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Bulgaria has faced five parliamentary elections over the last two years resulting in an almost constant state of political uncertainty since March 2021.
Schoenherr Attorneys at Law
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...
Schoenherr Attorneys at Law
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.
Schoenherr Attorneys at Law
Recently financial institutions are increasingly interested in obtaining opinions on the enforceability of repurchase transactions and securities lending transactions with Bulgarian counterparties.
Ernst & Young Law Partnership
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...
Kinstellar
Today's uncertainties at the European Union's eastern border have left companies questioning the safety of their people and the continuity of their operations in that part of the world.
Ernst & Young Law Partnership
Seeking to simplify their corporate structure and transform their operations between companies incorporated in different jurisdictions, clients with complex international corporate structures are increasingly taking the opportunity to transform their companies through cross-border mergers.
Schoenherr Attorneys at Law
After Decree No 318 of 7 October 2022 adopting the Ordinance on the conditions and procedure for issuing, extending and revoking a certificate for a high-tech and/or innovative...
Kinstellar
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...
Ernst & Young Law Partnership
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...
Eurofast
It is common practice that after registering a new company, the company does not start trading activities immediately. Another mass case is existing companies, due to subjective or objective reasons...
Kinstellar
Bulgarian law requires that the directors of Bulgarian joint-stock companies perform their functions as directors by adhering to the "duty of care" standard of a prudent businessperson and always...
Kinstellar
Today's uncertainties at the European Union's eastern border have left companies questioning the safety of their people and the continuity of their operations in that part of the world.
Eurofast
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...
Eurofast
The new Measures against Money Laundering Act (the "MAMLA") promulgated in the State Gazette, issue 27, dated 27 March 2018, and entered into force on 31 March 2018
Schoenherr Attorneys at Law
The management may declare before the Commercial Register that the company has been inactive.
Schoenherr Attorneys at Law
From 1 January 2020, the Bulgarian Commission for the Protection of Competition (the "CPC") has been applying new merger filing guidelines (the "Guidelines").
Kinstellar
The Bulgarian Supreme Court of Cassation ("Supreme Court") has recently issued a decision (No.19, dated 8 August 2019, under commercial case No. 2511/2017) that recognises for the first time the concept of right of first...
Eurofast
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.
Kinstellar
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...
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