When is it mandatory to make a VAT registration in Bulgaria and Romania?
BULGARIA
VAT registration is mandatory for companies with a taxable turnover of more than 166 000 BGN, voluntary registration is also possible, before this date.
When distance selling performed by a foreign supplier in Bulgaria exceeds the threshold of BGN 70 000, the supplier must register under VAT in Bulgaria and then charge their buyers with 20% VAT.
ROMANIA
The VAT registration threshold is 300 000 lei and when it comes to distance sales it is 118 000 lei.