ДДСсъдействие в България

We could assist our clients in every aspect of the taxation process from registration to the business operations by providing advices on tax treatment (in particular for VAT). Some transactions can have serious consequences for the involved business parties if not dealt with in advance.

Effective tax planning is required to maximize your gain. Pre-planning is essential and here we can offer you practical tax effective advices.

For EU traders  only! We can assist you if your goods are imported through Bulgaria. By this way we will may save you additional taxes and time.

You may start trading but you cannot charge or claim VAT unless you are VAT registered. If your business is established in another EU Member State or non-EU country (USA, Canada, Russia for example), and deliver goods or services to Bulgaria/EU, you can optimize your income with VAT registration. Please note that you may be required by the law to become registered for Bulgarian VAT. In order to do this you need local tax representative. As your tax representative we will look after all your Bulgarian VAT/tax affairs from registration to dealing with the VAT inspectors. This service will be particularly attractive to other EU Member States and Russian/US businesses wishing to sell goods and services electronically  without having an establishment in the Bulgaria (distance sales).

Note for non-EU business

With your Bulgarian VAT registration you may deliver your goods to any other European Member State.

It makes perfect sense to ensure pay-back of legally recoverable VAT from Bulgaria or the countries with which you trade - whatever the size of your organization.

You are registered in another Member State of the European Union and in certain situations, you may buy goods or services directly in Bulgaria for which most probably you will be asked to pay VAT. This should not happen if you buy goods for intra-community trade, but it may apply if, for example, you take part in a trade exhibition or your trucks are refueling from Bulgarian gas-stations.

In such situations you may be able to reclaim the VAT from the Bulgarian Revenue authorities if:

• the VAT was paid on goods or services for your business;
• you do not make taxable supplies in the other country; and
• you have no place of business or other residence there.

If you are VAT registered person in Bulgaria or you will become such sooner, you need to follow certain requirements regarding invoicing, bookkeeping, accounting ledgers and statements that need to be submitted regulary to the Revenue Agency. This is what we call VAT compliance.

Our team of VAT specialists can support you, can prepare everithing needed for you and can provide you with practical advices.

We want you to feel confident that your accounting system accurately reflects your current situation and the Bulgarian National fiscal legislation, so you can concentrate on running your business instead of trying to stay on top of your books. The steps involved with basic bookkeeping can be overwhelming depending on the size of your business and the number of transactions. If you no longer feel like you have control of your books, give us a call. We will manage your business finances and keep you on the right track.