- Bulgaria proposes raising the mandatory VAT registration threshold from €51,130 to €75,000 under 2027 reforms.
- The Ministry says the higher threshold is meant to reduce administrative and financial burdens on micro, small, and start-up businesses.
- Voluntary VAT registration would still be available.
- The proposal relies on the EU VAT SME scheme flexibility under Directive (EU) 2020/285.
Source: vatcalc.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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