Doing Business In Bulgaria Comparative Guide

1. Legal framework

1.1 Does your jurisdiction have a civil law system, a common law system or a hybrid system?

Bulgaria has a civil law system which is harmonised with EU law. The main sources of law are:

• the Constitution;
• acts and codes adopted by the Bulgarian Parliament;
• regulations adopted by:
• • the Council of Ministers;
  • individual ministers; and
  • government agencies and bodies; and
• international treaties to which Bulgaria is a party.

The following are considered subsidiary, indirect sources of law:

• case law;
• legal doctrine;
• legal customs;
• moral rules; and
• equity ('justice').

1.2 Which legislative and regulatory provisions primarily govern the establishment and operation of enterprises in your jurisdiction?