VAT Archives - Innovires

VAT Registration of Foreign companies in Bulgaria (EU and Non-EU). As many international companies started their activity in Bulgaria, the country became very attractive for investors from whole Europe. What companies often underestimate or even forget is that doing business in other countries often creates an obligation for VAT registration either in their own country…

Value Added Tax – VAT compliance and rates in Bulgaria   According to the Bulgarian law, every person who is registered under Bulgarian Value Added Tax Act (VATA) is obliged to charge the value added tax. Moreover, this person should issue a tax document (invoice) and indicate the said document in the purchase day book…