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  • Article

    Investigation Announced Into Real Estate Deal Suspected Of Breaching Russian Sanctions

    Bulgaria's Ministry of Justice has launched an investigation into controversial real estate transactions involving Russian state properties in Sofia.
    BulgariaInternational Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Bulgaria To Relaunch Concession On Plovdiv Airport Over Lack Of Bidders

    The Bulgarian government will launch a new procedure to grant a concession on the airport of Plovdiv, Bulgaria's second-largest city.
    BulgariaTransport
    Borissov & Partners
    Borissov & Partners
  • Article

    Bulgaria Bolsters Security: New FDI Screening In Effect

    Bulgaria recently took a step to safeguard its national security and public order. In March 2024, the country implemented a foreign direct investment (FDI) screening mechanism...
    BulgariaGovernment, Public Sector
    Eurofast
    Eurofast
  • Article

    Bulgaria Soon To Adopt An FDI Screening Regime

    Bulgaria is among a minority of EU countries that have not yet adopted a foreign direct investment (FDI) screening regime.
    BulgariaGovernment, Public Sector
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Proposed Changes To The Promotion Of Investments

    Measures have been proposed to improve the promotion of domestic and foreign investments in line with EU law.
    BulgariaGovernment, Public Sector
    CMS Cameron McKenna Nabarro Olswang
    CMS Cameron McKenna Nabarro Olswang
  • Article

    Bulgaria Closes The Gap: New FDI Screening Regime Enters Into Force

    As reported, last month the Bulgarian parliament adopted the final text of a bill to amend the Investment Promotion Act, implementing...
    BulgariaGovernment, Public Sector
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Bulgarian Parliament Adopts FDI Screening Regime

    Note: The following is based on the final text of the bill on the amendment of the Investment Promotion Act as at the publication date and is subject to amendment pending the finalisation of the act.
    European UnionGovernment, Public Sector
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Residency & Citizenship In Bulgaria

    Holders of valid ordinary passports from certain countries do not need a visa to visit Bulgaria for up to 90 days within each period of six months.
    BulgariaImmigration
    Eurofast
    Eurofast
  • Article

    Get Ready For The New Foreign Direct Investment Screening Regime In Bulgaria

    A foreign direct investment screening mechanism entered into force in Bulgaria on 12 March 2024. The mechanism applies Regulation (EU) 2019/452, establishing a framework...
    BulgariaGovernment, Public Sector
    Kinstellar
    Kinstellar
  • Article

    Bulgaria's Progress In FDI Screening Implementation: A New Piece In The Regulatory Puzzle

    Bulgaria aims to finalise the full implementation of its foreign direct investment ("FDI") screening regime in early 2025. On 29 January 2025, the Council of Ministers approved the Rules on the Organisation...
    BulgariaGovernment, Public Sector
    Kinstellar
    Kinstellar
  • Article

    Bulgaria's FDI Screening Regime In Effect

    July 2025 – An important regulatory development concerning foreign direct investments ("FDI") in Bulgaria is now in place. As of 22 July 2025, the Bulgarian FDI regime became fully applicable.
    BulgariaGovernment, Public Sector
    Kinstellar
    Kinstellar
  • Article

    The EU Strategy For Cooperation In The Indo-Pacific Revisited: A Transformative Opportunity For Bulgarian Business Companies

    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.
    European UnionStrategy
    Boyanov & Co.
    Boyanov & Co.
  • Article

    Corporate And M&A: Key Bulgarian Legal Developments

    Over the past months, Bulgaria has adopted and implemented several important legislative changes affecting foreign investment screening, merger control, corporate reorganisations, and company transparency.
    BulgariaCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    The International Comparative Legal Guide To: Mergers & Acquisitions 2012 - Bulgaria

    The mergers (incl. takeovers) and de-mergers (spin-offs and splits) as well as the share transfers and business (going concern) transfers are regulated on a general level by the Commerce Act.
    BulgariaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)

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