Tax and VAT
Tax consequences often determine whether a transaction or structure succeeds. We advise businesses on the tax aspects of their operations and represent them in tax audits and disputes.
We work closely with our clients' accountants and finance teams, taking care of the legal side of tax matters — interpretation of legislation, transaction structuring and defence in disputes with the National Revenue Agency.
We advise foreign companies and individuals on the application of double tax treaties, withholding tax on dividends, interest, royalties and services, and on the risk of creating a permanent establishment in Bulgaria.
We assist clients with VAT registration and deregistration, the taxation of intra-Community supplies and supplies of services, and the tax treatment of reorganisations, in-kind contributions and related-party transactions.
Our services
- Tax aspects of corporate transactions and restructuring
- VAT registration and deregistration; intra-Community supplies
- Withholding tax and application of double tax treaties
- Permanent establishment and tax residence
- Tax treatment of remuneration, options and dividends
- Related-party transactions
- Representation in tax inspections and audits
- Administrative and judicial appeals against tax assessments
- Tax opinions and requests for rulings from the National Revenue Agency
Our approach
We analyse tax consequences at the planning stage — before the transaction is signed, not afterwards. This enables clients to make informed decisions and to keep documentation that withstands subsequent scrutiny.
Frequently asked questions
Does a tax lawyer replace an accountant?
No. The accountant keeps the books and files returns, while the lawyer analyses legal issues, structures transactions and represents the client in disputes. The best results come from working together.
When does a VAT registration obligation arise in Bulgaria?
The obligation arises when the statutory taxable turnover threshold is reached, and in a number of specific cases — for example certain intra-Community acquisitions or services received from foreign suppliers. Voluntary registration is also possible.
What should I do if I receive a tax assessment?
A tax assessment can be appealed within a short statutory deadline. Contact us immediately so that we can analyse the findings and prepare a reasoned appeal supported by the necessary evidence.
Need legal advice?
Get in touch — we will respond within one business day.