The paid annual leave is a period of time, when the employee is not obliged to execute his labor obligations, but is entitled to a monetary compensation – proportional to his salary.
The right to use paid leave can be exercised only, when there is an employment relationship, and when the employee/worker gives to the employer a paid leave request. In case the employment relationship is terminated and the… Continue reading »
Obligations of an Employer According to the Bulgarian Insurance and Tax Legislation When Sending a Hired Person On a Business Trip From a EU Member State to Bulgaria
The questions cаme from an organization, which is a part of an international concern, established from companies which are separate legal entities. For the purpose of exporting the German production in Bulgaria, an Italian citizen with a form A1 has been sent to the Bulgarian company, who has an active labor contract with one of the concern companies in Germany. Your company signed a tripartite contract with the
We will first start with the cases when work permits are not requested. These are the cases when:
- The persons who have permanent residence permit in Republic of Bulgaria or who have status of a refugee or humanitarian status;
- The persons are hired or have been sent to work on the grounds of international contract to which Republic of Bulgaria is a side, in case when there is… Continue reading »
You Think That Outsourcing Your Payroll Is Not a Very Good Idea? We Believe That This Is The Most Affordable and Wise Business Decision You Can Make! – Part I
In these hard times for the world economy, business is struggling to optimize its expenses and minimize the costs involved into the everyday administrative activities. This is absolutely understandable and eligible and sometimes leads to a much better performance of the companies which save wisely and according to a correctly built priorities system.
Nevertheless, there are some activities that business cannot afford to save from. It can be even… Continue reading »
Sb Accounting & Consulting was established back in 1989 in the capital Sofia. The practice has thrived and expanded and is now a several partners firm employing tens of professionals in the areas of accounting, finance, taxation, payroll, IT and marketing.
Sb Accounting & Consulting specializes in the accounting services provided to its clients with a very high level of professionalism, knowledge and competency. Being one of the oldest… Continue reading »