Bulgaria - Pricing Bulgaria-Pricing
The standard Value Added Tax (VAT) rate in Bulgaria is 20 percent. There is a 9 percent, reduced VAT rate for hotel accommodations, and other goods and services. See Deloitte’s European VAT Refund Guide 2018, Bulgaria (on page 18):
https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-european-vat-refund-guide.pdf
VAT Registration
Bulgaria follows the EU VAT Directives. Thus, if a company is supplying goods or services within the EU, the company may be required to register for VAT.
- Resident businesses: Depending on annual revenues, resident businesses, or businesses with a permanent establishment in a country, must register for VAT. If the turnover of VAT taxable goods and services supplied within a specific jurisdiction over a 12 month period is more than the relevant registration threshold a company must register for VAT. In Bulgaria the mandatory registration is approximately USD 27,500 of taxable supplies for the last 12 consecutive months.
- Non-resident businesses: In most EU states there is no VAT registration threshold for non-resident businesses. This means as soon as a company starts trading, and the good or service is a taxable supply, a company should be VAT registered in that jurisdiction.