COUNTRY GUIDE
A short guide to building a dedicated offshore team in Bulgaria
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Sofia
Bulgarian
6.68 million
GMT+3
66,000+
Bulgarian Lev (BGN)
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$5.28 billion
$400+ million
Sofia
Bulgarian
6.68 million
GMT+3
66,000+
Bulgarian Lev (BGN)
$5.28 billion
$400+ million
Bulgaria, situated in Southeast Europe, is carving a niche for itself in the global IT arena, with an education system that sees approximately 6,000 engineering graduates entering the workforce annually, ready to contribute to technological progress.
Sofia, the capital, is the heart of Bulgaria's tech boom. The city is alive with innovation, hosting an array of tech gatherings, startup accelerators, and R&D activities, drawing in a pool of professionals excelling in various technological domains, from software design to IT solutions.
The Bulgarian IT sector is on a robust ascent, with a projected CAGR of 8.66% between 2023 and 2028, showcasing the country's burgeoning role as a formidable IT service provider internationally.
Bulgaria's strategic geographical placement, competitive operational costs, and culture of innovation are quickly rendering it a preferred destination for businesses in search of superior software development services. The country's commitment to technological advancement, combined with a skilled professional cadre and a dynamic IT market, solidifies Bulgaria's position as an attractive spot for technology investments and partnerships.
Payroll Cycle
In Bulgaria, the standard payroll cycle typically occurs on a monthly basis, and payment is made 1 time per month according to the country law.
Employer Taxes
19.32% – 20.72%
Overtime Pay
Overtime compensation in excess of the standard 40-hour workweek is governed by employment contracts or collective agreements. Generally, overtime is subject to maximum limits, which include 3 hours per day (spread across two consecutive days), 6 hours per week, 30 hours per month, and 150 hours per year.
Overtime hours are remunerated at a rate of 150% of the standard hourly wage for regular workdays, 175% for weekend overtime, and 200% for overtime worked on public holidays.
Paid Leave
In Bulgaria, the employment contract stipulates a minimum of 20 days of paid leave per year, which becomes applicable after completing four months of employment.
Sick Leave
During sickness, the initial three days are compensated by the employer at a rate of 70% of the standard salary. Starting from the fourth day of illness, the responsibility for payment shifts to The National Social Security Fund, covering 80% of the regular salary rate or 90% for work-related sick leave or injury, provided the employee has completed a minimum of six months of service or Social Security contributions. All employees have the right to request up to 18 months of paid sick leave.
Employees are required to furnish a medical certificate within 48 hours of the onset of sickness.
Public and Provincial Holidays
Notice Period
In Bulgaria, the legally mandated minimum notice period is 30 days, but it is customary for it to be extended to 90 days in practice.
13th Month Bonus
The law does not include any provisions regarding the payment of 13th salaries.
Setting up a separate business entity in Bulgaria where you plan to build a team can be labor-intensive and lead to considerable legal expenses.
At the same time, comprehending Bulgarian labor laws and fulfilling employee expectations can be intricate and challenging. It's further complicated by the need to secure accurate and current employment information for Bulgaria. Moreover, managing contracts and monitoring invoices via email and spreadsheets can result in disarray and errors.
In this context, compliance is paramount, and it's essential to comply with Bulgarian regulations, particularly regarding taxes and legal matters.
ALLSTARSIT simplifies this process by providing a comprehensive solution for finding and hiring employees in Bulgaria, handling HR and payroll, and ensuring compliance is automated. We make the process uncomplicated and devoid of hassles.
Choose the right expert professionals required for your specific project, saving time and wasted effort.
This service enables software development companies worldwide to meet any technical needs outside their core skill set by adding specialized staff on demand while retaining control of the project's specifications and scope.
Establish R&D / Tech Support / QA & Testing / DevOps / Data Entry Centers in your chosen location.
Forget about investing in facilities, equipment, technology, or human resources. We manage all necessary operations as your specialist. This can help you save money and resources, all while reducing frustration and simplifying internal processes.
