07.06.22
Potential e-invoicing mandate
The adoption of e-invoicing across Europe is gaining some momentum. There are indications that Bulgaria has been influenced by countries in close proximity and intends to introduce an e-invoicing mandate for B2B transactions.
Authorities in Bulgaria are holding public consultations, and e-invoicing is being considered amongst other digital VAT-related incentives.
At the moment, the proposal to introduce e-invoicing has not yet been crafted into law. However, this does demonstrate the inclination of countries to digitalise their tax-related processes for a more automated and efficient framework of their fiscal operations.
Tungsten Network is compliant in Bulgaria, and we will closely monitor growing e-invoicing impetus in the country.
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Browse Bulgaria updates
Local currency change to Euro
- Country updates
Revised tax VAT rates
- VAT/G(S)ST rate information
VAT registration threshold increase
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Potential e-invoicing mandate
- Mandate information
VAT rate changes to combat rising inflation
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Zero-rate VAT applied to certain products
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Extension of 9% reduced rate for certain products
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Concept of real-time reporting
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Temporary introduction of 0% VAT rate on vaccines
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