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Navigating the New VAT Amendments

As of 1st of January 2026 Bulgaria introduced significant changes to its VAT legislative framework. The amendments of the Bulgarian VAT Act published in the State Gazette on 30th of December 2025 affect important business aspects such as mandatory registration threshold and changes in the place of supply for some services. New VAT regime for…

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New transfer pricing regulation in Bulgaria – key aspects and challenges

On 1 January 2026, Bulgaria adopted new Transfer Pricing Ordinance that completely replaced the previous longstanding TP Ordinance (effective as of 2006 till the end of 2025). The regulatory framework amendments aim to synchronize the local TP regulations, aligning them with the latest edition of the OECD TP Guidelines. Additionally, the local lawmakers have incorporated…

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