What taxes are applicable to private individuals?

BULGARIA

Income tax for private individuals amounts to 10%.

The social security contributions are generally calculated as follows:

• Basic social security (unemployment insurance etc.): 17,3 % of the gross salary;
• Pension insurance: 5 % of the gross salary;
• Health insurance: 8 % of the gross salary;
• The employer must pay 60 % of the insurance contributions, the employee the remaining 40 %.

Further, the employer must bear the costs of the occupation accident insurance that amounts between 0,4 % and 1,1 % of the gross salary, depending on the job.

ROMANIA

Social Contributions for Employees
An company with employees must comply with Romania’s payroll tax regulations as outlined in Law no. 227/2015 (Tax Code). These include both employee- and employer-side contributions, withheld and paid monthly.

Employee-side contributions (withheld by the employer):

• 10% Income Tax (Impozit pe venit): Applied to the gross salary of the employee.
• 25% Social Insurance Contribution (CAS): This funds the public pension system.
• 10% Health Insurance Contribution (CASS): Provides access to Romania’s national healthcare system.

Employer-side contributions:

• 2.25% Labor Insurance Contribution (CAM): Covers unemployment benefits, risk and accident insurance, and other labor-related protections. This is paid on top of the employee’s gross salary and is borne entirely by the employer.