- Bulgaria introduces Standard Audit File for Tax (SAF-T) with submissions starting in 2026
- Businesses should prepare through internal assessments and technical solutions before 2026
- The 2025 State Budget Act mandates SAF-T submission for large entities from January 2026
- SAF-T is an international standard for data exchange between taxpayers and tax authorities
- Initially applies to large enterprises, expanding to most businesses by 2030, with some exceptions
- Foreign businesses in Bulgaria may also be required to submit based on activity size
- A six-month grace period is provided for the first submission
- Reporting frequency varies: monthly for accounting entries and invoices, annually for assets, and upon request for stock movements
- SAF-T includes data on suppliers, customers, invoices, payments, stock movements, and assets
- Companies should consult tax advisors for compliance and training on SAF-T requirements in Bulgaria
Source: taxnews.ey.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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