Bulgaria

Bulgaria Introduces SAF-T Reporting:Mandatory for Large Companies from 2026 Bulgaria’s National Revenue Agency (NRA) is implementing Standard Audit File for Tax (SAF-T) reporting under the EU-funded REFORM/SC2022/050 project. The system will become mandatory for large enterprises from January 1, 2026, with a five-year phased rollout. A critical step has been taken in Bulgaria’s digital transformation […]

Bulgaria Announces Euro Adoption Date: January 1, 2026 The Bulgarian government and Bulgarian National Bank (BNB) announced the plan to adopt the Euro currency in the country. The transition, taking effect on January 1, 2026, has received approval from ECOFIN. Bulgaria has clarified its Euro adoption date, completing another critical phase of its European Union

Bulgaria Prepares SAF-T Rollout to ModernizeTax Reporting Bulgaria’s National Revenue Agency (NRA) launched a public consultation regarding the upcoming rollout of the Standard Audit File for Tax (SAF-T). The initiative forms part of Bulgaria’s broader tax digitalization strategy to boost transparency and combat VAT fraud.  The SAF-T implementation will be phased starting in 2026, with mandatory electronic invoicing and

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