Business transactions in Bulgaria
The legal contracts and transactions form the foundation of business contracts and business transactions should include descrption of rights, obligations of the parties. Business transactions in Bulgaria
Whether you have a small business or a large business, the payment of litigation costs are high.
We offer you legal services conducted by our experienced lawyers.
In our offices, we have a handpicked network of local lawyers, who will help you with any kind of legal issues
What we offer you, by doing a business transactions in Bulgaria ?
We provides a wide range of legal services to support your business.
We offer a day-to-day legal support, as well as legal consulting services in complicated nonstandard situations.
Our law office represents the interests of its clients at closings of transactions, dispute resolutions. We are offering a and other legal issues between private entities and with public institutions.
Therefore, when drafting a contract or business transaction a lawyer should always keep in mind what may happen in the future.
We have experience in litigating contract disputes at our law office in Sofia, Bulgaria.
How to structure the business transactions in Bulgaria ?
We have found that our business litigation practice enables us to spot many holes in a contract that could form the basis of a lawsuit should a dispute arise.
Therefore, we spend a good amount of time drafting business contracts and business transactions to avoid potential downstream litigation.
What is the most important issue by business transaction in Bulgaria ?
We have seen contracts written by others wherein the remedies made available in the contract were unenforceable.
For that reason, when drafting a transaction or business contract, we make every effort that should a breach of contract occur, our clients have the necessary contractual rights to recover all of their damages.
When drafting contracts for a new or existing business, it is necessary to predict future situations your business may encounter.
Quality business contracts take into consideration a multitude of factors that may not be obvious to you
Whether you are opening and established business, you should seek the advice of a trained business transactions attorney
This will help you protect your rights and your business.
How Do I Start A Business?
You have an idea for a business, but you are unsure how to start the business. Some entrepreneurs rent a building and open their doors to the public without much thought or preparation. Other individuals may create a website to sell products or services online. However, other entrepreneurs may seek the advice of an attorney to develop a business plan, choose a business entity, review assets, andincome, determine if a patent or trademark is required, and resolve countless other business-related issues.
Do I need an lawyer to draft the Business transactions documents ?
It may be tempting to use a DIY business contract or an online document preparation service. However, there are at least four reasons why you should hire an attorney to draft your business contracts. You want to ensure that the contract is valid and enforceable. If you need to litigate the terms of the contract, discovering the contract is invalid in court can result in substantial losses. On the other hand, you also want to ensurethat you are not entering intoa contract with terms that would be harmful if you are bound to those terms. Customizing a contract template may appear easy. However, if you delete the wrong term or leave a term in the contract that should be deleted, you could have unintentional legal consequences. Lastly, you may not be protecting your best interests if you do not utilize the experience and legal knowledge of a business transaction attorney when drafting business contracts.
Does my Business transactions need a contracts?
In almost all cases, a business needs to use contracts for various transactions and relationships. You will likely have contracts for rent or lease payments, suppliers, vendors, employees, contractors, real property, building contractors, service contracts, etc. it can be difficult to understand all laws related to contracts. However, it is important to feel confident that your contracts protect your best interests while providing you lucrative returns.
Should I talk to a lawyer after I launched the business transactions ?
It is better to consult with a business attorney before you launch your business. Your lawyer can provide valuable legal advice, support, and guidance as you take steps to structure and protect your business so that when you open your doors, you are confident you can make this business profitable for years to come. However, if you began your business without consulting with an experienced business attorney, it is never too late to seek competent legal advice.
What are the important steps of business litigation in Bulgaria?
The Bulgarian Civil Procedure Code setlle the nessesery legal steps of business litigation cases are filing a petition with the relevant court desicions, summoning the defendant or third parties, the examination of the claim and attached evidences, court hearing the case and the final ruling.
Which are the main requirements for foreign investors in Bulgaria
Every foreign investor could start easy a business in Bulgaria by opening a company in Bulgaria. They can register limited companies in Bulgaria like any other place. There should be clared the sit and address of the company, the manager and size of the capital and the scope of business and commercial activities in Bulgaria. The minimum share capital to open a limited liability company in Bulgaria is 1 Euro.