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Register a limited company in Bulgaria

Set a limited company in Bulgaria is a company formed by a contract between two or more persons to carry out business under a common firm.Register a limited company in Bulgaria

This is the situation, when one or more of the partners are jointly and fully liable for the obligations of the company, and the rest are only responsible to the extent of the payment agreed. Register a limited company in Bulgaria

Тhe name of at least one full liability partner and should be of a national exclusivity.

The contract for the establishment of a limited partnership shall be made in writing with the notarized signatures of all members and must contain the requisites set out in the provisions of Article 102 of the Commercial Law.

Requirements for set up of Limited company in Bulgaria?

The establishment of a limited partnership does not require any initial capital.The entry of a LP in the Commercial Register is based on an application form. It can be requested by any of the full liability partners or by a lawyer with an explicit written power of attorney.

The limited partnership has got two categories of members – full liability and limited liability partners. The management and representation of the company supposed to be made by the full liability partners. Register a limited company in Bulgaria

The full liability partners do not make any financial or material contributions to the company.

On the other side, limited liability partners are required to make a financial or material contribution in the company but they have no right to manage.

The limited partnership is the second form of partnerships regulated in the Bulgarian Commercial Act. It differs from the general one in respect of the partners’ participation.

There are two different types of partners to the limited partnerships – ones that bear unlimited liability (general partners) and ones that are only limitedly liable (limited partners).

According to the Commercial Act, the limited partnership consists of at least one general and one limited partner.

The partnership is founded on the basis of a partnership contract.

The trade name of the formation must contain the name of at least one of the limited partners.

According to Article 101 (2) of the Commercial Act, a limited partner is deemed to bear unlimited liability, if his/her name is included in the trade name of a limited partnership.

The internal relationship between the limited partners is similar to the relationship between the partners of the general partnership, except for the rights and obligations.

The general partners are obligated to deposit a contribution.

This contribution determines their share in the future profits and their liquidations quatas. Also, limited partners are subject to the obligation of loyalty – without the consent of the other partners, one partner may not have got a rival commercial activity.

With regards to the external relationships of the company, the limited partners do not have got an important role.

Mainly, they do not participate in the management unless they are expressly nominated to.

According to Article 112 of the Commercial Act, limited partners bear unlimited liability for legal transactions that have been conducted in the name of the partnership before or after its foundation, whenever the creditor did not know that he was contracting with a limited partner.

Otherwise, limited partners bear liability toward the partnership’s creditors to the extent of the contribution made, even if it has not been paid completely.

This provision also applies regarding losses of the partnership. In General partners bear personal, unlimited, joint and several liability.

April 1, 2017/by lawyer

Legal advices

Challenging a Will Lawsuit

If you think your interests are injured with the will, left by your testator, seek help from a hereditary cases lawyer. He will initiate a challenging a will lawsuit.

There are null and void grounds for filing a challenging a will lawsuit. Null grounds have no legal effect while void grounds have legal effect, but it can be suspended. For this purpose, it is necessary judging the relevant claim or objection. To be filed challenging a will lawsuit it is necessary not to have expired 10-year duration of opening of succession. In addition: not to have passed more than 10 years since the death of the testator. The period between learning the reason for filing a challenging a will lawsuit and starting the procedure should be maximum 3 years.

The first ground of nullity is governed by Art. 43, para. 1 b. A the Law of Succession. It is related to testamentary capacity. In order for a person to draw a valid will, it should be major and be able to act wisely and handle his actions. This is Decision № 244-1979-I, 83-2004-II GO SCC.

People who are under full guardianship do not have testamentary capacity. A controversial issue is the ability to bequeath of such person. According to some of the opinions, a person placed under partial guardianship can not be legally able to prepare a will. Case law, however, takes the opposite view. It is assuming a decisive factor specific factual possibility of reasonable actions of the person rather than the legal limit of capacity. For this reason, in a challenging a will lawsuit a person’s legal capacity to bequeath shall be assessed to the date of the will. It doesn’t matter the legal capacity of a person before making a will.

