The threshold for VAT registration of companies might be raised yet in the beginning of 2012. The minimum turnover required now is EUR 25,000.
It will be increased two- or three-fold, Chair of the Parliamentary Budget Committee Menda Stoyanova explained to a BNR reporter.
The EC should give permission for the change in the registration threshold, Mrs. Stoyanova said. According to her the raising will ease the activities of small businesses.