Payroll and Social Security Advisor
Core Objective
The service aims at providing resource-efficient subscription for ongoing payroll and social security advice to be used at any time. A more extensive assignment, if needed, is to be paid separately.
Scope
- General Guidance on the Practical Implementation of the Labour Legislation – issues concerning the implementation of the Labour Code and the related acts, such as conclusion and termination of employment contracts; selection of employment relationship – fixed-term contract, contract for an indefinite term, or another type of contract; legal grounds for terminating an employment contract; preparation of work schedules; work time clocking; calculation of remuneration, compensations and other work-related payments; terms and conditions for the use of paid and unpaid leave; types of additional and other employment-related payments – regular and one-off payments; disciplinary penalties; protection against dismissal; right to compensation, etc.;
- General Guidance on Issues Surrounding Social Security Legislation – issues concerning the implementation of the Social Security Code and the related acts, such as social security schemes for persons working on the basis of employment and services contracts, management and supervision contracts, self-employed persons; size and distribution of social security contributions between employees and employers; calculation of income for social security purposes and of the remuneration elements included in the calculation; entitlements to sick leave, maternity leave, and paternity leave; starting, suspending and terminating individual social security schemes; minimum and maximum income level for social security purposes, etc.;
- General Guidance on Issues Surrounding Personal Income Tax Calculations – issues concerning the implementation of the PIT Act and the related acts, such as taxable and non-taxable income of people working on the basis of employment and services contracts, management and supervision contracts and self-employed persons; rules for the preparation of payment statements and declarations issued by employers or income payers to natural persons under all types of contracts, etc.
- General Guidance on Different Aspects Related to Employment And Labour Law Compliance mainly concerning the labour and social security legislation.
Timeframe for Provision
- Telephone consulting – immediately, if possible, but not later than two hours after the calls or within 15 minutes in an emergency;
- E-mail consulting – not later than the end of the working day following the day of receipt of the inquiry.
Responsible team
Georgi Dimitrov
Managing partner PayrollGeorgi Dimitrov graduated from the University of Agribusiness and Rural Development – Plovdiv with a bachelor’s degree in Finance. He joined the Kreston BulMar team in 2003 and headed the Payroll Services team. He has been a Managing Partner at the Payroll Services department since 2010.
He has expert knowledge of the Labor Code, the Social Insurance Code, the Health Insurance Act, personal income tax law, and the European Code of Social Security, and is experienced in social security agreements made between Bulgaria and non-EU countries. He has significant experience in providing subscription services to enterprises in various industries, including manufacturing, large retail chains, and international and online trade, among others. He also handles the servicing of international companies that operate in Bulgaria, which includes conducting specific reporting to international parent organizations.
He has written more than 800 articles and has held more than 150 seminars on labor and social security law topics.
Other services from Head Office
Financial Audit
Payroll
Tax Advisory
Legal Services
- Incorporation Of Companies
- Legal Services
- GDPR Compliance
- Anti-Money Laundering Measures
- Legal Status Change from a Sole Proprietor to a Company
Corporate Finance
- Restructuring of Companies
- Business Valuations
- Sell-out of a Business
- Buyout of a Business
- Financial Due Diligence of a Company or a Whole Industry