- Bulgaria’s National Revenue Agency is consulting on VAT amendments related to the EU small business scheme, euro transition, and 0% VAT on defence supplies.
- Bulgarian businesses seeking VAT exemption in other EU states must apply in advance and file turnover reports; invoices require a special “-EX” ID number.
- The VAT registration threshold and all BGN references are being converted to euro, set at EUR 51,130.
- A 0% VAT rate with full input tax credit is introduced for defence supplies under certain public procurement contracts, requiring a VAT exemption certificate.
- Most changes take effect upon promulgation, with some registration and reporting rules effective from 1 January 2026; consultation ends 12 March 2026.
Source: regfollower.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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