- The VAT registration threshold for companies is reduced to 100,000 BGN starting April 1, 2025.
- The change is announced by the National Revenue Agency.
- The amendment is published in the State Gazette on March 27, 2025.
- The mandatory registration threshold is lowered from 166,000 BGN to 100,000 BGN.
- Companies with a taxable turnover of 100,000 BGN or more in the last 12 months must register.
- The new threshold applies to both mandatory registration and deregistration.
Source: bta.bg
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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