Category: LEGAL REVIEWS

POA Lawyer Representation in Bulgaria During COVID-19 Pandemic

Representation by a local Bulgarian lawyer for various legal or other issues is becoming more popular and preferred option for foreign citizens who cannot enter Bulgaria as due to the Coronavirus pandemic travel to Bulgaria is subject to restrictions.   In order to prevent the spread of COVID-19, Bulgaria banned entry to its territory to […]

Enforcement of Foreign Judgments in Bulgaria and EU

The rules on the recognition, admission and enforcement of judgments, arbitral awards and acts within EU Member States are regulated by the Regulation on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (EU) 1215/2012 of 12.12.2012, currently in force. Bulgarian national legislation applies the same rules implemented in Art. 621 […]

Tax Returns and Reporting 2020 for Dormant Companies in Bulgaria

Until 2018 all Bulgarian companies were subject to annual reporting to three different state authorities, no matter whether they had any activity during the reporting period. Firstly, every tax year all companies had to file a corporate income tax return with Bulgarian National Revenue Agency even if there was no tax due. Secondly, they had […]

Data Protection Officer (DPO) in Bulgaria & GDPR Law Compliance

Personal data protection in Bulgaria and EU from 2018 is regulated by GDPR (General Data Protection Regulation) together with Bulgarian Personal Data Protection Act and the competent data protection authority (DPA) in Bulgaria is the Commission of Personal Data Protection. Bulgarian Data Protection Officers (DPO) can guarantee full law compliance and act as a contact […]

Bulgarian Company Formation & Doing Business In Bulgaria

Bulgarian company formation and doing business in Bulgaria have many financial and practical benefits. The real advantages start with the Bulgarian company setup procedure. First of all, the minimum required foundation capital is amounting to only 1 euro. Further on, company registration in Bulgaria is not expensive in comparison with other EU and even non-EU […]

Bulgarian Divorce Law & Procedure / Division of Assets in Bulgaria

Divorce law in Bulgaria and procedure of division of assets after an overseas divorce with a Bulgarian citizen are regulated by different applicable divorce laws such as Bulgarian Family Code, Bulgarian Civil Procedure Code, applicable EU Regulations and Private International Law Code. Appointing a Bulgarian divorce lawyer is recommended, even in divorces by mutual consent, […]

Bulgarian Citizenship By Investment 2020 Fast Track Options

Bulgarian Citizenship by Investment Program continues its operation in 2020 and is still among the few in European Union offering fast track-citizenship. New applications are welcomed and decrees are issued regardless of widespread rumours that the program will stop. In confirmation to the above, we are happy to announce that two of our clients had […]

Lease & Rental Agreements in Bulgaria – Tenant Or Commercial Lease

The lease agreement (popular in Bulgaria also as rental contract) is one of the most common types of contracts. This is a legally binding document which involves obligations for both parties that enter it. The landlord (or the lessor) engages to grant to the tenant (or the lessee) the right to use the property for […]

Bulgarian Residence Permit – Long Term or Permanent Residency in Bulgaria

Bulgarian residence permit applicants (for long term or permanent stay card) should take into consideration some important amendments to Bulgarian immigration laws and specifically the Foreigners in the Republic of Bulgaria Act and Regulations for Implementation of the Foreigners in the Republic of Bulgaria Act adopted in 2017. According to expert Bulgarian immigration lawyers some […]

Bulgarian Visa D & Residency by Property Purchase for Retired Persons

Bulgarian residency program includes more than 20 legal grounds for obtaining a long stay permit or permanent residency by foreign citizens. One of the most preferred is the purchase of a real estate property in Bulgaria. Obtaining a long stay permit by property purchase is available for two types of applicants – retired and non-retired. […]

Bulgarian Residency By Investment

Bulgarian residency by investment can be obtained under the provisions of the Foreigners in the Republic of Bulgaria Act. This is quite a popular option which allows non-EU citizens to ‘buy’ Bulgarian residence permit or even citizenship by investing in the economy of the country. The legislation offers various opportunities depending on the size and […]

British Property Owners Issues In Bulgaria After Brexit

One of the most popular enquiries after Brexit is how expats and people who own property in Bulgaria will be affected. There are approximately 1.3 million Britons living in Europe many of which chose Bulgaria for their second home or just bought a holiday home in Bulgarian resorts. Around 7000 British nationals reside permanently in […]

EU Self-Employed Freelancers Pay Lowest Taxes In Bulgaria

Freelancers all across Europe are looking for national tax regimes where they can pay lowest personal income taxes. Some have heard that Bulgaria is the right place in EU for this purpose. And they have heard right.   The good news is that Bulgaria offers the absolutely lowest personal income tax in the whole EU […]

Personal Injury, Insurance And Other Compensation Claims In Bulgaria

Bulgarian compensation lawyers specializing in Personal Injury and Insurance Law are representatives of individuals or companies with respect to different types of accidents (auto car accidents, defective products, medical malpractice and errors, wrongful death etc.) and insurance events that have taken place on the territory of Bulgaria and in some cases – abroad. They are […]

Liquidation Of Bulgarian Companies

The Bulgarian company liquidation procedure described below covers the procedure for liquidation of companies which were not duly re-registered within the legal deadlines. For liquidation of an active company, please feel free to contact us directly and we will advise the necessary steps depending on your company status.    On the last day of December […]

2011 Bulgarian Condominium Act Amendments

The last changes in the Law on the Condominium Ownership Management made on 26/07/2011 have the purpose to achieve better understanding and more non-discrepant enforcing of the law. Some of the procedures have been made simpler; there are some new rulings included.   Here is a list of the most important changes:   1. The […]

EU Blue Card For Highly Qualified Workers In Bulgaria

The permit for stay and work in Bulgaria type EU Blue Card could be obtained by a foreigner who is a highly qualified worker – a person who has qualification for the respective work: a college or university degree, which is proved by a diploma, certificate or another document issued by a competent body after […]

Bulgarian Legal System – Civil Courts Hierarchy

In Bulgarian civil court system hierarchy there are 3 levels:   The general rule is set by Art.103 of the new Bulgarian Civil Procedure Code which states that all civil cases, except for those within the jurisdiction of the district court as a first instance, shall be under the jurisdiction of the regional court. The […]

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