VATupdate

Share this post on

Bulgaria’s Euro Transition: Key Insights for POS Software Providers and Retailers

  • Bulgaria is set to join the Eurozone on January 1, 2026, with a high probability, pending final confirmation in July 2025.
  • The expected exchange rate for the transition is 1.95583 BGN per 1 EUR.
  • Retailers must display prices in both currencies starting August 8, 2025.
  • Fiscal printers need to be updated and ready before the transition.
  • POS software providers must ensure ERP systems recalculate prices using the exchange rate by January 1, 2026.
  • Receipts will show totals in EUR and BGN from August 8, 2025, and dual-currency payments will be possible in January 2026.
  • Change will be given mainly in EUR, with BGN as a backup if needed.
  • Display of BGN totals on receipts will end on January 1, 2027.
  • Fiscal printers will recalculate totals from BGN to EUR on January 1, 2026, and transmit data to the National Revenue Agency.
  • POS software must ensure price recalculations in EUR before the first sale of 2026.
  • Retailers must comply with dual-currency payment regulations for a smooth transition.

Source: fiscal-requirements.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

Pincvision
VATIT Compliance

Advertisements: