Quick Answer Bulgaria has one of the most competitive tax systems in the European Union. Corporate income tax and personal income tax are both levied at a flat rate of 10%. Value Added Tax (VAT) applies at 20%, with a reduced 9% rate for specific goods and services. Tax residency, VAT registration, and filing deadlines […]
Quick Answer In Bulgaria, VAT may apply to real estate transactions depending on the type of property and the nature of the transaction. The sale of new buildings and regulated land is generally subject to 20% VAT, while the sale or leasing of old buildings is usually VAT-exempt, unless the seller opts to tax. These […]
Archive notice: This article reflects developments and discussions around Bulgarian VAT legislation as of October 2011, following infringement procedures initiated by the European Commission. Since then, Bulgaria’s VAT framework has undergone multiple legislative changes, alignments, and reforms in line with EU law. The information below is preserved for historical reference only and does not reflect […]