The Corporate Sustainability Reporting Directive, Directive (EU) 2022/2464 (CSRD) is part of the European Union's efforts to enhance the scope and quality of sustainability reporting among companies.

Over the past few years, the CEE region has been the focus of vibrant M&A activity in the technology sector. Bulgaria is no exception, with a number of acquisitions completed...

According to the fundamental principles embodies in the Constitution, Bulgaria is a republic with parliamentary governing system. It is a unitary (centralised) state with local selfgoverning authorities whereas no autonomous territorial formations exist. The principle of supremacy of law is flagged out as a cornerstone of Bulgaria's new constitutional regime. This principle is further supplemented by the rule that the provisions of the Constitution have direct applicability.

May 2025 – On 4 April 2025, the European Commission issued its long-awaited decision regarding the e&/PPF case, following an in-depth Phase II investigation that ultimately led to the adoption...

A new Bulgarian Trade Registry Act (the Act) was enacted on 1 January 2008.

Bulgaria has faced five parliamentary elections over the last two years resulting in an almost constant state of political uncertainty since March 2021.

In recent years, the terms "sustainability" and "ESG" have been steadily making their way into the professionally oriented media. But what do they mean and why do they have particular implications...

Starting January 1, 2026, Bulgaria will officially adopt the euro, replacing the Bulgarian lev (BGN) as its national currency.

The capital increase by an in-kind contribution is a comprehensively regulated and regularly used legal method by which receivables, real estate ownership rights, limited property rights...

October 2025 – On 23 October 2025, Bulgaria adopted changes to its Competition Protection Act, introducing below-threshold merger filings.

The European Union's Strategy for Cooperation in the Indo-Pacific, launched in October 2021, marked a significant shift in the EU's foreign policy.

The Constitution introduces two general principles that directly impact the legal environment for international investments in Bulgaria and guarantee that investors are treated in a nondiscriminatory way: the principle of equal treatment of foreign and local investors and the principle of priority of international treaties over domestic legislation.

Over the last few weeks, world leaders have likened the fight against COVID-19 to a war. Urgent measures are required to protect health and lives, justifying a wide range of economic measures,...

Congratulations, you have chosen a very perspective country to invest in; one with a stable economy in the last few years, an easy procedure for company registration and a transparent tax system with a short list of taxes and social security obligations.

The real estate regime in Bulgaria is governed by the Law on Ownership, the Law on State Ownership and the Regulation on the implementation thereof, the Law on Municipal Ownership and the Regulation on the implementation thereof, the Law on Ownership and Use of Agricultural Land and the Regulation on the implementation thereof as well as by the Law on Cadastre and Real Estate Registry and the Ordinance on Entries.

As of July 2017, there has been a pre-insolvency restructuring regime[1] for corporate entities in Bulgaria who are in a state of "likelihood of insolvency", but not actually insolvent...

Bulgarian law recognises both national and international protection and enforceability of industrial property (including patents, trademarks, service marks, geographical indications, industrial design), copyright and other related rights.

Kinstellar routinely monitors developments in finance, commercial, and contract law and in key regulatory areas relevant for financial institutions in Bulgaria...

This article discusses the options for requesting attachment of goods as a security for the enforcement of the court award to be issued in the litigation procedure and as a material evidence in the litigation procedure, as well as the possibilities for appealing the court rulings issued in relation to the requested attachments.

The EU Corporate Sustainability Reporting Directive (EU) 2022/2464 (the "CSRD") entered into force on 5 January 2023. From that date, the transposition clock has been ticking...