The Secon Ground

Challenging a Will Lawsuit

of nullity of a will is governed by art. 43, para. 1 b. “B” Law of Succession. According to it the mistake, which is a discrepancy between the external objectification and the actual inner will of the testator, is a ground for dispute. Mistake can refer both to the person – successor, and the subject of inheritance. The mistake in the name of the successor does not vitiate the will. The contents must have enough data to customize the person (decision № 284-2000-I GO SCC). It is possible that there is a mistake of the motive for the preparation of the will and it is displayed as an independent ground for filing a challenging a will lawsuit.

It is envisaged that the motive is expressed in the very will and it is crucial, namely that it is the only reason for creating a testamentary disposition.

The following grounds for nullity of a will are “fraud and violence”. They are regulated in Art. 43, para. 2 Law of Succession. Violence can be expressed in physically or as a threat of force. If violence is in a form of a threat, it should create a well-founded fear in the testator, who is preparing a will.

In a challenging a will lawsuit the original claim may be filed to seek annulment. Without the need of changing the claim, it can be proclaimed the nullity of the will. To perform testamentary dispositions court can make a judgment, based solely on the will, submitted as evidence in the case.

Grounds for nullity of a will include:

procedural defect of the will – lack of full date and / or signature of the testator, the will is not written manuscript by the testator and is printed on a typewriter, computer or laptop
the motive of the will is contrary to law and morality
the will is on a contrary to the gratuitous nature of this type of document

Due to the variety of reasons that can lead to vice – grounds for filing a challenging a will lawsuit it is a good idea to seek help from a hereditary cases lawyer before you prepare this important document.

November 4, 2016/by lawyer

Legal advices

Sale of Shares of Common Property

If you are a co-owner of hereditary property and wish to sell your ideal part of it, but you do not want to offer the other co-owner / co-owners, as prescribed in law, then consult an experienced real estate lawyer. We work with excellent real estate lawyers, the best in this area. They know how to solve your problem without circumvent the law.

Sale of Shares of Common Property

Our experienced real estate lawyer will tell you that according to art. 33 of the Property Act, if you are a co-owner of a property and want to sell your share of it, you must first offer the share of the property to another co-owner or co-owners, if they are several. Only when each of them refuses to redeem your shares, you may sign a purchase contract – the sale of shares of common property of a third party.

Unfortunately, in many cases co-owners of an inherited property, for example, are not in good relationships with each other. Moreover – they often do not even speak to one another. The presence of a deep rift in their relationship is the reason the co-owner who has decided to sell his shares, seeks to avoid direct contact with the other co-owner or co-owners. Sometimes the owners of real property are too many and do not even know each other. This is a common problem in inheritance of property – land. This situation occurs too frequently, but most of our customers do not know that it can be overcome. So if there are any any pressure points associated with the sale of shares of common property or preparation of documents for the sale of the property, contact our experienced specialist. Now you have the exclusive opportunity to receive free online consultation through our website. You can connect with an experienced real estate lawyer if you use the contact form on our website, the e-mail or phone number.

Why to choose us?

International law firm “D. Vladimirov and partners” has extensive experience in the sale of shares of common property. Our team of experienced real estate lawyers, completely dedicated to their work, knows the ins and outs that will get you out of this delicate situation. Here you will meet with an effective and lawful method that will accomplish your goal without circumvent the law.

Although the provisions of Article 33 of the Property Act is adamant there is a legal way to prevent offering your share of the property of other co-owners. Here it is: You, as an owner, if you want to make a sale of shares of common property of a third party must first transfer by donating a part of your share to the third party. If you own a ½ share of the property, it can be transferred by donation ¼ of your ½ share of the third party. Subsequently, you will sell the rest of your share to the same third party. This third party entitled gifted ideal part of the property is also provided in the position of a co-owner. Through this quirk you will comply with Article 33 of the Property Act and still sell your property to the person you wanted.

Such action is undoubtedly lawful and does not constitute circumvention. It is a widely used tool for solving problems related to co-ownership of real estate, where the co-owners are not able or willing to voluntarily resolve disputes of that nature.

