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What is Social Insurance Contributions?

Bulgarian social insurance covers pensions, healthcare, unemployment, and sickness. Total contributions are approximately 32–33% of gross salary, split between employer (~19%) and employee (~14%). Contributions are subject to a maximum monthly insurable income (BGN 3,750 in 2024).

Current Rate (Monthly via Form 1 / Form 6 to NRA)

Approximately 19% employer + 14% employee on gross salary up to monthly cap

Example

An employee earning BGN 3,000 gross attracts approximately BGN 570 employer social insurance + BGN 420 employee social insurance + BGN 250 personal income tax (10% after deductions) = approximately BGN 1,760 net.

Source: National Revenue Agency (NRA / НАП)

Related terms

Personal Income Tax (Bulgaria)

Bulgarian Personal Income Tax is a flat 10% on most income (employment, freelance, business). One of the lowest rates in the EU. Dividend income from a Bulgarian company is taxed at a reduced 5% withholding tax.

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