- Bulgaria will implement SAF-T reporting starting January 2026, initially affecting large companies that meet specific financial thresholds. Large enterprises must exceed two of the following by 31 December 2023: total assets over BGN 38 million, net sales revenue over BGN 76 million, or more than 250 employees. Additionally, they must meet one of these 2023 criteria: net sales revenue over BGN 300 million or net payments to the NRA over BGN 3.5 million. The phased rollout extends to 2030, gradually including smaller companies. Businesses should review their 2023 financials and prepare their systems for SAF-T compliance.
Source: marosavat.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.
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