VAT Registration of an EU company
An EU company can register for VAT purposes in Bulgaria, provided that:
- It has permanent establishment on the territory of Bulgaria, from which it performs its economic activity
- It does not have establishment on the territory of Bulgaria, but it conducts taxable transactions with a place of performance on the territory of the country.
The procedure takes no longer than 14 calendar days after which a Bulgarian VAT number is issued.
Registration of an EU company as a foreign employer
An EU company, which intends to hire employees in Bulgaria can either incorporate a Bulgarian company or register itself as a foreign employer in Bulgaria. The registration procedure takes no longer than 14 calendar days and is very straightforward. Basically, the EU company needs to provide a company’s certificate which proves its existence and good standing at the current moment and it should not be older than 6 months. As soon as the National Revenue Agency issues the number of the foreign employer, the EU company can start hiring and pay taxes and contributions on behalf of its employees.