If you want to get a quick free consultation from a professional, contact us by phone 02/858 10 25 or email info@lawyer-bulgaria.bg. We are available to answer your questions and give you the right advice on how to proceed in this situation. Before contacting us, please read the general terms and conditions that you can find in our website. We are available 24 hours a day.

November 4, 2016/by lawyer

Legal advices

Hereditary Cases Lawyer – Declaring a Will

The will as a specific type of document represents one-sided deal which can be created in two ways. It can be a notarized will, drawn up by a notary or a holographic will, written by the testator. Before you draw a holographic will consult with a hereditary cases lawyer, who will explain to you the specifics that you need to know when you decided to bequeath your property.

Hereditary Cases Lawyer

The first essential characteristic of a holographic will is that it is considered to be a personal gratuitous act which has legal consequences after the death of the testator. Till that moment the testator is entitled to change his holographic will several times. In order to be a will valid, it must contain within itself the exact date of preparation, the subject of will and must specify the subject who will inherit the property. When you have prepared several wills the only valid will is considered to be the one with the latest date.

When the testator has died the will should be declared and registered. To generate these legal consequences the successor, in whose favor the testamentary disposition is made, has to know about its existence. Before the death of the testator the main characteristic of the will is its confidence. In contrast, to produce legal effects after the death of the testator, there must be made several procedural actions that in no way can be characterized as confidential.

As any good hereditary cases lawyer will explain to you, after you have prepared your will, you should tell the person that you have specified as your successor in will for its existence. After the death of the testator the successor should be able to identify where the will is and to whom is entrusted for safekeeping.

What coming next?

The holographic will is known as a secret will because it is an expression solely upon the free will of the testator. His will should not be vitiated by side effects, suggestions to third parties or pressure – mental or physical.

After a consultation with a hereditary cases lawyer, you will find that in the Inheritance act contains a specific provision of art. 27 para. 1, according to which the person who keeps a holographic will is obliged to request its disclosure by a notary immediately after learning of the death of the testator. Note that this statutory provision is not connected to any special sanction that derives directly from the possible omission of the person who keeps personally holographic will. It is difficult to be proved the exact moment of learning about the death of the testator, which means that to be established beyond doubt that fact will need a full mainly proof.

Your hereditary cases lawyer will explain that any person who appears to be interested in the announcement of the will, can ask the district judge for the place where the heritage was found, to determine a specified timeline for submission of the will in order for it to be announced by the notary.

If the will is left for storage to the notary, he executes its announcement – pursuant to Art. 27 para. 4 of the Inheritance Act.

Most people can not understand what is the definition of “place of opening the inheritance.” As your hereditary cases lawyer would explain to you it is “the last residence of the testator.” The last residence of the testator may be specified as his permanent residence and permanent address in Bulgaria before his death.

The quality “interested person” is not easy to be proved. If the ” interested person ” is the successor in law of the testator, it is enough for him to submit an abstract of the death of the testator. But in most cases the person is not from the circle of heirs at law of the testator. Then the only direct evidence of his quality ” interested person ” is itself the holographic will. Your hereditary cases lawyer will tell you that the presentation of an abstract of the death certificate of the testator sets only the likeliness of the deceased to has drawn holographic will in favor of the plaintiff. The “interested person” shall indicate the person who keeps the holographic will.

November 4, 2016/by lawyer

Legal advices, Uncategorized

Liquidation Lawyers in Bulgaria

Liquidation lawyers in Bulgaria

We would like to speak about liquidation lawyers. Closing a Bulgarian trade company is not easy to be done.

Especially if this company has got any trade activity or assets in Bulgaria. Our company and liquidation lawyers in Bulgaria call this ”liquidation of the company”.

The entire procedure should be approved by Bulgarian court, according to Bulgarian Trade Law.

This act regulates the requirements for performing the closing and liquidation of trade & legal companies in Bulgaria.

Our company and liquidation lawyers provide the information and consultancy necessary by giving advices for dissolving and liquidation of legal companies in Bulgaria.

