Hatice Ozcan
Dec 25, 2024
Bulgaria to Implement Mandatory SAF-T Requirement from 2026
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:
January 1, 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.