Category: Investors Support

The outsourcing business in Bulgaria has good perspectives ( Updates 2019)

Mina Boycheva 26/03/2019

The newly established Bulgarian Outsourcing Association made prognosis for a stable increase in the number of companies that plan to outsource their business to Bulgaria. These companies be registered in Sofia and could come from many spheres of activity. The new association predicted that the increase in the number of companies will be around three times in the next five years. The outsourcing business is considered among the most dynamic industries in the country and currently it employs around 15 000 people in the capital. Their number is expected to triple according to the five year prognosis. The stable political situation, the low taxes and the acceptable wages in the country, the professional skills of the employees, as well as its being part of the European Union, make Bulgaria an attractive destination for the large and stable companies in Western Europe and the United States. These companies will look for business centers with offices of the highest class, which have central and convenient locations and perfect infrastructure, besides offering an impressive range of services and facilities. It is believed that these big companies will later open other offices throughout the country in cities like Varna and Bourgas, Plovdiv and Rousse.

The outsourcing business is considered among the most dynamic industries in the country and currently it employs around 15 000 people in the capital. Their number is expected to triple according to the five year prognosis.

Among the founders of the Bulgarian Outsourcing Association are companies like Coca-Cola Hellenic IT Services, AII Data Processing, Sofica Group, Atos Bulgaria and Bulpros. They believe that if the state and the companies join their forces, this will lead to a stable development of that industry sphere. If the proper activities are arranged and successful policies are followed, then Bulgaria can become one of the top ten destinations for outsourcing. Special attention has to be paid to the professionals who apply for work in these outsourcing companies. Usually, these are people with a lot of knowledge and skills, but they still need training in certain spheres. It is not a secret at all that some of the largest outsourcing companies that are working in Bulgaria are in direct connection with the universities where they look for ambitious students. They try to attract the talented ones and offer them a job before they head to a carrier abroad. There is potential in the rest of the big cities in the country besides Sofia, where there are no such projects and opportunities, but there are still good professionals. The outsourcing industry is in demand for different types of employees – from recent graduates to managers and strictly qualified professionals.

In general, Bulgaria has excellent reputation among the companies in the outsourcing business and it will continue to attract them. The reasons for that are not only the membership of the country in the European Union, but also the tax alleviations and the desire for less bureaucracy.

In general, Bulgaria has excellent reputation among the companies in the outsourcing business and it will continue to attract them. The reasons for that are not only the membership of the country in the European Union, but also the tax alleviations and the desire for less bureaucracy. Of course, we should also mention the welcoming atmosphere, the excellent infrastructure and the construction of business centers with prestige location that correspond to the needs and the requirements that are important to the foreign investors.

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How To Hire Foreign Student in Bulgaria in 2019

Mina Boycheva 26/03/2019

This article will help you learn how to hire foreign student to work in your Bulgarian company in 2019

  • Foreign students admitted to training in the Republic of Bulgaria may be employed under a contract of employment without requiring a work permit from the Labor Offices. For them, a mandatory REGISTRATION REGIME is provided for in the Ordinance on the Terms and Procedure for Issuing, Refusal and Withdrawal of Work Permits for Foreigners in the Republic of Bulgaria. – within 3 days of entering the work, the employment contract must be registered at the “Labor Office” Restrictions on working hours and the duration of the employment contract are provided. It can be: – 20 hours a week during the school year and during the official holidays announced by the school concerned – the duration of the contract may not be longer than the period of validity of the residence permit The following documents are required to register the employment contract at the Labor Office Directorate: 1. 3 copies – Declaration for carrying out short-term employment without a work permit through the registration of students in the Republic of Bulgaria under Article 38 CTRM / Annex No. 6 to Art. 34, para 1, item 1 2. Copy of the Registration Certificate at the NRA / registration of the employee – PNL or SV number / 3. A Copy of a Passport 4. Certificate of Higher Education Certificate / that is enrolled as a student for the current year / 5. A copy of the Labor Agreement 6. Actual status of the labor contracts on ……. / last day of the month preceding the month of appointment of the employee / 7. Information about the Legal Register from the Commercial Register / download from the website of the Registry Agency – Commercial Register / All documents that are not originals must be certified with – True to the original, signature and stamp.
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Bulgaria Spends Millions on Border Fence Aiming Deterring of Migrants