The preparation of the documents for liquidation procedures starts with the submitting an application for certificate of company liquidation in Bulgarian Tax Authority. We work with many foreign companies in Bulgaria.

Our company and liquidation lawyers will submit an application for issuance of written certificate in the Bulgarian Trade Register. And this – together with the decision of the management body of the company concerning the liquidation matter.

We prepare all the documents needed for election of the official liquidator. In addition, we pay attention to the deadlines of the entire liquidation time of your company.

The elected liquidator has to complete all started deals and legal transactions with the company trade partners. He/she ought to cover all the outstanding debts of the company to its creditors. Usually, the liquidator represents the company in liquidation in advance.

Our legal team in Bulgaria

do completion of the employees’ labor contracts in the company, complete all rest contracts, and so on.

All the payments must be covered, too. The lawyers has to submit an annual finance report to Bulgarian commercial register.

We would like to inform you about some important tasks. First of all, we have to send invitations to all the creditors of the company, and to submit the invitation through our company and liquidation lawyers in Bulgarian Commercial Register.

The creditors have about six months’ time to prepare and submit legal claims in the Bulgarian courts against the company before the company gets completely liquidated.

We are acting as a company and liquidation lawyers in Bulgaria. We are making a legal check every week for our clients in order to avoid any surprises.

That is the main reason why we keep a close contacts to all our clients.

We keep them informed about submitting the legal claims and start the litigation procedures of claiming the assets of the debtor’s company in liquidation.

When the trial period of invitation to the creditors of the company expires, the company will be erased from the Bulgarian Commercial Register.

Finally

We can offer you accountancy services provided by qualified & certified accountants.

In addition, we suggest you preparing the necessary accounting documents for the company liquidation in Bulgaria.

Every single case has got its legal specifics. If you need some assistance, call us now on + 359 897 90 43 91

August 14, 2016/by lawyer

Legal advices, News, Personal

Car Accident Lawyer in Bulgaria

Car accident lawyer Bulgaria

The summer is a time, when many people need some help as car accident lawyer Bulgaria.

While driving in Bulgaria, it is possible to occur some traffic accidents or crashes on Bulgarian roads. At that moment you definitely need a qualified insurance lawyer or car accident lawyer in Bulgaria.

We will advise you how to find out Bulgarian insurance lawyer who will fix all of your problems.

Our insurance lawyers in Bulgaria will support every single case, on car traffic accidents can be both physically and emotionally distressing experiences.

Contact authorities and your lawyer

In Bulgaria, a country known for its scenic beauty and historical landmarks, it’s crucial to be well-informed about the steps to take.

This guide aims to provide you with valuable information and insights on navigating car traffic accidents in Bulgaria, ensuring your safety and minimizing the associated legal and financial burdens.

We are specialized in solving insurance and car accident cases.

By contacting the insurance companies for getting sufficient insurance compensation in Bulgaria and abroad.

There are some stickers on the front glass of every car which shows you one main thing

You need to have a valid insurance for damages on the third party.

If you need to check up how to get compensation for the crashes in Bulgaria, you need to hire professional experienced lawyer.

2. Prepare and show him/her all the necessary documents.

Then explains the police office the entire situation and location of the accident on the road.

Insurance lawyer – what else?

3. Notify the Bulgarian authorities:

In Bulgaria, it’s mandatory to report any accident resulting in personal injury, vehicle damage, or significant property damage to the nearest police station.

Make sure to provide accurate and detailed information about the incident to your lawyer while filing a police report.

4. Notify your insurance lawyer promptly.

Provide the insurer with all the necessary documentation in a case of car accident lawyer Bulgaria, such as

A/The police report,

B/medical records (if applicable), and

C/ Pictures & photos of the accident scene.

Every experienced insurance lawyer will inform you that insurance compensation procedure in the case of a car accident depends on:

the accident,
damages,
documents,
driver fault(s),
weather conditions and so on.

If a car accident happened in Bulgaria, you should fill in an accident protocol.

All drivers in Bulgaria must own one.

The protocol of crash need to consist the most important circumstances, during the car accindet.

