Bulgaria

Country	Bulgaria
Currency	BGN
EU Member State	Yes
Standard VAT rate	20%
Reduced VAT rate	9%
VAT registration limit for established businesses	50000 BGN
VAT registration limit non-established businesses	50000 BGN
VAT registration limit for distance sales	70000 BGN
VAT return filing periods	Monthly
Annual returns	No
Intrastat thresholds: dispatches and arrivals	210,000 BGN for dispatches/ 360,000 BGN for arrivals
EC Sales Lists frequency	Monthly
Additional reporting requirements	No
VAT recovery by non-established non-EU businesses	For applicants of non-EU countries with which a reciprocity agreement exist.
Reverse Charge	Yes for the majority of cross border activity
Extended reverse charge	If a non-established business supplies services to a customer in Bulgaria who is registered for VAT in Bulgaria then the customer is responsible for VAT under the reverse charge mechanism.
Fiscal representative required for non-EU businesses	A business established outside the EU that has not agreed for mutual assistance with Bulgaria is required to appoint a VAT representative to register for VAT in Bulgaria
Statute of limitations	Please call Essentia for specific limitations