Bulgaria to Enforce SAF-T Compliance for Businesses

Bulgaria published the draft State Budget Act for 2025, introducing significant amendments, including a mandatory requirement for Bulgarian businesses to submit Standard Audit Files for Tax (SAF-T).

Scope and Timeline

The SAF-T obligation will gradually cover almost all businesses between 2026 and 2030, with exceptions for micro-enterprises. The rollout will follow this schedule:

• 1. Januar 2026 – Large enterprises with net sales revenue exceeding 300 million BGN (approximately 153.4 million EUR) for 2023.
• January 1, 2027 – Large, medium, or small enterprises with net sales revenue exceeding 300 million BGN for 2024.
• January 1, 2028 – Large, medium, or small enterprises with net sales revenue exceeding 15 million BGN (approximately 7.7 million EUR) for 2025.
• January 1, 2029 – Large, medium, or small enterprises classified under the Accounting Act as of December 31, 2026.
• January 1, 2030 – Enterprises falling under Article 2 of the Accounting Act.

A six-month grace period will be provided for the submission of the first SAF-T file.

SAF-T Submission Frequency

• The SAF-T file will contain data on business activities and accounting records.
• Accounting entries, payments, and related information will need to be submitted monthly, by the 14th day of the following month.
• Inventory data and fixed asset movements, which are part of the SAF-T, will be submitted annually.

Submission Process

Enterprises will be required to submit SAF-T files electronically, using a qualified electronic signature. The format and method of submission will be specified by the Executive Director of the National Revenue Agency (NRA), with guidelines published on the NRA’s official website.