Welcome to ASB Accounting Services Bulgaria – your trusted partner for accounting, tax, and business services in Bulgaria!
In this video, I’ll guide you through the process of registering for the OSS (One Stop Shop) and IOSS (Import One Stop Shop) VAT schemes in Bulgaria, and explain why they’re important if you sell to customers across the EU.
What Are OSS and IOSS?
- OSS (One Stop Shop) is an EU VAT scheme that allows you to declare and pay VAT for B2C sales of goods and services across EU countries through a single registration in your home country.
- IOSS (Import One Stop Shop) is used for distance sales of goods imported into the EU from third countries, for shipments valued up to €150.
- Both schemes simplify compliance and reduce the need for VAT registration in every country where your customers are located.
Who Can Register in Bulgaria?
- Union OSS: EU-based businesses, including Bulgarian companies, selling cross-border to consumers in other EU countries.
- Non-Union OSS: Non-EU businesses providing digital services to EU consumers.
- IOSS: EU or non-EU businesses selling imported goods under €150 to EU customers.
If your business is based in Bulgaria or you work with a Bulgarian intermediary. You’re eligible to register here.
How to Register for OSS/IOSS in Bulgaria
- Access the Bulgarian NRA e-Portal:
Visit the website of the National Revenue Agency (NRA) of Bulgaria. - Log in with a Qualified Electronic Signature:
You’ll need a valid QES (qualified electronic signature) to authenticate your application. - Complete the Online Application:
Select the appropriate scheme (OSS or IOSS) and provide your business details:- Company name and address
- VAT number (if applicable)
- Description of your cross-border activities
- Wait for Confirmation:
Once your application is reviewed and approved, you will receive access to the online VAT return portal for the chosen scheme.
After Registration – Your Responsibilities
- OSS Returns: Must be filed quarterly.
- IOSS Returns: Must be filed monthly.
- Record-Keeping: You must keep VAT records for 10 years.
- VAT Rates: You are responsible for charging the correct VAT rate of the country where the buyer is located.
Need Help?
Registering for OSS/IOSS in Bulgaria can be confusing, especially if you don’t speak Bulgarian or aren’t familiar with the NRA portal.
At ASB Accounting Services, we handle the entire process for you – from registration to ongoing compliance and reporting.
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