RemotePad Logo

Best Employer of Record (EOR)

Discover the best EOR companies

TOP 10 PEO Companies

Find the best PEO

TOP 10 Payroll Providers

The best payroll companies

Employee Relocation Services

Relocate employees globally

Our Methodology

Why you can trust our assessment

How does a PEO Work

Learn the benefits of using a PEO


Which one should you use?


Difference between PEO and HRIS

Work Visas

How to apply for a work visa

Digital Nomad Visas

Get a digital nomad visa

Outsource Recruitment

How to outsource recruitment

Hire Globally

Find international talents

The Startup Hiring Guide: How to Recruit and Hire A+ Talent

Bulgaria Employer of Record (Bulgaria EOR)

Key Takeaways

  • Understand the concept of a Bulgarian Employer of Record (EOR).
  • Analyze how the EOR model works in Bulgaria.
  • Discuss the benefits and drawbacks of partnering with a Bulgarian EOR.
  • Highlight the top five EORs currently operating in Bulgaria.
  • Answer some frequently asked questions related to Bulgarian EORs.

What is a Bulgaria Employer of Record?

A Bulgarian Employer of Record (EoR) is a service model that allows businesses to hire employees in Bulgaria without establishing a legal entity in the country. These organizations, also known as Professional Employer Organizations (PEOs), function as the legal employer on behalf of the client company, handling all administrative tasks such as employment contracts, payroll, taxes, benefits, and compliance with local employment laws.

The EoR model is increasingly popular among international businesses seeking to expand into Bulgaria but are deterred by the intricacies and overhead costs of establishing a local presence.

How does a Bulgaria Employer of Record work?

The EoR model operates on a co-employment basis. The client company retains all managerial control over the employee, responsible for their daily tasks, work deliverables, and strategic roles. Meanwhile, the Bulgarian EoR assumes all legal and administrative responsibilities related to employment.

The EoR establishes an employment contract with the employee under Bulgarian labor laws, ensuring compliance with local regulations. They then handle payroll, benefits administration, tax withholding, and social security contributions. The EoR also manages any risks related to employment, including terminations and legal disputes, thus mitigating potential liabilities for the client company.


What are the benefits of a Bulgaria Employer of Record?

  • Quick market entry: By working with an EoR, companies can rapidly onboard Bulgarian employees without the need for establishing a legal entity in the country, enabling faster market entry.
  • Regulatory compliance: EoRs ensure adherence to Bulgarian labor laws, tax codes, and employment regulations, mitigating the risk of non-compliance.
  • Reduced overheads: The EoR absorbs the administrative burden associated with managing employees, reducing overhead costs for the client company.
  • Scalability: EoRs provide a scalable solution to hire employees, making it an ideal option for companies looking to test the Bulgarian market before making a larger commitment.
  • Access to local expertise: EoRs are well-versed with the local business environment, offering insights and guidance to the client company.

What are the disadvantages of a Bulgaria Employer of Record?

  • Limited control: Although client companies retain operational control over their employees, the legal and administrative control lies with the EoR.
  • Dependency: Companies become dependent on the EoR for crucial functions like payroll and compliance, potentially leading to business risks if the EoR fails to deliver effectively.
  • Cost: While EoRs eliminate the need for setting up a local entity, their services come at a cost, which can be a deterrent for smaller businesses or startups.
  • Potential for cultural disconnect: Despite the EoR’s role in navigating local employment laws, the client company may still face challenges understanding the local culture and work ethos.

Top 5 leading the Bulgaria Employer of Records

  1. Deel: Deel’s comprehensive platform makes it a top choice for EoR services in Bulgaria. With a user-friendly interface, clients can easily manage international payroll, benefits, and compliance, making the hiring process seamless.
  2. Papaya Global: Known for its automation and real-time reporting, Papaya Global simplifies workforce management. Their expertise in Bulgarian employment laws makes them a reliable EoR.
  3. Velocity Global: With a strong presence in over 185 countries, including Bulgaria, Velocity Global offers EoR services that facilitate fast and compliant business expansion. Their personalized approach to each client sets them apart.
  4. Globalization Partners: Their self-service platform, combined with top-tier compliance and payroll services, has solidified Globalization Partners’ position in the Bulgarian EoR market. Their understanding of local culture and employment landscape provides valuable insights for client companies.
  5. Remote: Remote’s robust infrastructure supports its EoR services in Bulgaria. They handle payroll, benefits, taxes, and employment contracts, ensuring compliance with Bulgarian laws. Remote’s comprehensive IP protection also adds an extra layer of security for client companies.


In conclusion, a Bulgarian Employer of Record provides a viable option for businesses seeking to expand into the Bulgarian market. While there are drawbacks such as dependency and potential cultural disconnect, the benefits of rapid market entry, regulatory compliance, reduced overhead costs, scalability, and access to local expertise can significantly outweigh these. Companies must carefully evaluate their business needs before choosing to partner with an EoR and select a provider that aligns with their strategic objectives.


Yes, Bulgarian Employers of Record are well-equipped to manage the hiring, onboarding, and management of remote employees in compliance with Bulgarian labor laws.

Absolutely. An EoR can serve as a stepping stone for companies testing the Bulgarian market. Once the business is stable, companies may choose to transition from an EoR model to establish their own legal entity in Bulgaria.