Starting from the 2022–23 season, a new league format was approved by the Bulgarian Football Union, in an attempt to improve each participating club's competitiveness, match attendance and performance in the league. It involves 16 teams playing in two phases, a regular season and playoffs. The first phase includes each club competing against every other team twice in a double round-robin system, on a home-away basis at a total of 30 games per team and played in 30 fixtures. Eight matches are played in every fixture at a total of 240 games played during the first phase. In the second phase, the top six teams form a European qualifying table, while between the 7th and 10th places will battle European Conference League play-off and bottom six teams participate in a relegation group. The winner of the top group is declared as Champions of Bulgaria and is awarded with the title.

International qualification

The six top teams compete against each other on a home-away basis. Three matches are played in every fixture of the top six, with the results and points after the regular season also included. At the end of the stage, every team will have played a total of 36 games. The winner of the group is declared as Champions of Bulgaria and automatically secures participation in the UEFA Champions League second qualifying round. The team that ranks second is awarded with a place in the UEFA Europa League qualifying rounds. The third team in the final standings would participate in a play-off match against a representative team from the bottom eight. Depending on the winner of the Bulgarian Cup final, a possible fourth team from the first six may compete in a play-off match for an UEFA Europa League spot instead of the third ranked team.

Note: If the Bulgarian Cup winner has secured its qualification for the European tournaments for the next season through results from Parva Liga, then the place in the UEFA Europa League play-off is awarded to the fourth ranked team in the final standings.

Relegation

The teams in the bottom eight are split in two sub-groups of four teams, Group A and Group B, depending on their final position after the regular season standings. The teams that enter Group A are the 7th, 10th, 11th and the 14th, and the teams that participate in Group B are the 8th, 9th, 12th and the 13th. Every participant plays twice against the other three teams in their group on a home-away basis. The teams from the bottom eight also compete with the results from the regular season. After the group stages, every team will have played a total number of 32 games. Depending on their final position in Group A and Group B, two sections will be formed, one for a play-off spot in next season's European competitions and one to avoid relegation. The first two teams from each group continue in the semi-finals, and the last two teams of each group continue to the semi-finals for a relegation match. After this phase, one team is directly relegated to the Second League and the remaining two teams will compete in two relegation matches against the second and the third ranked clubs from the Second League.

Tiebreakers

In case of a tie on points between two or more clubs, tiebreakers are applied in the following order:

1. Number of wins;
2. Goal difference;
3. Goals for;
4. Goals against;
5. Fewest red cards;
6. Fewest yellow cards;
7. Draw