This protocol of crash should be filled after the crash is over from the police office.

This is the most important document, issued by the traffic police in Bulgaria.

This document is nessesery for Bulgarian courts in a case of personal injury or legal procedure

They will be needed before we submit the legal claim against the insurance company.

In most insurance lawyers’ opinion in Bulgaria, the most important issue of every accident in Bulgaria is whether or not it had been due to the driver’s fault.

This needs to be well described in the Protocol of the accident.

Being insurance lawyers and acting as car accident lawyers in Bulgaria, we do help the injured people.

This could be a physical person- from the country or abroads.

Consult with a legal professional

If you’ve suffered significant injuries or face challenges in dealing with insurance companies, seeking legal advice is recommended.

A Bulgarian insurance lawyer can guide you through the complex legal process, protect your rights, and ensure fair compensation for your losses.

They can negotiate with insurance companies on your behalf and represent you in court, if necessary.

We will support you legally to get reasonable insurance compensation from the insurance companies in our country.

Our legal advice in crash cases

Experiencing a car traffic accident in Bulgaria can be overwhelming, but being prepared and well-informed can make a significant difference.

Important rules to follow up in case of accident

1.Remember to prioritize safety, gather essential information

2. Report the accident to the authorities,

3. Notify your insurance company,

4. Seek for medical attention, and

5. Consult with a legal professional when needed.

By following these steps, you’ll be better equipped to handle the aftermath of a car accident in Bulgaria

This is the only one way to protect your rights and securing the compensation you deserve.

Stay vigilant, drive safely, and be prepared for any unforeseen circumstances on the road. CALL US NOW on + 359 897 90 43 91 or send us an e-mail to info@lawyer-bulgaria.bg

August 14, 2016/by lawyer

Legal advices, News, Personal

Property Lawyer in Bulgaria

Every Bulgarian property lawyer will inform you for all the necessary legal steps for purchasing a property in Bulgaria. Working as a trustworthy property lawyers in our country, we would like to advise you on preparation of the legal documents needed.

The most popular ways for becoming real estate owners in Bulgaria are as following:

Buying a flat or limited ownership rights (the right of use, right to build a house, etc.). You can directly purchase them as a physical person or as a legal company.
Buying a real estate with land – houses, villas, plots and others.

Foreigners must set up Bulgarian companies so that they will become owners of the properties. Setting up a private company in Bulgaria is very easy and fast. Our firm will be able to help you immediately.

Acting as property lawyers in Bulgaria, we are preparing all the documents necessary and all the legal steps which Bulgarian Constitution requires. Our property lawyers will support you legally by getting the decision for purchase of property in Bulgaria.

When deciding to buy your own home in Bulgaria, you will have to find a property lawyer.

WE will protect you and will support you during the procedure.

We are always on your services to guide you at every stage of your purchase.

Step by Step…

There is a number of very important legal steps you must carefully follow during the property purchase proceedings in Bulgaria. When you choose the property, you will need a property expert advice for the valuation of the land or house. Our property lawyers in Bulgaria will advise you for all legal conditions regarding the property.

We are checking every single plot or house before every deal in order to avoid any surprises or unexpected information.

Our legal advisors & property lawyers in Bulgaria make all necessary checks in detail on all aspects of the property and surrounding land.

As property lawyers, we will give you the entire legal information concerning your plot or property, if you decide to buy it by the help of our property lawyers in Bulgaria.

A simple advice to our clients: we cannot complete your property transaction before getting all the documents necessary for it. We also need detailed information about your property before the deal itself.

Once you choose your property in Bulgaria, we are starting to prepare the Preliminary Contracts.

We start with preparing the declarations and documents such as a tax evaluation documents, schedule of the plot and certificates for lack of encumbrances over the property.

When we have checked all documents, we are ready to go on with drafting the Notary Deed. Then, we keep on with the transfer.

Property lawyer in Bulgaria

We support our clients finding property in Bulgaria with our property lawyers. Our clients can see the property suggestions from the Black Sea Coast to the Balkan Mountains.

Our clients can choose a rural property or luxuries villas in the mountain.

