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During the first 6 months after the introduction of the euro, banknotes and coins can be exchanged free of charge from BGN to EUR at credit institutions (banks). For the same period, "Bulgarian Posts" EAD will exchange banknotes and coins from levs into euros free of charge only in populated areas where there are no offices or branches of a credit institution. After the first 6 months of the introduction of the euro, credit institutions and "Bulgarian Post" EAD will be able to charge a fee for this service. After 12 months have passed since the introduction of the euro, credit institutions and "Bulgarian Post" EAD may discontinue this service. There are no restrictions on the amount of money exchanged in the BNB.
Other news from Bulgaria
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
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E-invoicing updates in Bulgaria
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In a significant move to modernize its public procurement processes, Bulgaria has mandated the use of electronic invoicing (e-invoicing) and adherence to the European standard as of October 18, 2018. This amendment to the Public Procurement Act (PPA) marks a pivotal shift towards digitalization in the country's public sector. In other words, B2G e-invoicing rules have been updated; maybe we can ex... Read more
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When can we expect Bulgaria to join the Eurozone?
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The Bulgarian Ministry of Finance expects that Bulgaria will satisfy the inflation criterion by the year's end, as per the ministry's models. Deputy Minister of Finance Metodi Metodiev highlighted this during the "Introduction of the Euro: Risks and Challenges: The Experience of Croatia" conference. Although the latest inflation figures reflect a declining trend, the reduction thus far remains ins... Read more
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New document was uploaded: Overview of fiscalization in European countries
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
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New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: Republic of Srpska. Read more
![News](https://www.fiscal-requirements.com/storage/images/news/news-placeholder.png)
Online-Sales in Bulgaria: When cash-on-delivery-Goods are taxed and when they are not?
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Online- sales, also known as e-commerce, have their specifics from the point of view of sales documentation, in connection with which questions arise regarding the issuance of receipts. Read more
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