Bulgaria is advancing its euro adoption plans with integration into the Eurosystem's TIPS service, enabling instant euro payments within ten seconds, 24/7. This step supports Bulgaria's National Plan for adopting the euro, with additional payment service providers expected to join TIPS in 2025. Read more

The National Revenue Agency of Bulgaria has published an important notice: starting Monday, December 9, 2024, the redirection from the old National Revenue Agency (NRA) electronic services portal at https://inetdec.nra.bg/ to the new portal will be discontinued. After this date, all users must access NRA's electronic services exclusively at https://portal.nra.bg/. For nearly three years, the old p... Read more

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. Read more

If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more

The EU's Economic and Financial Affairs Council (ECOFIN) has approved the Value Added Tax in the Digital Age (ViDA) proposal, aiming to modernize VAT rules and combat tax fraud. ViDA introduces key measures like Digital Reporting Requirements (DRR), VAT collection for the platform economy, and expanded Single VAT Registration, with implementation planned from 2027 to 2035. Businesses must prepare... Read more

Bulgaria’s 2025 draft budget includes a proposed return to the standard 20% VAT rate on restaurant services and bread, ending the temporary reduction to 9%. This adjustment aims to stabilize tax revenue, with other VAT and tax rates remaining unchanged. The Bulgarian Ministry of Finance has announced the Prime Minister's proposed tax measures for the 2025 budget. Key among these proposals is the r... Read more

Retail chains in Bulgaria are actively preparing for the transition from the Bulgarian leva to the euro, focusing on regulatory coordination with the Ministry of Economy and the Commission for Consumer Protection. While the official date for the euro adoption remains unknown, businesses are gearing up for dual pricing labels starting in March, and discussions on fiscalization and other technical a... Read more