We just support them in their choice and prepare all the paperwork necessary. If you choose a property in Bulgaria, you just need to call us. You have to make a reservation for the next legal steps of checking over the ownership of this property in Bulgaria.

Property lawyer – Sunny Beach

Choosing a holiday property in Sunny Beach is quite easy. Sunny Beach, as its name says, is a sunny place where many people spend their whole summer time in Bulgaria.

If you’ve decided to buy a villa or a flat, we are ready to prepare all documents you need for your new property in Sunny Beach.

A lot of apartments had being sold every year, and this kind of purchase of property in Bulgaria brings the owner hundreds of thousands euro.

Also, new tourists and investors every single year. To buy a property in Sunny Beach, you need to find a good property lawyer. He/she will check the legacy before the transaction and transferring of the ownership.

Property lawyer – Sofia

The Bulgarian capital offers a huge numbers of profitable properties for foreigners and investment demand. The city of Sofia grows fast so buying a property in Sofia has been accepted as stable investment in Bulgaria. It is very easy to buy an apartment in Sofia, to rent it and/or to get small investments rate for your money.

The only thing you have to do is to decide whether is a good idea to save money there. The property market in Sofia is well-developed. The value of property rises with every new investments in the country. Our property lawyers has got huge legal experience regarding properties in Sofia market.

Property lawyer – Varna

The city of Varna is situated in the North Black Sea Coast. It is close to the Gulf of Varna. Everyone who has already purchased a property in Varna knows how profitable and successful it is.

There are some advantages of city of Varna – beaches, gardens and vineyards, groves and lakes. The properties in Varna are mostly country houses, luxuries villas…But some places are very slight. This is one of the reasons you need a professional property lawyer and real estates advisor in Varna.

Property lawyer – Pamporovo

Buying a property in Pamporovo is a good investment as this is one of the biggest Bulgarian winter resorts. Many developers has invested their money here and they have recaptured the sum two or three times.

To buy a property in Pamporovo, you need to have got a full set of necessary documents to start the first initial negotiations for this region.

Property lawyer – Bansko

Bansko is one of the most famous winter ski resorts in Bulgaria. Lots of people has already bought a property there.

The winter resort has been visited every year by many tourists and Ski Competition Committee. The World Cup of ski has been prepared and implemented in Bansko, and this made the winter resort even more attractive.

If you need to get more information about our property lawyer services, you can contact us on . + 359 897 90 43 91 OR send us mail to office@lawyer-bulgaria.bg

August 13, 2016/by lawyer

Legal advices, News, Personal

Bulgarian property lawyer

Bulgarian Property Lawyer

Selling your property in Bulgaria is not very easy, even if you have already find a buyer. That’s why you are in needs of assistance. Look for a Bulgarian property lawyer!

If you have already bought a property in Bulgaria, you need to check up if this property had been registered in all the necessary authorities. And in the Municipality Office, too.

Our law firm works as a professional Bulgarian property lawyer, as well. We support many foreigners who want to sell your real estate property in Bulgaria.

Usually, if you have a good property, is quite easy to find buyers in Bulgaria.

As property lawyers in Bulgaria, we could help you finding a buyer and getting a good price for you.

It is very important to follow the legal advices of a property lawyer so that you will save money and precious time. Our experienced Bulgarian property lawyers will help you with the documents for the selling.

First Steps

Before you sell your property in Bulgaria, you should have all the documents necessary,as well as declarations needed for a sale – prepared in advance. We assume you will need qualified property lawyers. This means, you need us.

Our property lawyers in Bulgaria are ready to assist you and protect your interests in selling your property in Bulgaria. You need just to call us or to send us an email.

Then we will be ready to start the legal procedure.

Before starting every single deal, your lawyer is obliged to check for potential legal problems.

He/she has to prepare all the documents necessary for the transfer of the ownership over this property.

We always check if there isn’t any property charges over your property you are trying to sell.

For example, encumbrances, mortgages or pledges over your property by the Tax Office or by a third party.

