Taxes in European Union?

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Hello,

I want to start e-commerce site. My clients will be from around Europe. My company is based in Bulgaria. What taxes should I pay?

 

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Hello Momchil,

According a new rule that is effective from 01.01.2015 if your customers are from a country from the European union, you have to be registered for VAT in that respective country. For example, if you have customers from Spain and France, you have to be registered in those 2 countries. This can be done online via VAT MOSS system. Apart from it, you have to charge your customers with the VAT corresponding to their country, not with the 20% that is the VAT in Bulgaria. 

For countries that are not in the EU, you do not need to be registered for VAT.

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