Inheritance Lawyers in Bulgaria

Our law office assist and advise our foreign clients on all cases related to the Bulgarian inheritance law:

The scope of our legal activities include the legal search of inheritance property, determination of inheritance quotas, drawing up a will, voluntary or judicial division of inheritance, restoration of a preserved part, abandonment of inheritance, inventory inheritance, and other.

We perform inspection and a detailed search for local property, when the deceased is a foreign national and has left heirs abroad /we collect information about their real property in Bulgaria, shares in local companies, money in bank accounts, motor vehicles and real estate

property/.Inheritance Lawyers in Bulgaria

We present to the interested parties a legal analysis and opinion on the ownership of the inherited property according to the provisions of the Bulgarian inheritance law, as well as provide the heirs with duplicates of death certificates and certificates of heirs in Bulgaria.

The small part of our legal business in Bulgaira is advising foreign and international clients – natural persons, or legal entities for their rights and obligations of the heir on the hereditary property inheritance by law and by will

– Advice on choosing the best way to dispose of property after death

– Determination of QUOTAS of hereditary shares

– Drawing up of wills, keeping them with a notary public

– Announcing a will

– Challenging the validity of a will by court order;

– Acceptance of inheritance

– Inheritance procedure before a district court

– Claims for restoration of an intact conservation part of the inheritance

– Share of inherited property – extrajudicial and judicial

– Notarial transactions

– Preparation of notarial invitations and assistance in their delivery

For every questions you have could contact us for futher information and legal advices on + 359 897 90 43 91 and to our main email office@lawyer-bulgaria.bg

How could I find the inheritance properties in Bulgaria

The simple way is to grant us a power of attorney and the inheritance certificate of the owner. We will check the properties in the Bulgarian property register and make other legal checks in the municipality,where the owner has lived before.

How could I appoint a inheritance solicitor in Bulgaria ?

By granitng us a simple power of attorney every single solciitor could start a legal checks for

Change company manager

The most common changes in the legal entities in Bulgaria are amendments of the name of the company and managing body in the Limited liability company. Change company manager

Changing the manager of Bulgarian company is not everytime very easy. Usually,the owners should vote on the AGM to change it.

There are several documents, which needs to be signed and verified according to the nessesery changes of the name or manager of Bulgarian companies.

In the case of division, separation, and merger of companies, one or more existing or newly formed companies acquire whole or part of the rights and obligations of other company. All property of one or several commercial companies passes to another existing or newly established trading company, which by law becomes their legal successor and the transforming trading companies are terminated but without liquidation. All rights and obligations, as well as the actual relationships of the transforming companies, are also transferred to the existing or newly established trading company, which becomes their legal successor. The receiving company acquires in full the assets of the transforming companies. The shareholders of the transforming companies cease their membership and acquire stocks and shares in the receiving company.

A Contract for the transformation is the first step towards successful change. A contract must be concluded between the receiving and the transforming company. The form is in writing and the signatures must be certified by a notary. The minimum requirement as the content of the contract covers the amount of the shares which will be received in the new company, what will be the amount of the cash payments, from which moment the participation in the acquiring / newly established company already entitles the respective share of the profit, etc.
The next technical but very important step is the announcement of the contract or the transformation plan in the Bulgarian Commercial Register. This is done at least 30 days before the general meeting to decide for or against the transformation. At this time, all shareholders have time and opportunity to get acquainted with the reorganization plans in detail.
The Commerce Act sets the strict requirement for a translation check to be carried out before it becomes reality. An inspection of each of the companies involved in the transformation is carried out. The verifier must be a registered auditor and set certain specific requirements for him. He has the right to full access to all the massive documentation and information of the companies. As a result of its activity, the auditor prepares a detailed report, which must meet certain legal requirements.

Before deciding whether or not to approve the planned transformation the shareholders have to revise the following documentation related to the future corporate structure transformation: Contract for the transformation, a report prepared by the management body, the auditor’s report, AFS for the last 3 financial years, balance sheet and a draft of the new statutes or resp. a company contract for each of the newly established companies

Submitting of the transformation into the Commercial Register is the final step of the transformation of a company.

To protect the creditors, for a period of just 6 months after the transformation the company has to make separate accounting in the acquired assets and obligations.

We, at Innovires, we do not only provide legal advice to our clients at every stage of the transformation, but we also draft and submit all the respective documents, incl. but not only: applications, transformation plan, minutes, declarations, powers of attorney, management agreements, articles of associations, etc. At the end, we, guarantee a successfully registered change in our Commercial Register.

Our lawyers from Innovires Legal can fully assist you in preparing all the required documentation to change the legal form of making a transformation in a commercial company in Bulgaria.

For more information and further assistance, do not hesitate to contact us!

Contact us in case you need additional information regarding the legal form change and transformation of a Bulgarian company.

No Fields Found.

Posts