A company manager can choose the social security type:

  • he can be a self-insured person with a fix social security for 510 leva salary and minimum social security.
  • he can also have Contract for management and control. This type of contract has a minimum salary which depends from the company business type. This is for people who wish to receive a higher salary as managers of the company. And pay higher social security. The social security maximum in Bulgaria is 2600 BGN.

You can always consult with an expert from MKAfinance. Contact us today and get answers to your accounting questions! The lawyers and accountants in MKAfinance can also help you with payroll services, administrative services, company registration and others!