Use ALLSTARSIT as your EOR / CM to easily hire employees in new countries without setting up a legal entity.
We act as the employer for your new hire, handling all HR, payroll, tax, and compliance requirements on your behalf, while you maintain control of their workload.
Effortlessly Access Expert Tech Support for Your Projects
Our Tech Support service provides companies worldwide with access to the best technical experts tailored to their specific project needs. Whether you require troubleshooting, maintenance, or specialized assistance, we ensure that you have the right professionals on hand to support your endeavors effectively.
Maximize Your Customer Satisfaction Level with Our Customer Support Service
Access tailored customer care solutions for your business needs. Our expert team is dedicated to addressing inquiries, resolving issues, and delivering personalized assistance. Say goodbye to challenges and hello to exceptional customer care with us.
Dedicated development teams are teams of highly qualified specialists who work on client projects on an outsourced basis. Bulgaria has extensive experience in providing such teams, offering a wide range of competencies and affordable prices. If you want to hire a dedicated team in Bulgaria in ALLSTARSIT, then you should take into account some subtleties.
The IT sector in Bulgaria is one of the most dynamically developing in the country, with annual growth of more than 10%. Recent years have seen significant growth in outsourcing, software development and other IT services. Therefore, choosing a dedicated team in Bulgaria will not be difficult. Among the main features of the market are:
There are a lot of international enterprises and start-ups on the Bulgarian market that influence the development of the industry. This allows you to choose a professional dedicated development team in Bulgaria with minimal costs for any business sector.
Bulgaria has a rich talent pool in the IT sector. The country has more than 100,000 IT professionals working in various fields including software development, outsourcing, cybersecurity and cloud computing. Among the key advantages of Bulgarian IT specialists:
Dedicated software development in Bulgaria is a vibrant industry that provides many opportunities for companies that want to grow internationally at minimal cost.
Bulgaria offers many advantages for IT outsourcing:
In Bulgaria, you can find dedicated IT professionals who truly have extensive knowledge and up-to-date skills in the industry.
Bulgaria is a member of the European Union (EU) and NATO. Bulgaria has legislation protecting intellectual property, including copyrights, patents and trademarks. When doing business in Bulgaria, it is important to comply with local labor laws and regulations. Bulgaria dedicated developers work only according to the law.
There are many cities in Bulgaria where you can run a dedicated team. For example, you can open an office in Sofia, Varna and many other cities that are actively developing. In Bulgaria there are many competent specialists in various areas of IT.
Of course, there are some features that need to be taken into account when communicating with a dedicated team in Bulgaria:
Choosing a dedicated development team in Bulgaria is a real challenge that requires taking into account many subtleties. It is very important to take into account all the nuances that will help establish close cooperation with IT specialists.
Dedicated software development team in Bulgaria is a good idea, but you may encounter certain problems. For example, it is potentially difficult to communicate with representatives of another country. To do this, we need to use modern language models. It is also important to adapt work schedules and pay attention to cultural differences among employees.
Outsourcing a dedicated development team in Bulgaria is in great demand. Modern technologies are used to search for specialists. The competitive environment makes it possible to select truly qualified IT specialists who meet the tasks of foreign companies.
To work more effectively with dedicated teams in Bulgaria, it is necessary to understand the cultural characteristics and mentality of specialists. It is important to pay special attention to the integration of employees and create favorable and comfortable conditions for them. When choosing a dedicated team, you need to take into account individual business objectives and look at trained specialists with a good educational background.
The IT industry in Bulgaria is actively developing. More and more new startups are appearing, and the government is supporting young professionals. Right now you should pay attention to the Bulgaria dedicated team to start developing your business in this country using high-quality resources.
Dedicated development team from Bulgaria is a great opportunity to take your business to a new level. ALLSTARSIT is ready to provide the best solutions for outsourcing high-quality IT services at minimal cost while receiving quality service.
Contact us, and we’ll help you hire the best tech talent in Bulgaria
