EU VAT REGISTRATION
VAT in the BULGARIA
EU VAT registration in Bulgaria
Value added tax was first introduced in Bulgaria in 1994. The VAT legislation in Bulgaria is contained in the Value Added Tax Act of 2006. (Zakon za Danak varhu Dobawenata Stoinost). Bulgaria has incorporated into its VAT Act of 2006, the provisions on VAT, the directives created by the European Union, to which Bulgaria acceded in January 2007. In Bulgaria, the authority responsible for administering VAT is the National Revenue Agency (NRA) supervised by the Bulgarian Ministry Finance.
As with all EU countries, companies trading in Bulgaria and supplying taxable goods or services must comply with Bulgarian legislation. This includes the obligation to register as Bulgarian VAT, comply with VAT regulations, and complete regular Bulgarian VAT returns and other returns.
VAT registration in Bulgaria for companies:
Foreign companies can register for VAT in Bulgaria without having to set up a local company, i.e. you can register as a non-resident. In Bulgaria, there is no VAT threshold for the registration of foreign entrepreneurs. However, the application for a VAT number must be submitted to the appropriate department. This also applies to situations where foreign companies carry out intra-Community supplies of goods. If you know that you need to register VAT in Bulgaria, do not hesitate and contact us and we will help you.
When is VAT registration in Bulgaria required?
⇒ sending goods between and to another EU member state (intra-Community supplies)
⇒ organization of live events (conferences related to art or education) in Bulgaria;
⇒ own delivery of goods.
⇒ if the company is not a VAT payer but uses services in Bulgaria on a reverse charge basis.
How can I register VAT in Bulgaria?
The application for VAT registration must be completed through the website of the public administration in Bulgaria (Национална агенция за приходите). Foreign taxpayers who do not have a permanent residence or permanent establishment in Bulgaria, receive a Bulgarian VAT number only if they apply for it separately and if they supply goods or services in Bulgaria. The VAT application form must include your reasons for registering for VAT. Under EU VAT directives, a local Bulgarian representative or tax agent is not required by a company resident in another EU Member State and such companies can register directly with the Bulgarian tax office. However, a tax representative who is jointly and severally liable for Bulgarian VAT is required by the Bulgarian Tax Office for non-EU companies. A tax representative is not required by non-EU companies that are based in a country that has a mutual assistance treaty with Bulgaria.
What documents do we need for VAT registration?
In order to register a foreign company for VAT purposes, we need the necessary documents to do so. These are usually such documents as:
⇒ a properly completed document for VAT registration;
⇒ VAT document from the country of the company’s seat;
⇒ a copy of the extract from the commercial register;
⇒ company agreement;
⇒ declaration of no criminal record;
⇒ turnover details for the last 12 months.
If you need help with the registration, please do not hesitate and contact us.
Do you have any questions about VAT registration in Bulgaria?
Do you have any questions about the Bulgarian VAT registration for your company? Not sure if your company must be registered for VAT in Bulgaria? If so, contact us via our contact form.
|Local VAT no.||BG + 9 or 10 characters|
|Mail order threshold||70 000 BGN (35 791 €) netto yearly|
|Submission of VAT returns||monthly|
|Waiting time for registrations||Up to 2 months|
|Standard VAT rate||21%|
|Reduced VAT rate||10%|
|European Union Member State||yes, since 2007|