Bulgaria on Sales Taxes: VAT, GST

Doing business in Bulgaria requires a thorough understanding of Value Added Tax (VAT). This comprehensive guide explains who needs to register for VAT, the process, and key requirements.

Unsurprisingly, the most common M&A transaction structures in Bulgaria are share deals, in which the target company is acquired with all its assets and liabilities, and asset deals, in which individual assets are acquired.

Resident individuals are taxed on their worldwide income, while non-residents are taxed on their income derived from sources in Bulgaria.