Mina Boycheva 23/01/2017

The government of Bulgaria have allocated additional 20 million for three of its southeastern regions, I order to build a fence along the Turkish border. The fence that is referred to as a temporary deterring installation will be set to stop the migratory pressure on the border between Turkey and Bulgaria that have been growing in the past few years. According to the press statement by the government it will also stem the wave of the refugees.

Bulgaria Spends Millions on Border Fence Aiming Deterring of Migrants

Since 2014 for more than two years, the costs for the building of the fence have surpassed 100 million BGN. In addition, the cabinet have given more money to repair the border crossing, as well as the border police equipment and stations. All those measures have been done in relation with the hope for accession of Bulgaria in the travel-free Schengen zone.

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CETA and the visa deal for Romania and Bulgaria

Mina Boycheva 17/01/2017

In the end of October Romania and Bulgaria agreed that their aim to get a visa free traveling would be included in the interpretative declaration of CETA. This was an answer to the concerts that Wallonia, the Belgian region, had.

CETA and the visa deal for Romania and Bulgaria

During the summit of the European Union, the Prime Minister of Bulgaria informed the press about the good news and the fact that the visa situation will be solved. Until that moment, Canada had a no visa regime with all countries from the European Union except with Bulgaria and Romania. Now the two countries do not have objection to CETA, yet they wanted to solve the visa issues they have with Canada. Different meetings have been held between the European Commission, Romania and Bulgaria, as well as Canada, aiming to solve this visa issue. Thus, since 1st December 2017 there will be no visas for residents of the two countries who want to enter Canada.

The regulation, which will come into force on 20th December will require all European Union countries to act as if one on all cases including visa matters. Romania and Bulgaria confirmed once again that they are ready for entering Schengen area for several years already, yet they have been prevented by vetos from several countries.

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The New Border Force in Bulgaria launched with a Ceremony organized by the European Union

Mina Boycheva 10/01/2017

The new European border and coast guard control was launched in an official ceremony this autumn at the checkpoint Kapitan Andreevo, on the border between Turkey and Bulgaria. This border is also considered an external border of the European Union. The new task force was organized and built by the border management agency Frontex due to the overwhelming refugee situation.

The New Border Force in Bulgaria launched with a Ceremony organized by the European Union

The new European border and coast guard control will have new powers and more staff – approximately 1500 guards and technical equipment. In addition, liaison officers will be stationed in various states of the European Union that have external borders and will monitor the movements.

Until now Frontex was not able to offer effective control on the external borders of the European Union due to the lack of staff and the limited powers of the agency.

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Bulgaria – Turkey Border Working With the European Border Agency

Mina Boycheva 03/01/2017

The European border agency have been inaugurated at Kapitan Andreevo checkpoint between Bulgaria and Turkey border in October this year. The two countries are now separated with a razor wire and a metal fence. The European border agency aims to be the main frontier on land for the migrants that want to enter Europe but avoid the crossing of the Mediterranean Sea.

Bulgaria – Turkey Border Working With the European Border Agency

Approximately 1500 officers and 19 state members will be at the disposal of the European Border and Coast Guard Agency, who can be quickly mobilized if there is an emergency. Officials from the European Union hope that this will increase the security and will help the cooperation between the various member states that have been arguing in connection with the refugees.

It seems that the long-term goal is for lifting the border controls that are inside the block and for restoring the passport-free area of Schengen. The director of the EBCG, Fabrice Leggeri, stated that the new agency is well equipped and quite strong to cope with the security challenges and the migration situation.

According to Dimitris Avramopoulos, the EU Migration Commissioner, since the launching of the new European Border and Coast Guard Agency, the external border of Bulgaria becomes an external border of all member states. The agency will further be involved in the repatriation of those migrants that have been rejected from the asylum and are accepted as a threat to the security.

