Bulgaria has announced plans to introduce mandatory SAF-T (Standard Audit File for Tax) reporting from 2026. The draft, State Budget Act for 2025, includes provisions requiring businesses to submit SAF-T files to improve tax compliance and financial transparency.
The SAF-T obligation will be rolled out in phases between 2026 and 2030, gradually covering businesses based on their size and revenue thresholds. The timeline is as follows:
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January 1, 2026: Applies to large enterprises with net sales revenue exceeding 300 million BGN (around 153.4 million EUR) in 2023.
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January 1, 2028: Applies to enterprises with net sales revenue over 15 million BGN (around 7.7 million EUR) for 2025.
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January 1, 2030: Applies to all enterprises (under Article 2 of the Accounting Act.)
Businesses will be required to submit SAF-T files electronically, authenticated with a qualified electronic signature. The submission process will be regulated by the National Revenue Agency, with detailed guidelines to be published on the NRA website.
With the introduction of mandatory SAF-T, Bulgaria aims to enhance financial transparency and to align with international tax standards. Businesses are encouraged to begin preparations to meet the requirements and deadlines set out in the State Budget Act. Further details and technical specifications will be provided by the NRA in the coming months.
