E-invoicing and electronical VAT return have been mandatory in Bulgaria for quite a few years, even for non-resident businesses.
Discover below what the options are to comply with e-invoicing regulations in Bulgaria and get started in a few easy steps.
Bulgarian contracting authorities are required to receive and process governement invoices since April 2019.
All taxable persons registered for VAT in Bulgaria - including non-resident businesses - are also required to submit their VAT return, sales and purchase registers monthly in electronic format. This has been mandatory since January 2018.
E-invoicing in Bulgaria is based on bilateral agreements between economic operatiors (or solution providers acting on their behalf) and public administrations.
There are two options for sending B2G, B2B and B2C e-invoices in Bulgaria. Find out more below.
There is one national platform and network:
If you want to send invoices via Peppol you only have to register on an official Peppol Access Point.
Follow the steps below to register on the Billit Access Point and send your first invoice.
Peppol is a secure and closed network with many advantages:
The identity of everyone affiliated with the network is verified, so you can be sure that the invoices you receive are genuine, and you avoid invoice fraud.
The invoices you send through the network are completely digital, so you can process them automatically in your invoicing software.
E-invoices in the UBL standard are automatically read correctly. This prevents human error during processing.
Linking to your bank account means that outgoing and incoming invoices are automatically matched and you get a better overview of your company's financial situation.
Peppol is fast: your recipient will receive your invoice within 10 minutes of sending it. Combined with automatic processing, this will save a lot of time.
Peppol is an open network for securely sending and receiving business documents such as invoices. It is designed to simplify the purchase-to-pay process between governments and suppliers. Peppol was developed by the European commission but is on its way to become a global standard.
There are many kinds of identifiers for sending invoices via Peppol. Find out the difference between each option below.
| Type | Description | Example |
|---|---|---|
| VAT number | A 9-digit enterprise number for companies. It works as a unique ID and allows other entrepreneurs to safely look up information about companies they do business with. You are required to mention this ID on your invoices. | BG123456789 |
| UIC Bulstat code (Unified Identification Code) | A unique identification code assigned to legal entities who register in Bulgaria. It consists of 9 digits. and is the only identifier of business entities in Bulgaria. it is also called the BULSTAT code after the name of the Trade register in Bulgaria. The 9-digit code is also used in the VAT number. | 123456789 |
