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Bulgarian Ministry of Finance proposes VAT Law amendments to align with EU Directives by 2025.

  • Bulgarian Ministry of Finance opened consultation on bill to amend VAT Law
  • Measures include transposing EU Directives on small business VAT regime, VAT rates, and special procedures for charging import VAT
  • Changes include requiring registration for businesses exceeding certain thresholds
  • Law to enter into force on Jan. 1, 2025
  • Comments due by Oct. 18

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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