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Poland Feels Bulgaria Is an Important Partner in the European Union

Mina Boycheva 01/12/2016

Bulgaria got a positive assessment by the Interior Minister of Poland Mariusz Blaszczak on a meeting he held with the Deputy Prime Minister and Minister of the Interior Rumiana Bachvarova. The Bulgarian Prime Minister stated that Bulgaria has a very important role in guarding the most sensitive external border of the European Union, making all efforts possible to limit the illegal immigration. Bulgaria has a good organization that restricts the crossing of the illegal migrants. Thanks to that organization, the immigrants are restricted to cross Bulgaria as they are detained entrance on the country’s territory. This is a very strong message to the migrants stating that Bulgaria is not easy to cross.

Poland Feels Bulgaria Is an Important Partner in the European Union

Bulgaria gets support from the European states and officers coming from other countries. Currently are being detained around 200 people each week, which is less than the same period in 2015. The Deputy Prime Minister also stated that Bulgaria makes everything possible to guard its external border, which is also an external border of the European Union. The Polish guest showed the strong support of Poland for the accession of Bulgaria in the Schengen zone.

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The PM of Bulgaria With a Letter for Renewed Schengen Talks

Mina Boycheva 28/11/2016

According to the reports, the Prime Minister of Bulgaria have sent a letter to the European Union Commission President Jean-Claude Juncker, where he brought up the issues of Bulgaria’s entry in the borderless Schengen area and the Eurozone. Sofia will be monitored under the Cooperation and Verification Mechanism, that is applied by Brussels.

The PM of Bulgaria With a Letter for Renewed Schengen Talks

The Prime Minister stated that the country will continue to work on the Cooperation and Verification Mechanism and the acceptance of Bulgaria in the Schengen zone. The country is also in ongoing talks for joining the Eurozone. According to the Prime Minister, once the three processes are completed successfully, the Bulgarian citizens will be happy to enjoy the benefits of the membership in the European Union and later also share the responsibilities.

The Prime Minister insisted that Bulgaria has fulfilled the Schengen criteria in 2011 and was blocked by the Netherlands and Finland. The official letter was intended as an act of gratitude for the decision of the Commission to launch the European Border and Coast Guard program.

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Warsaw Meeting for the Non-Schengen members of the European Union

Mina Boycheva 24/11/2016

Officials from Bulgaria, Romania, Croatia, countries that are outside the Schengen zone, have met with several other officials from countries that are already part of the Schengen area. The meeting was held in September in the Polish capital of Warsaw. The members of countries that are part of the Schengen borderless area that were invited in the meeting were Denmark and Poland, Hungary and the Czech Republic. Switzerland, which is a non-EU member also send a delegate at the meeting.

Warsaw Meeting for the Non-Schengen members of the European Union

The officials from Bulgaria, which was pushing for many years to join the passport free Schengen zone, are now feeling that Schengen is not that important for the country anymore. These statements of the Prime Minister of Bulgaria coincided with the remarks made by the Foreign Minister of Hungary who showed indications that Budapest will not necessarily support an entry by a Southeastern European nation into the Schengen zone.

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Bulgaria – Buffer Zone but out of Schengen

Mina Boycheva 17/11/2016

Hungary made a step back in its strong support for the entry of Bulgaria in the borderless area of Schengen. The country stated officially that Bulgaria first needs to meet the Schengen accession criteria and the Schengen protocol. That position was announced by Zoltan Kovacs, a government spokesman and was reported in the website EurActiv.

Bulgaria – Buffer Zone but out of Schengen

Kovac further stated that the visit of the Prime Minister of Hungary Viktor Orban is a proof that Budapest wants to be among the first defenders of Bulgaria along with other European union countries. Yet, according to the website Hungary shows flexible positions, and in fact wants Bulgaria to stay outside Schengen so that it can act as a buffer zone for the migrants and thus to protects the Schengen zone.

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