Are you one of the many heirs looking to claim your rightful inheritance in Bulgaria? Have you heard about the European inheritance certificate but have no idea how to obtain one? Look no further, as we delve into the details of this important document and how it can help simplify the often complex process […]
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Are you a business owner in Bulgaria facing financial difficulties and considering liquidation proceedings? It can be a daunting and complex process, but with the right knowledge and guidance, you can navigate through it successfully. In this article, we will break down the key steps and requirements of liquidation proceedings in Bulgaria to help […] Who can qualify for a EU Blue Card? The EU Blue Card is an option provided to highly qualified professionals, to work and reside legally on the territory of the European Union. The procedure provides access to the labor market in the Republic of Bulgaria with the “Blue Card of the European Union” to professionals – citizens of […] The new “train” for business With the latest ammendments and Supplements to the Commercial Code, published in the “State Gazette”, no. 66 of 01.08.2023, Bulgarian commercial law was enriched with a new type of commercial company – a company with variable capital. It is the latest type of company. The new regulation, which has […] Money are due on the acquisition of certain property (goods) or against the right to the enjoyment. With the amount of money most frequently are payed the development of a chattel or provided service. Salary (remuneration) also gets money. In currency debt “convert” and outstanding non-cash liabilities when seeking their realization through court. Damages from […] After 8 – hours of electing procedure for Chairman of the Supreme Court of Cassation (SCC) and in less than two minutes vote, the Supreme Judicial Council failed to make a successful choice early today. Nominations for Chairman of the SCC of Bulgaria Supporting Judge Tanya Raykovska voted 15 members, six were “against”, […] Possible business formations is a matter regulated under Bulgarian Commercial Act. There are situated the rules with regards of incorporation, management, relation between shareholders and managers, insolvency, bankruptcy, liability and so on. Issues not addressed in the Commercial Act are redirected to the general civil legislation of the Republic of Bulgaria. Starting a business in […] Directive 2011/7/EU of the European Parliament and of the Council of 16 February 2011 on combating late payment in commercial transactions (recast) (Text with EEA relevance) THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Article 114 thereof, Having […] Of course and in Bulgaria on overdue payments may be charged interest rate. How can we determine these rates? Is there a formula? Statutory interest is due when the debtor is in default. Bulgarian law determines when the debtor has fallen into default. It is different for the various types of commitments. When the day […] Coat of arms of Republic of Bulgaria
This matter is regulated by the Bulgarian Citizenship Act as the law defines the terms and conditions for the acquisition, loss and restoration of Bulgarian citizenship. Bulgarian citizenship shall be governed also by the Constitution of the Republic of Bulgaria by law and by international treaties […] |
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