Given its geographic location, educated workforce, and well-developed energy sector, Bulgaria is an attractive location for multinational employers. Although a member of the European Union, Bulgaria has its own labor and employment laws, which derive primarily from the Labour Code, which was adopted in 1986 and subsequently modified, most recently in December 2008. For employers planning to do business on Bulgaria, here are a few quick tips on employment laws in Bulgaria.
The Republic of Bulgaria is a parliamentary democracy in central Europe, bordering the Black Sea. Bulgaria is the 16th largest country in Europe, and a member of the European Union, the Council of Europe, the North Atlantic Treaty Organisation, and the World Trade Organization. Bulgaria’s currency unit is the Lev.
The Labour Code
The Labour Code governs relationships between employers and employees in Bulgaria, including relationships between Bulgarian citizens and foreign companies doing business in Bulgaria.
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