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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.

It is being reported that the National Investigation Service of Bulgaria has conducted multiple raids in Sofia and elsewhere...

Following the adoption of the euro as Bulgaria's official currency with effect from 1 January 2026, all Bulgarian companies are required to amend their current articles of association to redenominate their share capital from Bulgarian leva (BGN) into euro.

The reporting requirements on company mergers and demergers have been relaxed with effect from 31 December 2010.

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...

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...

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...

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...

On 13 March 2020 the government declared a national state of emergency as a result of the ongoing COVID-19 crisis.

The management may declare before the Commercial Register that the company has been inactive.

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

Recently, the media in Bulgaria has trumpeted a new business crime - the theft of a company. In 2014, there were a number of reported cases in which companies were stolen, e.g. their ownership was changed or a new managing director was appointed by a thief without the knowledge of the actual owner, nor of the company’s management body.

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.

The criticism of ESG is well known. After all, businesses exist to make money within the limits of the law, not to promote social values.

Companies now have until 31 December 2011 to re-register with the new Bulgarian Commercial Registry.

A partnership limited by shares is established by a contract and shares issued for the contributions of limited liability partners.

Bulgaria is a destination of contradictions and of all combinations.