VAT Registration in Bulgaria — Plameli Finance

VAT registration as part of ongoing accounting

VAT registration is rarely a one-off event: it changes the monthly rhythm of invoicing and reporting for the company, so we handle it alongside ongoing accounting rather than as an isolated procedure. We help clients recognise in advance when registration is likely to become relevant, and we prepare the company for the new obligations before the effective date. This applies equally to newly incorporated companies and to businesses that have traded for years and are only now approaching the mandatory threshold.

Mandatory and voluntary VAT registration

The Bulgarian VAT Act (ЗДДС) sets a turnover threshold above which VAT registration becomes mandatory. The threshold has changed over time, so we confirm the current figure with you individually rather than quoting it here. Registration is also possible on a voluntary basis: some companies register earlier so they can reclaim the VAT charged on their purchases, for example when investing in equipment or stock at the start of the business.

Intra-EU services and the OSS scheme

When you supply services or sell goods to customers in other EU member states, the VAT treatment depends on whether the customer is a business or a private consumer, and on where the supply is considered to take place. For retail sales to private consumers across the EU, the One Stop Shop (OSS) scheme often applies: it lets you report VAT due in multiple member states through a single return, instead of registering for VAT separately in each country. We assess together whether OSS fits your business model.

What changes after VAT registration

From the effective date stated in the NAP registration act, the company must charge VAT on its invoices, keep purchase and sales ledgers, and file a monthly VAT return by the statutory deadline. A missed filing or payment deadline results in interest and administrative burden, so we track your compliance calendar and prepare the documents with enough lead time.

VAT deregistration

Deregistration is possible both voluntarily, when turnover falls durably below the mandatory threshold, and automatically, if the business is closed. The procedure requires filing an application and, in certain cases, accounting for VAT on the assets still held at the deregistration date. We manage the process end to end so no step is missed.

Our role in the process

Beyond filing the application, we represent the company before NAP if the tax authority inspects the registered address or the supporting documents, a common step the administration takes to verify that the business genuinely operates. After registration we take over the monthly VAT reporting as part of ongoing accounting, so every return is filed accurately and on time, and you hear from us before a deadline, not after it has passed.