The Bulgarian government has formally adopted the Standard Audit File for Tax (SAF-T) as a part of its 2025 State Budget, after the amendments to the Tax and Social Security Procedure Code (TSSPC) that were published in the State Gazette on March 27, 2025. Bulgaria will mandate businesses to submit accounting and economic activity data on a monthly, annual, or upon request basis, contingent upon the data type.
The new obligation will be implemented in a phased approach, starting from January 1, 2026, for large entities with an annual turnover of more than BGN 300 million or with a significant tax contribution. The first monthly SAF-T file, covering January 2026, will be due by February 14, 2026, while the first annual file will be due by June 30, 2027. The mandate is projected to extend to all enterprises, including VAT-registered microbusinesses, by 2030.
The technical format and submission process will be defined by an official order from the Executive Director of the National Revenue Agency (NRA). The submission of reports is mandatory and must be conducted electronically, utilizing a qualified electronic signature. Failure to comply with this directive may result in financial penalties, amounting to up to BGN 15,000 for initial infractions and increasing twofold for subsequent violations. Businesses are advised to begin preparations now to ensure readiness for the phased implementation.