Usually, when our buyer signs the preliminary contract, he/she needs to leave a deposit as a percentage of the sale price of the property in Bulgaria.

When we help you finding a buyer, we require a simple power of attorney to represent you by conclusion of the preliminary contract for the purchase of the property with the buyers in Bulgaria.

Our qualified property lawyers will prepare the draft of Preliminary contract and will negotiate with the buyer concerning the transfer fees of your property.

After receiving the written confirmation for all necessary legal conditions, we sign the preliminary contract for purchase on your behalf. Then we send you a copy of it.

We are obliged to find buyer/-s and sell your property correctly.

When all the Documents are ready…

When all of the documents and declarations are done, our lawyers start preparing the Notary Deed for transferring the ownership over your property.

You can trust us – we are specialized in property sales of foreign clients in Bulgaria.

Each Bulgarian property lawyer will help you with the documentation and legal proceedings.

The next legal step to sell your property is to sign the Title Deed for the sale of your property.

We will help you by representing you at the Notary Public in Bulgaria.

The last step to complete your sale is submit the declaration with your property into the Tax Office of your municipality.

Remove the old owner’s name of the property from the Tax Register, to avoid any legal problems.

We, as property lawyers in Bulgaria will highly recommend you using our legal services to complete all this legal issues & steps.

The mentioned property legal proceedings are just for your information, if you are trying to sell a real estate property in Bulgaria.

Every single case has got its legal specifics & questions.

We strongly recommend you to use a property lawyer in Bulgaria for legal transactions, in order to save your time, money and worries.

Call us now on + 359 897 90 43 91

August 9, 2016/by lawyer

Legal advices

Mergers and Acquisitions Lawyers in Bulgaria

As a corporate and company lawyers (acquisitions lawyers) in Bulgaria, our work is connected with some company transformations. The process of mergers and acquisitions in Bulgaria is regulated by the Commerce Act. There are specific rules for public companies in Bulgaria specified in the Bulgarian Public Offerings Securities Act (POSA). Takeover bids for public companies are regulated under special conditions. As corporate and company lawyers in Bulgaria, we follow the legal procedure.

The main goal for company mergers and acquisitions is creating a consolidated company that benefits from the synergy of the merging companies.

Differences related to the type of company

The foreign Investors in Bulgaria need some legal advices from corporate and company lawyers when they plan, acquire or take over legal companies in Bulgaria. They must know that there are different rules applying to specific types of companies in Bulgaria. Some company mergers and acquisitions differ for joint-stock and limited liability companies. The main differences apply to the documents necessary to be prepared for merger or acquisition, and approval with registration required. Only joint-stock companies are eligible to elect to be public or non-public tradable companies. We offer you mergers and acquisitions lawyers. You will save money and precious time. Our experience lawyers make us proud and convinced that we are one of the best law firm in Bulgaria.

Necessary documents. Law Firm in Sofia, Plovdiv & Bansko

The Commerce Act stipulates that certain types of documents are compulsory for mergers and acquisitions in Bulgaria. Mergers and demergers require a plan for transformation, agreements, management reports, audit reports and certificates of good standing.

To transfer shares from limited liability companies in Bulgaria, a share purchase agreement and new Articles of Association are required. Transfers of shares from a joint-stock company require fewer documents in general.

As corporate & company lawyers in Bulgaria, we inform our clients that mergers and acquisitions in our country require approximately 25 business days. This depends on the type of company and the approvals and regulations required. Bulgarian laws are investor-friendly and the provisions applicable to Bulgarian investors apply to foreign investors as well.

You need legal law advices, if you are involved as a party in mergers or acquisitions. Our legal team can provide you with all legal assistance necessary. For more information, please contact us.

No Fields Found.

June 20, 2016/by lawyer

Legal advices, News, Personal

Legal advices to imports exports Bulgaria

Legal services to import & export in/from Bulgaria

Our legal team from corporate & company lawyers in Bulgaria works on the emerging market economy in Bulgaria. The country is a major exporter of industrial commodities.

Also, it exports agricultural and food products. Bulgaria is a land with a huge growth of outsourcing industry in the last couple of years.

