12 May 2020 – VAT lowered to 9% for restaurants and entertainment establishments in tourism

Type of Intervention: Regulation
Sectors Involved: Private Sector and Businesses, Tourism
Level of Jurisdiction: National
Lead People/Agency: Ministry of Finance

Overview: Bulgaria reduces VAT for restaurants and entertainment establishments in tourism. The value added tax for restaurants and entertainment establishments in the tourism sector will be reduced to 9% from this summer to the end of 2021.
Full details here: https://bnr.bg/en/post/101274299/bulgaria-reduces-vat-for-restaurants-and-entertainment-establishments-in-tourism

Type of Justification: Supporting the development of tourism