|
|
Bulgaria to Reduce VAT to 18 percent after 2007
|
Bulgaria will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new VAT bill, which the government has proposed to be enforced from January 1, 2006.
The bill is part of ongoing effort to align the local legislation to the EU body of law and to ensure the successful launch of the National Revenue Agency.
VAT revenues added up to BGN 3.8 B in 2004 and are budgeted at BGN 4.1 B for 2005.
Under the new bill, any small businesses - defined as entities with an annual turnover below BGN 50,000, may register for the purposes of the VAT Act. The new bill shortens the VAT refund period from 45 to 30 days.
The new bill keeps intact the preferential treatment that priority investment projects already enjoy. Eligible projects should have an implementation period of up to 2 years, investment should total BGN 10 M with at least 50 new jobs created in the process.
Eligible investors should have no outstanding financial obligations and should prove they have the necessary financing. If all the conditions are met, the investors are eligible to be refunded VAT incurred by the purchase of the investment goods. |
|
all news >>
|
 |
|
 |
Bulgarian Properties |
Cheap Properties in Bulgaria >>
|
 |
Ever been in love? – My Bulgarian Property - RUS6729 - DISCOUNTED PRICE
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 8500 EUR
|
|
|
 |
Rural House for you RUS1571
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 9600 EUR
|
|
|
 |
The perfect mountain destination - My Bulgarian Property - UN-SM11
Brief: Houses for sale near Popovo
Area: 64 sq.m.
Price: 3800 EUR
|
|
|
 |
It’s not a house! It’s a 5 bedrooms mansion– My Bulgarian Property – UN2102
Brief: Houses for sale near Ruse
Area: 130 sq.m.
Price: 9000 EUR
|
|
|
 |
Where the sea starts from your window - Bulgarian Property near Cape Kaliakra - RUS1960
Brief: Land for sale near Balchik
Area: 12900 sq.m.
Price: 580500 EUR
|
|
|
 |
Only for SMART Investors! – Bulgarian Property - RUS1542
Brief: Land for sale near Varna
Area: 98000 sq.m.
Price: 3822000 EUR
|
|
|
 |
Between the 2 amazing Bulgarian cities – My Bulgarian Property – RBP09
Brief: Houses for sale near Ruse
Area: 830 sq.m.
Price: 8900 EUR
|
|
|
 |
What a wonderful life – Invest in Bulgaria - RUS1562
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 4600 EUR
|
|
|
 |
Another astonishing offer for your business - Bulgarian Property - RUS1244
Brief: Restaurants & Bars for sale in Ruse
Area: 200 sq.m.
Price: 280000 EUR
|
|
|
 |
Bulgarian Property - Mountain starts from your door – RUS1287
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 6300 EUR
|
|
|
 |
Want to develop some family business? That’s it! - RUS1236
Brief: Restaurants & Bars for sale in Ruse
Area: 330 sq.m.
Price: 73000 EUR
|
|
|
 |
How deep is your love for nature? – RUS 1518
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 12900 EUR
|
|
|
 |
Next to a mountain, a forest and a river – RUS 1273
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 6200 EUR
|
|
|
 |
Rent an office in the top center of Ruse - RUS1238
Brief: Offices for rent in Ruse
Area: 70 sq.m.
Price: 500 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