Our legal practice shows that our trade partners are the neighboring countries, as well as other Western European ones. Bulgaria is a member of the World Trade Organisation.

Trade liberalization and compliance with the applicable international trade rules are the hallmarks of the country’s trade policy.

Our activity is focused on the company formation and supporting companies in their export and import business in Bulgaria.

Due to Bulgaria’s geophysical characteristics, the country produces numerous agricultural products and foodstuffs. The mountainous parts of the country are a natural source for ores and minerals, including: coal, copper, lead, zinc, bauxite and timber.

Legal advices to imports exports Bulgaria

We always inform our clients that Bulgaria’s main exports are domestic goods, petroleum and petroleum products, packaged medicinal products, chemicals, machinery, wheat and wheat-by-products and so on.

Bulgaria is a major coal producer in Europe. We produce essential oils, lavender and rose oil.

The main export partners of Bulgaria are Germany, Netherlands, Switzerland, Italy, Romania, Belgium, Turkey and Greece.

Our partners (countries) imports mineral products, machinery, vehicles, rubber and plastics, textiles and various chemical products. The country’s main import partners are: Russia, Germany, China, Italy, Romania, and Greece.

Our legal team of company & corporate lawyers in Bulgaria can help you with the relevant EORI and VAT registration.

Legal support for your current/future business

Our law office supports the clients and foreign investors in Bulgaria before the National Customs Agency of the Republic of Bulgaria. Our clients need legal advices from us, as company & corporate lawyers in Bulgaria.

The National Customs Agency is under the supervision of the Minister of Finance, and its structure includes the Central Customs Directorate, as well as eleven customs centers.

They are in: Sofia Airport, Metropolitan, Burgas, Varna, Vidin, Plovdiv, Svilengrad, Svishtov, Ruse and South-Western centers.

The National Customs Agency defines the legal framework, creates customs laws and deals with other customs-related issues.

Since 2007 the country has been obliged to apply all European directives referring to general customs rules and international customs cooperation.

Our legal support as company & corporate lawyers in Bulgaria gets the clients claims against the Bulgarian authorities and support them in the courts.

One of our legal law activities is to give advices to our clients no matter what the problem is.

Special permits and licenses may be required to perform certain trade activities in Bulgaria.

Our Bulgarian lawyers can help you with detailed information regarding the applicable legislation for different types of imported and exported products.

If you need more information, please contact our legal team of company & corporate lawyers in Bulgaria.

If you would like to know more about the legislation for foreign investments, call us on + 359 897 90 43 91 or send us an e-mail to info@lawyer-bulgaria.bg.

June 19, 2016/by lawyer

Posts

Register a limited company in Bulgaria

Challenging a Will Lawsuit

The Secon Ground

Grounds for nullity of a will include:

Sale of Shares of Common Property

Why to choose us?

Hereditary Cases Lawyer – Declaring a Will

What coming next?

If the will is left for storage to the notary, he executes its announcement – pursuant to Art. 27 para. 4 of the Inheritance Act.

Liquidation lawyers in Bulgaria

Our legal team in Bulgaria

Finally

Car accident lawyer Bulgaria

Contact authorities and your lawyer

Insurance lawyer – what else?

All drivers in Bulgaria must own one.

Consult with a legal professional

Our legal advice in crash cases

Important rules to follow up in case of accident

Property Lawyer in Bulgaria

Step by Step…

Property lawyer in Bulgaria

Property lawyer – Sunny Beach

Property lawyer – Sofia

Property lawyer – Varna

Property lawyer – Pamporovo

Property lawyer – Bansko

Bulgarian Property Lawyer

First Steps

Then we will be ready to start the legal procedure.

Every single case has got its legal specifics & questions.

Mergers and Acquisitions Lawyers in Bulgaria

Differences related to the type of company

Necessary documents. Law Firm in Sofia, Plovdiv & Bansko

Legal services to import & export in/from Bulgaria

Legal advices to imports exports Bulgaria

Legal support for your current/future business

Any more questions? Call us on + 359 897 90 43 91 !

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