Advertising on Facebook

Advertising on Facebook


Question:
Hello!

I want to advertise on Facebook and that's the only reason I need VAT registration. When registering a new company under Art. 97a of the VAT, do I pay VAT on the products that I will sell only in Bulgaria, or do I owe tax only on the advertising invoices?
Thanks in advance!

Facebook advertising, VAT for importation, Article 97a of VAT, sales in Bulgaria, accounting services, Varna, Ruse, Plovdiv, Burgas, Sofia
Answer:
Hello,
When registering for VAT according to Art. 97a, you will owe VAT only on the amount of services received from legal entities outside Bulgaria (in your case, as far as we understand, on the services received from Facebook).
We hope we have been helpful!
Greetings!




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