Why is a VAT registration necessary?
In case that you need your company to invoice clients outside of Bulgaria, the company needs
to be VAT /VIES/ registered. After the VAT registration, up until the 14th of the
following month you will have to apply VAT declarations for all purchases and sales before
the tax authorities.
In case that you are offering services outside of Bulgaria and your client is a foreign
company with a valid VAT registration number, you will have to calculate 0% /zero per cent/
VAT in the invoice.
In case that your client is an individual /physical person/ or a legal entity, which does not
have a VAT registration number or another Bulgarian company, you will have to calculate 20%
VAT for all products and services (besides tourist services, for which the VAT is resp.
What is the term for VAT registration?
The term for VAT registration is from 2 to 3 weeks after the date of your company’s
registration in the Bulgarian Commercial Registry and presenting all necessary documents. We
would handle this process entirely after due authorization by a POA and we would prepare all
necessary documents for you, as well as the company stamp that is necessary for the
registration. You would also need to conclude a contract for the company’s accounting.
What is your remuneration for this service?
Our remuneration for the preparation of all necessary documents and your company’s VAT
registration is 140 €, incl. all state fees and the company's stamp fee.