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Relocation To Bulgaria
Relocation To Bulgaria
Relocation To Bulgaria
TO BULGARIA
FAQ SESSION
▪ Welcome and SoftServe overview
▪ Taxation
▪ Onboarding process
▪ Main offices are in Sofia and Burgas. There are also satellite
locations in Plovdiv and Varna
Well-known banks that are typically recommended: UniCredit Bulbank, Raiffeisen, DSK, Postbank.
Normal bank working hours are from 8:00 till 17:30, but many of them have branch offices with prolonged working
hours (until 19:30- 20:00) or offices that even work over the weekend.
SoftServe Confidential
SoftServe Confidential
! IMPORTANT
▪ Not a practice in Bulgaria and we don’t recommend it
▪ There is no tax relief for both sides and high legal risk
SoftServe Confidential
172.44
Taxes: 275.60
▪ Personal Income Tax – 10% flat
▪ Social Taxes – 13.78%, capped at 3400 BGN (Max Social
Security Threshold)
Example:
▪ Gross salary: 2000 BGN 1551.96
353.15
Example:
▪ Gross salary: 4000 BGN 468.52