SAF-T implementation would begin for large enterprises January 1, 2026
The Bulgarian government on December 13, 2024, submitted to Parliament draft amendments to the Tax and Social Security Procedure Code (TSSPC) that would introduce an obligation for enterprises to submit a standard audit file for tax (SAF-T).
The SAF-T implementation would be phased, beginning on January 1, 2026, for large enterprises that meet specific revenue and tax contribution thresholds. If adopted, by January 1, 2030, this obligation would extend to all enterprises that fall under the defined criteria.
Read the announcement (Bulgarian)
For further information, contact a KPMG tax professional:
Philippe Stephanny | philippestephanny@kpmg.com
Kathya Capote Peimbert | kcapotepeimbert@kpmg.com
Ramon Frias | ramonfrias@kpmg.com