Manager Social Insurance for EOOD — Types & Obligations
Social Security for an EOOD Manager
Short answer: The manager of an EOOD is required to pay social security contributions if they are actively working. The two main options are: self-insurance (more flexible — you choose your insurable income) or a Management and Control Agreement (ДУК) (the company insures you as an employed person). At the minimum income, monthly contributions are approximately 180–230 EUR.
| Option | Self-Insurance | Management and Control Agreement |
|---|---|---|
| Who pays | The manager (through the company) | The company |
| Minimum income | 933 BGN/month (2026) | 933 BGN/month (2026) |
| Monthly contributions | ~180–230 EUR | ~250–320 EUR |
| Flexibility | High | Lower |
| Pensionable service | Yes | Yes |
| Sick leave | Limited | Full |
Self-Insurance
Self-insurance is the most popular option for EOOD managers. Under this option:
- You choose your insurable income (min. 933 BGN/month for 2026)
- You pay contributions yourself (through the company, but at your own expense)
- You have pension and health insurance rights
- Sick leave is limited — no compensation for the first 3 days
How to Register
- File declaration OKD-5 with the NRA within 7 days of starting activity
- Choose the scope of insurance — minimum pension + health; optionally — general sickness and maternity
- Pay contributions by the 25th of the following month
How Much Are the Contributions
At the minimum insurable income of 933 BGN/month:
| Contribution | Rate | Amount |
|---|---|---|
| State Social Security (pension) | 19.8% | ~185 BGN |
| Health insurance | 8% | ~75 BGN |
| General sickness (optional) | 3.5% | ~33 BGN |
| Total (without general sickness) | 27.8% | ~260 BGN (~133 EUR) |
| Total (with general sickness) | 31.3% | ~292 BGN (~149 EUR) |
Management and Control Agreement (ДУК)
With a Management and Control Agreement, the company signs a contract with the manager and insures them as an employed person:
- Fixed monthly remuneration
- The company pays contributions (as an employer)
- Full sick leave and maternity rights
- Higher total cost for the company
When Is a Management and Control Agreement Appropriate
- When you want full sick leave from day one
- When you are planning maternity leave (the benefit is higher with a Management and Control Agreement)
- When you have other income and don't want to self-insure
Minimum Insurance Thresholds 2026
| Parameter | Value |
|---|---|
| Minimum insurable income | 933 BGN/month |
| Maximum insurable income | 3,750 BGN/month |
| Minimum wage | 933 BGN/month |
The insurable income for self-insurance cannot be lower than the minimum or higher than the maximum. A higher chosen income = higher contributions, but also a higher pension.
Practical Tips
- Start with the minimum insurable income — you can increase it later
- Register OKD-5 on time — the fine for late registration is 50–500 BGN
- Pay on time — the interest for late contributions is 10% annually
- Keep records — save payment documents for the annual reconciliation
- Consult with your accountant — the choice between self-insurance and a Management and Control Agreement depends on your individual situation
Annual Reconciliation
At the end of the year, when filing the tax return under Art. 50 of the Personal Income Tax Act, an annual reconciliation of contributions is performed. If your actual income is higher than the chosen insurable income, you owe additional contributions.
Frequently asked questions
Yes — if you are a manager and conduct business activities, insurance is mandatory. You can do it through self-insurance or a management and control contract (DUK).
With self-insurance, you choose your insurable income and pay contributions yourself. With a management contract, the company insures you as an employee with a fixed remuneration.
At the minimum insurable income of 933 BGN/month (for 2026), monthly contributions for a self-insured person are approximately 180–230 EUR.
Within 7 days of starting business activities, by submitting an OKD-5 declaration to the NRA.
All guides
- How to Register a Company in Bulgaria (2026 Guide)
- EOOD vs OOD in Bulgaria — Which to Choose?
- Company Registration Costs in Bulgaria (2026)
- VAT Registration in Bulgaria — When & How
- Corporate Tax in Bulgaria — 10% Flat Rate Guide
- How to Register an EOOD in Bulgaria — Full Guide
- How to Register an OOD in Bulgaria — Full Guide
- Check & Reserve a Company Name in Bulgaria
- Documents for Company Registration in Bulgaria
- Signing Documents for Company Registration — QES, Specimen, Firmify
- Signing Help — Evrotrust, PDF, B-Trust
- Sign PDF with QES Outside Firmify — Adobe Reader, Steps
- Signing with Evrotrust in Firmify — Steps
- B-Trust, Smart Card, and BISS for Signing
- How to Open a Company Bank Account in Bulgaria
- Annual Financial Report (AFR) in Bulgaria — Filing & Deadlines
- Company Registration & Maintenance Costs in Bulgaria
- Online Company Registration in Bulgaria
- Dissolving an EOOD/OOD in Bulgaria — Procedure & Timeline
- Share Transfer in EOOD/OOD — Procedure & Documents
- Company Amendments in the Commercial Register (A15)
- GDPR Policy & Legal Documents for Your Business
- Employment Contract & HR Documents in Bulgaria
- How to Find an Accountant or Lawyer for Your Company in Bulgaria
- Firmify Partner Program — How to Earn
- Business Documents — Quotes, Proforma Invoices, Contracts
- Do I Need a Lawyer to Register a Company in Bulgaria?
- How Long Does Company Registration Take in Bulgaria?
- What to Do After Receiving Your EIK?
- Do I Need a Notary for Company Registration?
- EOOD vs Freelance in Bulgaria — Which Is More Profitable?
- Manager Social Insurance for EOOD — Types & Obligations