IMPORT OF VEHICLE IN BG FROM THIRD COUNTRY
If you have a legal entity (with commercial purposes) founded in Bulgaria, you may import a car from a country that is a member of the EU or from a third country (which is not a member of the EU or European Economic Area).
When you buy a car from a country that is not a member of the EU, you will have to pay 20% VAT tax in Bulgaria, as well as tariffs according to the customs declaration in case of import into Bulgaria. If the car has a large engine capacity, you will also have to pay excise duty.
If the car has 6+1 seats without the driver's seat, you can use the tax credit on the purchase (if you have VAT registration. If you don’t have VAT registration, you can request the tax credit later on after you obtain VAT registration) and according to the customs declaration for this purchase of an imported car from a non-EU country.
For oils, gas, lubricants, and other operational expenses, you can use the VAT tax credit if the car is 6+1 seats without the driver's seat.
In case of import from a country that is not a member of the EU, the car must be imported with a customs declaration. In it, there must be calculated all taxes, duty, excise, etc., related to the import of the car.
If the car has fewer than 6+1 seats without the driver's seat, you don’t have the option (right) to use the VAT tax credit according to the customs declaration for car import. For the expenses related to gas, oils, and lubricants, there is a 10% direct tax on the purchase invoices. This 10% tax is a typical expense for the company and its amount reduces the corporate profit, which is the base for calculations of corporate taxes.
