Doing business in Bulgaria requires a thorough understanding of
Value Added Tax (VAT). This comprehensive guide explains who needs
to register for VAT, the process, and key requirements.
Who Needs to Register for VAT?
Any business established in Bulgaria and supplying taxable goods
or services must register for VAT. Taxable supplies are defined in
detail by the Bulgarian VAT Act. Upon registration, you'll
receive a VAT identification number (VAT ID) starting with
"BG."
Additional Registration Triggers
Businesses offering taxable supplies where the tax is due by the
recipient also need to register.
Types of VAT Registration
VAT registration can be mandatory or voluntary. Mandatory
registration is required under specific circumstances, while
businesses below the threshold can choose to register
voluntarily.
