Employer of Record (EOR)
Hire in Bulgaria and across Eastern Europe – no local entity needed. We become the legal employer for the person you’ve chosen – contract, payroll, taxes, leave and local HR. You manage the work. We carry the employment.
Whatever problem I threw at you - you solved it and found people for me.
Daniel Rose, VP Customer Success, Alation Inc.
The Problem
You’ve found the person. Now you need to employ them. The candidate is in Sofia, your company is in Austin or London. Asking them to invoice as a contractor rarely works – the strongest people in Eastern Europe aren’t set up as a business and don’t want the overhead of becoming one. They want the security of a proper employment contract, paid leave, and someone local to call when their family needs paperwork for a bank or a kindergarten. Providing that yourself means local payroll, local tax law, sick leave reported to the authorities, and HR in a system you don’t know. That’s where most cross-border hires stall. And that’s where we come in.
As your Employer of Record, we become the legal employer in-country and carry all of it – contract, payroll, statutory filings, leave, local HR and legal support – as we have since 2018. Most hires are on payroll within 5–10 business days. It usually costs you less than a contractor rate, too.
How It Works
You Identify the Candidate
EOR is for talent you've already found. You bring the person, we handle everything else.
Contract & Compliance Setup
Compliant employment contract drafted and registered in the candidate's country within days of signing.
Payroll & Benefits
Monthly payroll, statutory contributions, PTOs and Sick Leaves - all managed locally.
Ongoing Management
Payslips, HR admin, statutory filings, and a single monthly invoice in your preferred currency.
Pricing
Two simple and transparent tiers with no surprises.
A vanilla employment plan, covering all the essentials or a Plus package that gives your team top-class benefits.
Core
EOR Core
$399
/ €349
- Employment contract
- NRA registration
- Payroll
- statutory taxes & contributions
- Statutory filings
- PTO and sick leave administration
- HR and legal support
- account management
*Per Employee: The tier is chosen per person, not per account. Some of your team can sit on Core and some on Plus – one contract, one invoice.
Plus
EOR Plus
$539
/ €479
Everything in ‘Core’ Plus:
- Private health insurance
- Sports and wellness card (Multisport)
- Life and disability insurance
- Equipment procurement and lifecycle management
- Priority account management - direct line, same-day response
*Any Month: Move an employee between Core and Plus in any month. Same contract, same team, no re-papering.
Where this pricing applies
Across Eastern Europe: Bulgaria, Romania, Serbia, Ukraine and Poland – where we employ through our own entities or trusted local partners.
Colombia and India are served through partner entities and priced separately.
What it costs, and when it drops
Most platforms hold a security deposit and collect for severance separately, making your cost-to-start very high.
We are offering flexibility and low starting cost to make your market entry a no-brainer.
First month's charges
EOR fee, salary, statutory costs
First severance instalment
First leave provision
No deposit, no setup fee, nothing held back
To start with a typical global platform
The same first month, plus two things held until the end.
First month's charges
fee, salary, statutory costs
Security deposit + severance
two separate instruments, held
Returned when the engagement ends
Commercial Terms
No Setup Fees
No Minimum Commitment
No Minimum Commitment
No Deposits
No Off-Boarding Costs
30-Day Termination Notice
Custom pricing and volume discounts are available for larger teams.
Provisions we collect - and give back
We are offering flexibility on the state-mandated severance provisions.
The big EOR platforms – don’t.
Fixed
Severance provision
One month of gross salary, phased over your first months rather than collected upfront. Not a fee.
Ongoing
Accrued leave provision
Tracks the leave entitlement you set, for as long as the employee is with you.
Not a fee.
The severance provision is phased over your first months rather than collected upfront, and the leave provision tracks the entitlement you set. We’ll walk you through the numbers before you sign.
Both refundable. Neither provision is a fee. Balances are always transparent.
Transparent USD and FX rates
USD invoices convert at the ECB mid-market rate on the invoice date, and the rate we used is printed on every invoice. Your conversion fee is agreed in your contract and appears as its own line – never inside our fee.
Who is this for?
You already have the person. A candidate you found, a contractor you want to convert, a referral.
You have no entity in Eastern Europe, and you don't want to set one up.
You want payroll, taxes and local HR handled by people who know the market.
You want one flat monthly fee per employee. Core or Plus, no percentage of salary.
You are hiring in Eastern Europe for the first time and not sure where to start.
Why a local firm beats a platform
Eight years in this market. Founder-led.
A platform routes you through software and a support queue. We give you a team that knows local employment law and what a fair salary looks like here. We employ your hire on our entity and run payroll, taxes and leave ourselves, so when something needs fixing, you call someone whose name you know.
Haven’t found the person yet?
Turnkey EOR is this same service with a search attached - we find the specialist, then employ them on exactly these tiers.
Ready to employ compliantly?
Case Studies
FAQ
What's the difference between EOR and hiring a contractor?
A contractor is self-employed and responsible for their own taxes, benefits, and compliance. An employee hired through EOR receives a formal employment contract, statutory benefits, and full legal protections. In many markets – Eastern Europe especially – talent actively prefers employment over contracting.
How fast is EOR onboarding?
Typically 5–10 business days from signed agreement to first day of employment. We draft the contract, handle local registration, and manage the process end to end. You don’t need to do anything beyond approving the costs and compliance requirements.
Can I convert an existing contractor to EOR?
Yes. And in many markets it’s advisable. If your contractor relationship has characteristics of employment under local law, misclassification risk increases over time. We can transition them to compliant employment cleanly and quickly.
What countries do you cover?
We currently cover most of Eastern Europe, Parts of Latin America, and India. Coverage is expanding – if your target location isn’t listed, ask us via our contact form or chatbot and we’ll confirm availability or ETA.
What benefits are included?
EOR Core covers the statutory benefits – leave, sick pay, and mandatory contributions to social security and retirement. EOR Plus includes premium benefits such as private health insurance, sports and wellness access, and life and disability insurance. If you’d like custom benefits for your team – reach out!
Can the employee transfer to my entity later?
Yes. If you eventually open a local entity or acquire one, we can support the transition – contract novation, payroll handover, and compliance documentation all handled.
How is your EOR different from Deel or Remote?
Deel and Remote are platforms built for volume. Perpetum EOR is a managed service – you get a named account manager who knows your business, flexible onboarding, and no lock-in contracts. We’re built around a personal touch phylosophy where service and quality matters.
What if I need to terminate the engagement?
We handle the offboarding process in full compliance with local employment law. Notice periods and severance obligations vary by market – we’ll walk you through what applies before you commit to anything.
How does Perpetum's EOR pricing compare to platforms like Deel or Remote?
Perpetum charges $399 / €349 for the Core package or $539/ €479 for the Plus package. This is monthly per employee This is below Deel even on the Plus package but the biggest differentiator comes from the lack of deposits, which pretty much locks you to any of the big platforms. Platforms like Deel or Remote typically charge $599-$799 /month per employee, hold up to three months’ salary on deposit, and apply hidden FX fees on every payroll run. Perpetum also assigns a named account manager – no chatbot, no support ticket queue.
Can Perpetum act as EOR for a candidate who is already working as a contractor for my company?
Yes. If you have an existing contractor relationship that you want to formalise into employment – either for compliance reasons or because the candidate prefers employee status – Perpetum can transition them to a compliant local employment contract cleanly. In many Eastern European markets this transition is advisable, as single-client contractor arrangements face increasing misclassification scrutiny from local tax authorities.