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 |