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

Bulgarian National Revenue Agency publishes guidance on VAT and customs implications of Brexit

On 25 February 2019, the Bulgarian National Revenue Agency published guidance on the potential VAT and customs implications of a no-deal Brexit for Bulgarian companies. Within this guidance the National Revenue Agency provides various recommendations to companies doing business with the United Kingdom concerning; • Registration with the customs authorities for trading with non-EU countries;… Read More

Bulgaria – Import VAT reverse charge effective 1 July 2019

From 1 July 2019, Bulgaria will introduce a deferred import VAT scheme for all businesses registered for VAT in the country. Any business wishing to use the scheme will need to apply to the Bulgarian tax authorities for authorisation and once accepted, it will remove the requirement to pay import VAT when goods are cleared… Read More

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