Determine when you can deregister from VAT in Bulgaria and calculate the VAT due on inventory and assets upon deregistration.
Select why you want to deregister from VAT
Turnover below threshold for 2 consecutive years
Closing or liquidating the business
Required by NRA due to non-compliance
Enter your taxable turnover for eligibility check
✓ Below threshold
✓ Below threshold
Threshold for voluntary deregistration: €51,130
Enter values of items you claimed input VAT on
€3,000
Your turnover is below the threshold for both years. You can apply for voluntary VAT deregistration.
This VAT must be paid to NRA as part of the deregistration process. It represents the input VAT you previously reclaimed on these items.
Turnover below the threshold in the current and previous year
Due upon deregistration
VAT payable on inventory and assets
Submit Application
For voluntary deregistration there is no legal deadline — file with the NRA whenever you choose. For mandatory deregistration and business cessation, file within 14 days of the triggering event.
Final VAT Return
Prepare and submit final VAT return including VAT on inventory/assets
NRA Review
NRA reviews application within 7 days
Deregistration Complete
Receive deregistration certificate. Stop charging VAT from effective date.
These calculations are for informational purposes only and do not constitute financial, tax, or legal advice. Consult a qualified professional for your specific situation.