VAT registration calculator based on turnover 12 months ago
About the VAT calculator
The calculator calculates in which month a turnover of BGN 100,000 was accumulated and an obligation to register for VAT arises.
When is VAT registration in Bulgaria required?
Registration is based on the Value Added Tax Act (VAT) as mandatory or voluntary.
In all cases for which it is defined as mandatory, it is necessary to proceed with the procedure within the period specified for this, respectively within 7 days from the end of the month in which the turnover was reached or within 7 days from the date on reaching the turnover, if it is reached for up to 2 months.
For 2023 the threshold for registration from sales in Bulgaria is BGN 100,000 for 12 consecutive months.
In what period after reaching BGN 100,000 in turnover in Bulgaria must the company be registered for VAT
The term of registration is 14 calendar days from the date of submission of the documents.
It is possible in some cases to be finalized even faster.
There is no government fee.
After successfully completing the registration, the companies have the obligation to submit a monthly VAT declaration, in which they declare the activity for the relevant month according to the order described in the VAT Law.
VAT Rates for Bulgaria
- The standard 20%
- Reduced 9%
- Zero 0%