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  • Article

    The Jurisdictions With Preferential Tax Regimes And The Offshore Companies

    In a recent interview for Bloomberg TV our colleague Emil Lukaev discussed over the topic regarding the lawfulness of the tax optimization which the business uses through the jurisdictions....
    BulgariaTax
    Penkov, Markov & Partners
    Penkov, Markov & Partners
  • Article

    Changes To Creditors' Rights On Mergers

    Unsecured creditors can no longer request payment from a merging/demerging company of sums that are not due and payable at the time of the merger/demerger.
    BulgariaCorporate/Commercial Law
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Setting Up Operations In Bulgaria

    Today's uncertainties at the European Union's eastern border have left companies questioning the safety of their people and the continuity of their operations in that part of the world.
    BulgariaCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Setting Up Operations In Bulgaria

    Today's uncertainties at the European Union's eastern border have left companies questioning the safety of their people and the continuity of their operations in that part of the world.
    BulgariaCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Shorter Time To Market For Commercial Entities In Bulgaria

    An amendment to the Bulgarian Trade Register Act has resulted in a greatly reduced wait time for those registering a new entity in the country.
    BulgariaCorporate/Commercial Law
    TMF Group BV
    TMF Group BV
  • Article

    Bulgaria – Raids On Companies Suspected Of Arms Exports To Russia

    It is being reported that the National Investigation Service of Bulgaria has conducted multiple raids in Sofia and elsewhere...
    BulgariaCriminal Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    When Freedom Of Contract Slips Into An Abuse Of A Stronger Bargaining Position. The Bulgarian Competition Authority Fines A1, The Bulgarian Subsidiary Of Telekom Austria.

    December 2018 – Last week, the Bulgarian competition authority fined A1, the Bulgarian subsidiary of Telekom Austria, a total of BGN 804,340
    BulgariaAntitrust/Competition Law
    Kinstellar
    Kinstellar
  • Article

    Changes To Merger Reporting Requirements

    The reporting requirements on company mergers and demergers have been relaxed with effect from 31 December 2010.
    BulgariaCorporate/Commercial Law
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    The VCC: A New Company Form Launched In Bulgaria

    The eagerly awaited Variable Capital Company (VCC) was introduced on 1 August 2023 with amendments to the Bulgarian Commercial Act. It blends the limited liability...
    BulgariaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    The EU Recovery Plan Effects For Bulgaria

    Introduction of a clear procedure for startup visas, incentives for Bulgaria to become a destination for digital nomadism, more " scale-up companies " – all these reforms for improving...
    BulgariaCorporate/Commercial Law
    Eurofast
    Eurofast
  • Article

    Staff Motivation By Providing Shares To Employees

    Shares represent securities that are part of the capital of a trading company. In this article, we will look at the possibility of providing shares to employees and what the benefits are.
    BulgariaEmployment and HR
    Eurofast
    Eurofast
  • Article

    Bulgaria's New Euro Law: What Businesses Need To Know Ahead Of The 2026 Currency Transition

    Bulgaria is set to adopt the euro as its official currency on 1 January 2026, marking a significant economic milestone. Recent legislative changes have laid the groundwork for this transition, setting out rules on pricing...
    BulgariaFinance and Banking
    Eurofast
    Eurofast
  • Article

    High Time For Companies To Register Their Beneficial Owner

    This information must be registered in the BULSTAT Register.
    BulgariaGovernment, Public Sector
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Changes To Insolvency Procedure

    A number of changes have been made to insolvency procedure to remove various discrepancies and controversial practices.
    BulgariaInsolvency/Bankruptcy/Re-Structuring
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Materialised Bonds: A Cheap And Simple Method For Financing Corporate Projects

    In 2022 Schoenherr advised on two green bonds for financing renewable energy projects in Bulgaria with foreign lenders structured as alternative investment funds who may not extend classic loans...
    BulgariaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Exchange Of Tax And Financial Information

    On 12 February 2016, Bulgaria ratified the Convention on Mutual Administrative Assistance in Tax Matters, as amended by the 2010 protocol, by way of Decree No. 21 published in the Official Gazette No. 14 of 19 February 2016.
    BulgariaTax
    Eurofast
    Eurofast
  • Article

    Advertising A Longer Guarantee Period? Even If Not Misleading, Still May Violate The Law

    A new Law for the provision of digital content and digital services and for the sale of goods (the "Law") entered into force on 1st January 2022 in Bulgaria.
    European UnionMedia, Telecoms, IT, Entertainment
    Global Advertising Lawyers Alliance (GALA)
    Global Advertising Lawyers Alliance (GALA)
  • Article

    CPC Activity During COVID-19 Crisis

    On 13 March 2020 the government declared a national state of emergency as a result of the ongoing COVID-19 crisis.
    BulgariaAntitrust/Competition Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Amendments In Business Trip Regulations In Bulgaria

    A few weeks ago, several amendments in the business trips regulations of employees in Bulgaria were promulgated and have been entered into force.
    BulgariaEmployment and HR
    Eurofast
    Eurofast
  • Article

    Pathways To Success: Strategies For Companies Tapping Into Bulgaria's Labor Market

    An increasing number of savvy companies are setting their sights on Bulgaria's vibrant labor market, attracted by the diverse opportunities for growth and investment the country has to offer.
    BulgariaEmployment and HR
    Eurofast
    Eurofast

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