SAF-T is Here: Prepare Your Business for the New Reporting Standard

The digital transformation of tax administration in Bulgaria is no longer a future project; it is a reality. The introduction of the SAF-T represents the most significant change in reporting to the National Revenue Agency in decades. For companies, this marks the end of paper folders and the transition to a fully automated, detailed, and electronic exchange of financial data.

What does SAF-T mean for your business today?

It is not just a new report; it is a comprehensive .xml file that consolidates information from all organizational levels: accounting entries, asset movements, inventory levels, and invoicing.

Our team is developing a specialized integration for Business Central that makes SAF-T file generation seamless and transparent. With our solution, you benefit from:

  1. Real-time data extraction directly from your ERP system.

  2. XML generation for all required modules: Finance, Inventory, and Fixed Assets.

  3. Automatic updates in alignment with the latest legislative requirements.

  4. Built-in validation tools to verify data integrity, ensuring you submit accurate information to the NRA.
     

 

Who is affected?
The first wave of mandatory implementation targets Large Taxpayers who meet at least two of the following criteria:

  • Assets: over 25,564,595 BGN

  • Net Revenue: over 51,129,190 BGN

  • Employees: over 250

Implementation Timeline and Requirements

SAF-T reporting will become mandatory in several stages, starting in 2026. The first to comply are large enterprises as defined by the Accountancy Act and the State Budget Act.

  • The first reporting period began on January 1, 2026. The deadline for the first submission is March 2, 2026, making SAF-T preparation a critical and urgent task for affected companies.

  • Future expansion: The requirement will extend to medium, small, and micro-enterprises by 2030, meaning virtually all businesses must eventually be SAF-T ready.

  • Digital submission: Filing is strictly electronic and requires specialized software capable of correctly structuring the file content.
     

SAF-T: The New Reality in Reporting

Timing is everything. Organizations that start preparing early will gain a significant advantage during future audits, saving resources, time, and reducing administrative burdens.

With the help of our team, you can transform this legal obligation into an opportunity to optimize your financial processes. Our approach goes beyond technical file generation; we provide process analysis, data structure consulting, and best practices for long-term compliance.

Contact the Navtech Group team today for a demonstration.
Let us provide you with total peace of mind for every future NRA inspection.

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