLI), the NSSI and other institutions
- Assistance with inspections and audits by the General Labour Inspectorate, the NRA and the NSSI
Contracts and records
- Employee lifecycle updates: onboarding, terminations and contract changes
- Preparation of employment contracts: new hires, changes and terminations
- Validation of labour and insurance records
- Issuance of work certificates
- Maintenance of the record-of-service register, overtime register, sick-leave reports and similar records
Civil contracts
- Preparation and payment of civil contracts according to the specifics of the client
- Preparation and submission of monthly and quarterly reports according to the client's specifics and the requirements of the legislation
- Submission of Declaration 1 and Declaration 6
Not sure which service you need?
Describe your situation and we will tell you honestly what makes sense. or call +359 885 41 62 15.