Standard VAT rate

20%

Country code

BG

Reduced VAT rates

9%

Super reduced rate

N/A

VAT returns

Monthly

VAT number format

BG 123456789, BG 1234567890

Latest news from Bulgaria

Bulgaria lowers Intrastat thresholds

From 1 January 2017 Bulgaria lowered the threshold for reporting Intrastat to: BGN 410,000 per annum for arrival intrastats (goods moved into Bulgaria from other EU countries). BGN 240,000 per annum.for dispatch intrastats (goods moved from from Bulgaria to other EU countries). An intrastat is a monthly filing which lists the movement of goods from… Read More

Bulgaria cuts Intrastat thresholds 2017

From 1 January 2017 Bulgaria will lower the reporting thresholds for Intrastat to: BGN 410,000 for arrivals (goods brought into Bulgaria from other EU countries) BGN 240,000 for dispatches (goods moved from Bulgaria to other EU countries).

New VAT invoice rules introduced in Bulgaria

From 1 January 2013 new VAT invoice rules were introduced in Bulgaria. The changes include: The obligation to comply with Bulgarian VAT disclosure rules by any domestic or foreign companies which provide taxable supplies in Bulgaria; Simplified invoices may be used for transactions below the local equivalent of €100; Companies must introduce adequate internal controls… Read More