- Bulgaria has enacted legislation, effective December 30, 2025, to comply with EU Directive 2020/285 on VAT exemptions for small businesses.
- The law allows small businesses to benefit from VAT exemptions in other EU member states if their turnover is below the national threshold and their total EU turnover does not exceed EUR 100,000.
- The VAT registration threshold for 2026 is set at EUR 51,130, with mandatory registration within seven days of exceeding this amount.
- The threshold remains the same as 2025 but reflects Bulgaria’s adoption of the euro from January 1, 2026.
Source: answerconnect.cch.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.
Latest Posts in "Bulgaria"
- 2026 Bulgarian VAT Guide: Essential Updates and Compliance Insights for Businesses
- Bulgaria Consults on VAT Changes for EU Small Business, Defence, and Euro Transition
- Bulgarian Revenue Agency Reminds Companies to Submit SAF-T Files for First Reporting Period by March 2
- Croatia Proposes Extending 5% VAT on Energy Products Until March 2027 to Maintain Price Stability
- Bulgaria Proposes VAT Amendments: Zero Rate for Defense, New Templates, and Threshold Clarifications
