Quick Answer From 1 January 2026, Bulgaria introduced a series of structural and technical changes driven largely by VAT reform, labour digitalisation, and euro adoption. The most significant developments include EU-harmonised SME VAT regimes, electronic employment records, euro-denominated payroll and social security thresholds, and targeted tax clarifications for investment income and family-related reliefs. Corporate Tax […]
Quick Answer: Do You Need to File Intrastat in Bulgaria? You must file Intrastat in Bulgaria if you are VAT-registered and your annual value of EU goods movements exceeds the following thresholds: Intrastat applies only to goods, not services, and reporting is monthly.Late or missing declarations can result in fines, even when your VAT returns […]
Quick Answer Opening and maintaining a business bank account in Bulgaria is essential for most companies, particularly for capital deposits, VAT payments, and payroll. Bulgaria has a stable EU-integrated banking system, but foreign-owned companies face stricter AML checks, longer onboarding timelines, and practical residency expectations. From 1 January 2026, Bulgaria’s adoption of the euro removes […]