Intelligence

From 1 January 2026, Bulgaria's VAT system undergoes major changes following euro adoption and the implementation of EU small business VAT rules. The VAT reform impacts thresholds, registration, cross-border sales...

In Bulgaria, tips left for waiters, bartenders, drivers, and other service workers often raise questions regarding their tax and social security treatment.

The recent amendments to the SAF-T legislation seem to bring welcome changes for taxpayers. Starting soon, the deadline for submitting monthly SAF-T reports will be extended from the 14th of the following month to the end of the month.

Bulgaria is set to implement the Standard Audit File for Tax (SAF-T) system from 1 January 2026, marking a significant milestone in the country's digital tax compliance landscape.

Freelancing is on the rise in Bulgaria, with professionals across IT, digital marketing, design, and consulting embracing the flexibility and autonomy it brings.

In Bulgaria, companies are required to calculate their accounting profit or loss annually, following local financial reporting standards.