Law Firm of Advocate Markov

The law firm of Advocate Vasil Markov comprises multiple specialized teams, each dedicated to a distinct area of law. The firm provides comprehensive legal services across tax, corporate, immigration and citizenship, real estate, and construction law, delivering tailored solutions to both domestic and international clients.

The firm has expanded its practice by developing additional financial services and entering the financial markets sector. Advocate Markov and his team play a central role in the establishment of fund management companies, as well as in their ongoing legal and regulatory servicing.

The team’s expertise covers both passive and active investment funds. Ongoing servicing includes representation before the Financial Supervision Commission (FSC) and ESMA, regular regulatory reporting, and ensuring compliance across key areas such as client categorization, anti-money laundering (AML) requirements, net asset value (NAV) calculations, audits, and other regulatory obligations.

The firm has first-hand operational experience through the management of its own investment fund—the Bulgaria AIF Fund, managed by its licensed fund management company, Bulgaria Fund Management. While the fund is promoted as a Bulgaria Golden Visa investment fund, it is a fully operational alternative investment fund, subject to the supervision of the FSC and ESMA, providing the team with practical insight into both the legal and operational aspects of fund management.