Effective Date: January 2026
Type: Legislation
Bulgaria has confirmed the implementation of SAF-T reporting starting in 2026, with large enterprises required to comply first, followed by mid-sized businesses in 2028, and all taxpayers by 2030. SAF-T, an OECD-backed standard, facilitates the exchange of tax data between businesses and authorities in an XML format, already adopted by over 10 European countries. Three types of SAF-T reports will be required: monthly reports (general ledger, invoices, accounts payable/receivable), annual reports (fixed assets), and on-demand reports (inventory), with a six-month grace period for the first submission. The first Bulgarian SAF-T XSD schema is now available and will be updated in 2025, while e-invoicing plans remain uncertain following a 2021 public consultation. VATCalc’s VAT Filer tool can generate fully reconciled SAF-T reports for Bulgaria and other European countries.
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