VAT registration
This service is done by dint of a power of attorney with the notarization of a signature. The following natural and legal persons can be registered under Bulgaria’s VAT Law:
•Sole traders •Persons, practicing liberal professions
•Persons, working under freelance(r) contracts
•Persons, letting premises
•Companies
•Nonprofit legal entities (associations and foundations under Bulgaria’s Law on nonprofit legal entities)
• Civil corporations under Bulgaria’s Law on obligations and contracts and others.
Whenever we speak or write about natural persons – foreigners or companies with a foreign shareholder, for the purposes of VAT registration, we must mention that a Client must have a foreigner’s personal public service number or a Unique Identification Code in the national register of business entities.
Registration can be voluntary (whenever it is completely in the interest of a person) or compulsory (whenever it is necessary, due to the presence of a statutory basis) and includes:
• An initial consultation to a Client on the compulsoriness of VAT registration and what effect it will have upon his line of business. In case of voluntary registration, our consultation elaborates on its benefits and demerits.
•The preparation of necessary documents about registration.
•The filing of documents with NRA and we provide assistance to our client during the performance of the whole procedure.
•The representation of our Client before the public officials of NRA The price of our service is set according to the volume of work done. Upon a made inquiry, a Client gets an individual offer.