Currently both resident and non-resident businesses operating in Bulgaria must register for VAT once they exceed BGN 50,000 (£22,000) in taxable supplies within a year.
However the recent amendments, which are set to be implemented as of January 1st 2020, will see non-resident taxpayers be obliged to register for VAT as soon as they make their first taxable supply to Bulgaria.
Source: vatglobal.com
Latest Posts in "Bulgaria"
- European Court New VAT Case – T-537/26 (M Car Sofia) – No details known yet
- Bulgaria Ends Mandatory Dual Price Display as Euro Transition Continues
- Bulgaria — SAF-T, E-Invoicing & E-Reporting Country Booklet
- Draft Bill Raises Mandatory VAT Registration Threshold for Small Businesses
- Planned VAT Amendments to Cut Tax on Basic Food and Beverages
