- From early February, large enterprises registered with the National Revenue Agency’s “Large Taxpayers and Insurers” Directorate must submit a Standard Audit File for Tax (SAF-T).
- Enterprises qualify if their 2023 net sales exceed 300 million BGN or their 2023 tax and social security payments (minus refunds) exceed 3.5 million BGN.
- Foreign entities with only a VAT ID or those registered under special laws are exempt.
- The first reporting period is January 2026, with the submission deadline on March 2, 2026.
- SAF-T is an OECD-developed international standard for electronic tax accounting data exchange in XML format.
Source: facebook.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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