- Introduction of SAF-T Obligation: The draft State Budget Act for 2025 mandates Bulgarian businesses to submit standard audit files (SAF-T) starting in 2026, impacting nearly all enterprises, with exceptions for micro-enterprises.
- Implementation Timeline: The SAF-T requirement will be phased in from 2026 to 2030, beginning with large enterprises in 2026, followed by medium and small enterprises based on specific revenue thresholds in subsequent years.
- Submission Details: SAF-T files must be submitted electronically with a qualified electronic signature. Monthly submissions of economic activity data and accounting records are due by the 14th of the following month, while inventory and fixed asset data will be submitted annually. A six-month grace period is provided for the first submission.
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See also
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Collection of E-Invoicing Guides – Worldwide – VATupdate
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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