Bulgarian companies and NGOs shall announce an AML contact person in the Commercial Register and the NGOs register Nov02

Bulgarian companies and NGOs shall announce an AML contact person in the Commercial Register and the NGOs register

All business entities and NGOs incorporated within the territory of the Republic of Bulgaria shall have an AML contact person. As per  the companies and NGOs are obliged to obtain, hold and provide an accurate information on the natural persons who are the beneficial owners thereof. The information about the natural persons wh...

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Brexit is coming! Requirements for UK nationals in Bulgaria during the transition period until 31 December 2020 Nov23

Brexit is coming! Requirements for UK nationals in Bulgaria during the transition period until 31 December 2020

The Withdrawal Agreement envisages a transition period until 31 December 2020 after Brexit during which the UK nationals in Bulgaria and their family members must take some actions to continue their legal stay in the country. If you are a UK citizen or the family member of a UK national a...

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Trademark registration in Bulgaria Dec14

Trademark registration in Bulgaria

Both Bulgarian citizens and legal entities, as well as foreign ones, may apply for a trademark registration in Bulgaria. Registering a trade mark is a way to build and defend your brand. When using the trade mark, the proprietor may indicate the registration of the said mark by placing the registered trademark symbol ...

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What is the Apostille Stamp? Why do you need it? How to get it? Feb03

What is the Apostille Stamp? Why do you need it? How to get it?

Often you may hear from your lawyer to say that a document needs an Apostille stamp. The apostille proves that public document is authentic. The apostille certificate confirms the signature, seal or stamp on a public document to be genui...

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Leaving a limited liability company in Bulgaria Mar05

Leaving a limited liability company in Bulgaria

Leaving a limited liability company by giving written notice of withdrawal is one of the ways of termination of membership in Bulgaria. It is most often used when the partner cannot sell his shares to the other partners or to a third party. ...

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Termination of employment contract in Bulgaria Apr06

Termination of employment contract in Bulgaria

The most common reasons for termination of employment contract in Bulgaria are the resignation, staff reduction, mutual agreement, lacks of capacity for efficient working performance, etc. The Bulgarian Labour Code entitles both the employer and employee...

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Buying a car in Bulgaria May07

Buying a car in Bulgaria

Due to the lower taxes on vehicles a lot of foreigners buy and/or register a car in Bulgaria. When buying a car in Bulgaria, foreigners who reside permanently in the country may choose between two options: ...

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