|
|
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 >>
|
 |
One Good Opportunity Bulgarian Property - RUS1954 - DISCOUNTED PRICE
Brief: Houses for sale near Ruse
Area: 90 sq.m.
Price: 8900 EUR
|
|
|
 |
A home in the sun My Bulgarian Property UN3101 - DISCOUNTED PRICE
Brief: Houses for sale near Veliko Tarnovo
Area: 150 sq.m.
Price: 8000 EUR
|
|
|
 |
A new house for a new home My Bulgarian Property RUS6030
Brief: Houses for sale near Ruse
Area: 105 sq.m.
Price: 18300 EUR
|
|
|
 |
Ever been in love? My Bulgarian Property - RUS6729 - DISCOUNTED PRICE
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 8500 EUR
|
|
|
 |
Cheap and nice property near the Danube My Bulgarian Property RBP24
Brief: Houses for sale near Ruse
Area: 70 sq.m.
Price: 21400 EUR
|
|
|
 |
Amazing luxury house in the Mountain - My Bulgarian Property - RBP13
Brief: Houses for sale near Veliko Tarnovo
Area: 512 sq.m.
Price: 1000000 EUR
|
|
|
 |
The perfect combination: nature, history and a pretty home My Bulgarian Property RBP21
Brief: Houses for sale near Ruse
Area: 200 sq.m.
Price: 93000 EUR
|
|
|
 |
The hidden beauty - Bulgarian Property RUS1285
Brief: Houses for sale near Silistra
Area: 120 sq.m.
Price: 16900 EUR
|
|
|
 |
Bulgarian Property - A perfect combination of property and nature OFFER1101
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 23900 EUR
|
|
|
 |
Sea Pearls - Bulgarian Property RUS 1269C
Brief: Houses for sale near Varna
Area: 154 sq.m.
Price: 181200 EUR
|
|
|
 |
Live in the PLACE OF GOD - Property in Bulgaria
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 10900 EUR
|
|
|
 |
House near an ancient Rock Monastery - Buy Property in Bulgaria - RUS1208
Brief: Houses for sale near Ruse
Area: 130 sq.m.
Price: 35900 EUR
|
|
|
 |
Be creative RUS1520
Brief: Houses for sale near Ruse
Area: 60 sq.m.
Price: 26000 EUR
|
|
|
 |
You rural hit in Bulgarian - RUS1408
Brief: Houses for sale near Ruse
Area: 70 sq.m.
Price: 9800 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
