General VAT Remarks

The general VAT rate in Bulgaria is 20%.

The rate for tourist services is reduced to 9%.

The law provides also for zero rated supplies, exempt supplies and transactions outside the VAT scope.

VAT Deduction

Taxable persons performing supplies subject to VAT (incl. zero rated) are entitled to deduct the related input tax, under the conditions and the terms provided by law.

Administrative Issues

Various compliance requirements are arranged, such as:

  • types of and requirements for VAT registration
  • tax documents – requisites, issuance deadlines, keeping, etc.
  • monthly reporting
  • VAT payment deadline
  • VAT refund procedure