Bulgarian Invoice requirements
Last updated: 2017-12-13
Countries across the entire globe have different rules and regulations regarding Invoicing. At InvoiceOcean we always try to stay up to date regarding major changes.
Bulgaria has a different rule set regarding invoicing than other countries within the European Union, as such we have compiled these in a list for you, all in accordance with Article 114.
(1) Invoices shall include:
1. The document name;
2. A unique identifying ten-digit serial number, containing only Arabic numerals, based on one or several series depending on the accounting requirements of the taxable person;
3. The date of issue;
4. The supplier’s name and address;
5. The supplier’s identification number issued on the basis of Article 94(2) or the number issued on the basis of Article 84 of the Code of Tax and Social Security Procedure (DOPK) where the supplier is not registered under the VAT act;
7. The recipient’s name and address;
8. The supplier’s identification number issued on the basis of Article 94(2) or the number issued on the basis of Article 84 of the Tax and Social Security Procedures Code if the supplier is not registered under this Act, the VAT identification number if the recipient is registered in another Member State, or a different number identifying the person if this is required under the laws of the country in which the recipient is established;
9. The quantity and type of goods or services;
10. The date of the taxable event or the date on which payment was received;
11. The unit price exclusive of VAT and the tax base of the supply, as well as any commercial discounts and deductions, if they are not included in the unit price;
12. The rate of VAT, and in the case of zero-rated supplies, the grounds for the application of zero rating and the reasons why VAT is not applied;
13. The amount of VAT;
14. The total due, if different from the tax base and the VAT;
15. For intra-Community supplies of new vehicles: the elements defining the goods as a new vehicle.
(2) Where a person is making distance sales of goods, is registered for VAT in another Member State and the place of performance is the territory of that Member State, the following details shall be included in addition to the requirements laid down by (1):
1. The person’s identification number for VAT purposes issued by the other Member State;
2. The applicable tax rate in the other Member State;
3. The amount of tax payable on the supply.
(3) When the registered person who is an intermediary in a triangular operation records a supply of goods to the recipient in the triangular operation, the invoice must cite ‘Article 28c(E)(3) 77/388/EEC’ as grounds for exemption from VAT.
(4) If the VAT is chargeable to the recipient, the invoice shall not state the tax base and the amount of VAT. In such cases the invoice shall mention explicitly that the tax is chargeable to the recipient and shall give the grounds for this.
(5) The invoice totals may be stated in any currency, provided that the tax base and VAT are stated in Bulgarian leva and Article 26(6) is compiled with.