Pension, General illness and maternity, Unemployment contribution,
Health insurance, Guarantee fund for salaries, Work accidents and
job related illness
Bulgaria is making a considerable effort to offer the lowest
corporate taxes in Europe. Corporate tax rate
in 2005 will go down to 15% and is already 0% in areas of high
unemployment.
As recruiting staff for your
Bulgarian operations you do need to bear in mind some requirements
that need to be followed to comply with local legislation. The link
below shown a detailed description of common issues that employers
need to consider while hiring and letting go of local personnel.
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Bulgaria Translation