On September 23, 2026, nine members of the Bulgarian National Assembly tabled bill No. 52-654-01-150 to amend the Value Added Tax Act (Zakon za danaka varhu dobavenata stoynost, ZDDS). The bill is the third vehicle on an open file whose two earlier drafts, 52-654-01-2 and 52-654-01-14, propose raising the mandatory VAT registration threshold for micro and small enterprises from EUR 51,130 to EUR 85,000 in annual turnover, with a targeted effective date of January 1, 2027.
The filed text of 52-654-01-150 is not yet machine-readable: the published PDF is a scanned image, so the specific provisions in this particular bill cannot be confirmed from its text. The direction follows the file's prior vehicles and the specialist tax-press coverage of the Bulgarian threshold raise. What is certain is the procedural event: a new amending bill now sits in the Assembly's bills table, lodged by MPs Tsoncho Ganev, Dimo Drenchev, Angel Yanchev, Boris Aladzhov, Kosta Stoyanov, Petar Petrov, Krastyo Vrachev, Georgi Georgiev and Angel Georgiev.
Who does the threshold change affect, and what is the current rule?
Under the VAT Act in force today, a person becomes liable to mandatory VAT registration once calendar-year taxable turnover reaches EUR 51,130. Voluntary registration is available below that line. The file's stated goal is to lift the mandatory threshold to EUR 85,000, which would move the band of micro and small enterprises between those two figures out of obligatory VAT accounting, output-tax charging and periodic returns.
The exposed audience is therefore Bulgarian micro and small enterprises whose annual turnover sits between EUR 51,130 and EUR 85,000, plus the tax advisers, accountants and bookkeepers who run their VAT compliance. A business close to the current line that expected to tip into mandatory registration next year could instead stay outside the VAT net if the raise takes effect as drafted, changing both its pricing edge, with no VAT embedded in the price, and its ability to recover input tax on purchases.
What stage is bill 52-654-01-150 at, and what comes next?
The bill is at the introduction stage. The National Assembly's bills page lists signature 52-654-01-150 with a submission date of September 23, 2026, in the Second Session, but no committee assignment, first-reading report, or deadline for amendment motions has been published yet. Bulgarian law is adopted in two readings: the first debates the bill as a whole and sets the framework, written amendment motions are tabled between the readings, and the second reading adopts the act chapter by chapter. Only after the second-reading vote is the act sent to the President for promulgation in the State Gazette (Darzhaven vestnik), with default entry into force three days after publication unless the act provides otherwise.
None of those downstream steps has started for 52-654-01-150. The file's planned effective date of January 1, 2027 therefore remains a target, not a fixed deadline, and it presupposes adoption and promulgation within the autumn sitting.
How does this bill relate to the earlier threshold bills?
Bill 52-654-01-150 is the third amending vehicle on the same VAT Act file. Bills 52-654-01-2 and 52-654-01-14 are already before the Assembly with the same threshold raise. Multiple vehicles on one file are not unusual in the Bulgarian process: they let different groups of submitters table the same policy, and the lead committee typically consolidates the proposals into a single adopted text at first reading rather than passing all three. For practitioners the practical signal is that the threshold raise has sponsorship from more than one group of MPs, which improves its prospects of reaching a first reading but does not guarantee timing.
| Item | Current law (in force) | File direction (bills -2, -14, -150) |
|---|---|---|
| Mandatory VAT registration threshold | EUR 51,130 / calendar year | EUR 85,000 / calendar year |
| Targeted effective date | In force | January 1, 2027 (target, not fixed) |
| Bill status | Adopted and promulgated | 52-654-01-150 at introduction (23 Sep 2026); first reading pending |
Continuous, per-jurisdiction real-time monitoring surfaces this kind of procedural movement the moment a new bill enters the Assembly's table, before it reaches the State Gazette.
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Until 52-654-01-150 clears first reading, the EUR 51,130 threshold remains the line to apply. Verify whether your turnover or a client's sits in the EUR 51,130 to EUR 85,000 band that the raise would move out of mandatory registration, calendar the lead committee's first reading as the next real milestone, and brief the VAT returns team that a January 1, 2027 effective date is under active consideration but not yet binding. Read the bill text once a machine-readable version is published, and watch the State Gazette for the only legally operative version. Obsidian will report the first-reading schedule as soon as it is set.
