Getting ahead of the indirect tax challenge

Indirect tax consulting and compliance

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The growing weight of indirect taxation is heightening the operational and compliance challenges faced by already stretched tax teams.

Changes can come frequently and can be confusing. International trade is growing in complexity and there’s a greater focus on indirect taxation in an increasingly digitised global economy.

Your organisation may be asking “what does this mean for our business?”, “how can we stay ahead of implementation?” and “how can we be sure we’re fully compliant?”. At PwC, we understand this fast-evolving environment and can draw on our experience of developing tailored solutions to help you meet these challenges and address these concerns.

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How we can help

Our dedicated Indirect tax practice offers a wide range of VAT and other indirect tax consulting and VAT compliance services. Our professionals possess indepth knowledge of the Bulgarian and European legislation focusing also on the up-to-date Indirect tax practices and trends and seeking innovative solutions for our clients.

Our expertise means we can deliver relevant technical insights, clear up the complexities, and provide you with a more informed basis for your decisions.

The key to helping you create a successful indirect tax strategy is building a good relationship, so that we understand your whole organisation, where you do business and how you operate.

The value of our indirect tax services builds upon the skills of our local team and the strength of our global indirect tax network. By combining our knowledge of the local practices with the experience of the network, we can offer you practical solutions tailored to the needs of your business and the specifics of your industry.

We can support you in the following areas:

  • Structuring your business from a VAT perspective (including review of contracts and transactions; supply chain optimisation schemes)
  • Reviews of the compliance practice of your company to ensure VAT optimisation (with special focus on VAT recovery opportunities and cash flow planning, as well as mitigation of potential VAT exposures)
  • Advice on specific VAT issues of interest to your company
  • VAT registration and VAT compliance
  • VAT refund for resident and non-resident businesses
  • VAT simplifications and VAT incentive for large investors
  • Industry focused VAT consulting (e.g. retail/ marketing, financial services, real estate)
  • E-invoicing and e-archiving implementation; ERP reviews
  • Assistance in VAT audits and litigation support
  • Tailored training on general and industry-specific VAT issues

Contact us

Orlin Hadjiiski

Orlin Hadjiiski

Partner, Tax & Legal Services, PwC Bulgaria

Nikolay  Ilchev

Nikolay Ilchev

Partner, Tax Services, PwC Bulgaria

Tel: + 359 894 332 921

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