Navigating Bulgaria's Euro Adoption: Your Concise Compliance Guide

Bulgaria is set to adopt the #Euro on 1 January 2026

With the Euro Act ⚖️ and its recent amendments now in effect, businesses face key compliance milestones: obligations for dual price display and a ban on unjustified price increase  during the #DualPricing Period (8 August 2025 – 8 August 2026), payment processing rules during the #DualCirculation Period (1 January 2026 - 1 February 2026), and new duties to provide information to #regulators. Automatic conversion of bank accounts, securities, and payrolls will ensure a smooth transition, but companies must adjust their accounting practices after 1 January 2026. Moreover, they must update their corporate documents and internal policies before the end of 2026.

⏳A #GracePeriod until 8 October 2025 applies to certain requirements, but ⚠️non-compliance may trigger significant #fines, making proactive preparation essential. Joining the #Eurozone is a historic step for Bulgaria, but one that requires careful legal and operational readiness from all stakeholders.

Our team Violetta Kunze, Deyan Bogdanov, Kamen Gogov, remains available to provide full assistance and navigate clients through the variety of legal requirements related to the Euro adoption in Bulgaria.

#Euro #EuroAdoption #Bulgaria #Business #Compliance #Law #Finance #Accounting