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ASD GROUP > OUR SERVICES PER COUNTRY > SERVICES IN BULGARIA > FISCAL > BULGARIAN VAT REFUND – 13TH DIRECTIVE
Just like European companies, businesses established outside of the European Union are entitled to get a refund of the VAT they have paid in Bulgaria.
However, the Bulgarian VAT will only be refunded if the following conditions are met:
Bulgaria has concluded reciprocal agreements with the following countries:
Canada, Croatia, Iceland, North Macedonia, Norway, Switzerland, South Korea (Republic of Korea).
Companies established outside of the European Union have the obligation to appoint a tax representative in Bulgaria in order to file VAT refund claims.
They can file their claims either for a calendar quarter or for a calendar year.
If their claim is submitted for a calendar quarter, it must be on a VAT amount of BGN 400 minimum.
If their claim is submitted for a calendar year, it must be on a VAT amount of BGN 50 minimum.
The claim can be filed starting the month following a calendar quarter, or, where it applies, each calendar year.
In any case, it must be submitted within six months after the end of the calendar year during which refundable VAT has become chargeable, namely until 30th June N+1.
Getting a Bulgarian VAT refund can be challenging for companies established outside of the EU.
To determine if you are meeting all the requirements for the refund as per the local regulations, you will need to perform an in-depth analysis of your company’s activity and of all the invoices mentioning the refundable VAT. You may lose all chances to get the VAT refunded if you make a mistake.
Therefore, the choice of a tax representative or a tax agent is instrumental in the success of your refund application.
ASD Group has 20 year of experience in VAT refund under its belt, a network of agencies present in the 27 countries of the EU as well as a team of tax specialists fully up to date with Bulgarian regulations.
Choosing ASD Group means engaging with a unique partner who will handle for you every step of your Bulgarian VAT refund claim:
01
Audit of taxable operations and analysis of the refundable VAT;
02
Vérification des justificatifs des dépenses ;
03
Review of the spendings’ justificatives;
04
Monitoring of the claim with the Bulgarian tax administration and answer to additional questions from the tax administration;
05
Obtention of the refund.
The transformation and digitalisation of tax is becoming more widespread.
So as to be at the forefront of these digital tax issues, ASD Group has invested in developing platforms for online services, which make managing requirements and exchanges between taxpayers and the tax office much easier.
