Bulgaria
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The fiscalization requirements in Bulgaria are very rigorous and there are many mandatory rules which need to be followed. There are obligations regarding the mandatory use of fiscal devices as well as specific declaration procedures for the POS SW.
Bulgaria
Currently, the main fiscal regulation in Bulgaria, based on fiscal device, is from 2006. Many updates to Ordinance H-18, have been made in the last years. Deadlines, adjustments, mandatory or non-obligatory rules were introduced. Some of the important new requirements are the USN generated by POS software at the beginning of the transaction, the use of a QR code on the receipt layout, special voucher handling, special rules for e-shops, the transition of the official currency to EUR, etc.
Type of fiscalization: Hardware
Latest news for Bulgaria
See moreEuropean Union to introduce custom duties for products cheaper than 150 EUR
The European Commission has proposed a reform of the customs rules in the Union, which, among other things, provides for the introduction of customs duties for products whose value is lower than 150 euros. The proposed reform abolishes the current threshold on the basis of which goods with a value of less than 150 euros are exempted from customs duty, which was widely exploited by fraudsters. The... Read more
The European Commission has proposed a reform of the customs rules in the Union, which, among other... Read more
Has work on Bulgaria's adoption of the euro been put on hold?
Bulgaria
Author: Kristina Dosen
The adoption of the euro as Bulgaria's national currency has begun. The idea of law has been introduced, and certain general principles have been presented, as we've already indicated in a lot of earlier news, but there are some concerns that have come up, all relating to politics and other issues related to Bulgaria joining the eurozone. We can see that institutions in Bulgaria are already workin... Read more
The adoption of the euro as Bulgaria's national currency has begun. The idea of law has been introdu... Read more
Does ViDA have an impact on retail or wholesale?
The biggest impact on retailers and wholesalers is regarding VAT registration, VAT compliance, and cross-border transactions, whereas online marketplaces are impacted the most. Read more
The biggest impact on retailers and wholesalers is regarding VAT registration, VAT compliance, and c... Read more
Does ViDA have an impact on fiscalization processes?
Since VAT is a key component of the fiscalization process, we can state with a certain level of certainty that VAT in the Digital Age (ViDA) will impact fiscalization, especially in regard to online retailers and cross-border sales. Read more
Since VAT is a key component of the fiscalization process, we can state with a certain level of cert... Read more
Purpose of VAT in the Digital Age (ViDA)
In its core, ViDA covers three distinct but interrelated areas of VAT policy: - Digital reporting requirements (DRRs); - The VAT Treatment of the Platform Economy; and - The Single Place of VAT Registration and Import One-Stop Shop (IOSS) For each of these pillars, a time frame for implementation is set as follows: Digital Reporting Requirements (DRRs) As of January 2028: The propos... Read more
In its core, ViDA covers three distinct but interrelated areas of VAT policy: - Digital reportin... Read more
The e-invoicing process
An invoice must go through a variety of processes and phases before it can be archived. There are eight steps that are generally applicable, despite the fact that the processes and the degree of automation may vary dramatically between companies, industries, and geographical areas. Those are: the seller prepares the invoice, the seller issues the invoice, the seller sends the invoice, the bu... Read more
An invoice must go through a variety of processes and phases before it can be archived. There are ei... Read more
Latest document for Bulgaria
See moreE-commerce BG - Legal requirements
Bulgaria
Author: Kristina Dosen
We unveil the specific rules when it comes to e-commerce requirements in Bulgaria such as receipt types and transaction types in online sales, how the sale process looks like (possible scenarios), and much more. Read more
We unveil the specific rules when it comes to e-commerce requirements in Bulgaria such as receipt ty... Read more
Recorded webinar: New regulations around e-receipts in European countries
On April 5, 2023, Fiscal Solutions organized a free webinar on the topic of „New regulations around e-receipts in European countries“. The webinar was held by Mitul Jain, CEO and co-founder at Refive, and Nikolina Basić, Legal Consultant at Fiscal Solutions. This webinar introduces to the specific regulations in various European countries when it comes to e-receipts. Read more
On April 5, 2023, Fiscal Solutions organized a free webinar on the topic of „New regulations around... Read more
Introduction of euro as official currency in Bulgaria
Bulgaria
Author: Kristina Dosen
The purpose of this document is to present, monitor, and describe Bulgaria's official currency transition to the euro. All information is presented in accordance with information that has been published, with expectations announced by the Bulgarian Ministry of Finance. Everything has been done in collaboration with the major fiscalization relevant body, the National Revenue Agency of Bulgaria (NRA). Read more
The purpose of this document is to present, monitor, and describe Bulgaria's official currency trans... Read more
Recorded webinar: Meet Fiscal Solutions – What is our core business?
On March 15, 2023, Fiscal Solutions organized a free webinar on the topic of „Meet Fiscal Solutions – What is our core business?“. The webinar was held by Danilo Krstonijević, Account Manager at Fiscal Solutions. This webinar introduces us as an IT specialist for fiscalization and explains in detail what we do. Read more
On March 15, 2023, Fiscal Solutions organized a free webinar on the topic of „Meet Fiscal Solutions... Read more
Vending machines – Bulgaria
Bulgaria
Author: Kristina Dosen
The purpose of this document is to explain the relation between fiscalization and some special devices used for selling - vending machines. Are they subjects of fiscalization or not, is there an obligation to issue a fiscal receipt, and are there some special rules that need to be met to be able to use these devices. Read more
The purpose of this document is to explain the relation between fiscalization and some special devic... Read more
OSS and E-commerce glossary
The purpose of this document is to provide a better understanding of the main words and phrases that are used when referring to the EU legislation relating to the One Stop Shop (hereinafter: “OSS”) as part of the EU VAT e-commerce package. Read more
The purpose of this document is to provide a better understanding of the main words and phrases that... Read more