The draft law for Bulgaria’s 2025 State Budget, published on 9 December 2024, introduces several amendments, including a requirement for businesses to submit standard audit files (SAF-T).
This new rule will apply to most companies, with exceptions for micro-enterprises. The requirement will be phased in over several years, based on company size and revenue.
Starting 1 January 2026, large enterprises with revenues exceeding BGN 300 million in 2023 will be required to submit SAF-T files. By 1 January 2027, the rule will extend to businesses of all sizes that meet the same BGN 300 million revenue threshold based on 2024 figures. In 2028, businesses with revenues above BGN 15 million in 2025 will also be included. By 1 January 2030, all enterprises under the Accounting Act will be required to comply.
The new filing system will require monthly submissions, with businesses providing accounting entries and payment details by the 14th of each month. Inventory and asset data will be submitted annually. To allow businesses time to adjust, a six-month grace period will be given for the first SAF-T filing.
All submissions must be made electronically with a qualified electronic signature. The National Revenue Agency (NRA) will publish detailed guidelines on the submission format and procedures on its website.
