Bulgaria has announced the phased implementation of mandatory SAF-T (Standard Audit File for Tax) reporting, as outlined in the State Budget Law for 2025, starting in January 2026. This initiative aims to enhance tax compliance and streamline data exchange between taxpayers and tax authorities. The implementation timeline is as follows:
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January 2026 – Large enterprises meeting at least one of the following criteria:
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Net sales revenue for 2023 exceeds BGN 300 million.
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Tax and social security contributions collected exceed BGN 3.5 million.
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January 2027 – Large, medium, and small enterprises meeting at least one of the following criteria:
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Net sales revenue for 2024 exceeds BGN 300 million.
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Tax and social security contributions collected exceed BGN 3.5 million.
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January 2028 – Large, medium, and small enterprises meeting at least one of the following criteria:
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Net sales revenue for 2025 exceeds BGN 15 million.
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Tax and social security contributions collected exceed BGN 1.5 million.
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January 2029 – All large, medium, and small enterprises, regardless of additional conditions.
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January 2030 – Extends to micro-enterprises.
SAF-T Reporting Requirements
SAF-T files must be submitted monthly, by the 14th day of the month following the tax period, except for data on stocks and fixed assets, which are to be submitted annually, within the deadline for filing the annual Corporate Income Tax return.
Grace Period for Initial Implementation
A six-month grace period will apply upon the initial obligation for SAF-T reporting, during which taxpayers are not required to submit SAF-T files.
Additionally, taxpayers will have the opportunity to correct submitted SAF-T files within the six months following this grace period without penalties.
