If your business is established in a non-EU country, you may be required to register for VAT in Bulgaria. In this case, it is not necessary for you to maintain office and to hire employees in Bulgaria in order to fulfill this requirement of the Bulgarian VAT legislation. It is not necessary for you to even meet the Bulgarian tax authorities and to submit in person monthly VAT returns, recapitulative statements and accounting ledgers. All you need is just to appoint us as your fiscal representative in Bulgaria.
In order to register for VAT purposes, foreign entities have to appoint a local fiscal representative, except when they have a registered branch in Bulgaria. The requirement does not apply to EU based entities.
As your fiscal representative in Bulgaria, we will act on behalf of your company before the Bulgarian National Revenue Agency on all VAT and registration matters. We will assist you and consult you on the following:
- BG and European company and VAT registration
- Cost-effective VAT refund
- A tax team – experts in international fiscal legislation and procedures
- Full representation regarding the local fiscal/tax administration and obligations
To encourage international trade, the Bulgarian legislation provides an opportunity for foreign entities to reclaim VAT on certain European business expenses. So you are at the right place because we could assist you in all VAT refund procedures. Either you are willing to refund VAT from a single transaction or we are speaking about regular business – Sb Accounting & Consulting will represent you in the most professional manner.