Free registration under the VAT act

The process of VAT registration is governed by the Value Added Tax Law (VAT Law) and its implementing rules.

The National Revenue Agency keeps a special register, which shall contain all companies that are officially entered into the VAT register.

The VAT registration is done by the National Revenue Agency.

VAT registration is of two types – obligatory and optional.

When your company is registered in the Trade register you can start a procedure for VAT registration. The VAT registration takes 14 days then you will receive an identification number for VAT purposes, before which the sign “BG” is put.
The VAT declaration must be prepared on the basis of the information from the purchase and sales ledgers for the respective month. The deadline for submission of the VAT return and ledgers is the 14th day of the month following the reference tax period.

For more information about that service contact us.