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.
Our law office, acting as company lawyers In Bulgaria, works with many legal issues & problems. However, dissolving or liquidation a companies may be a voluntary procedure. Sometimes the decision has to be adopted by the company’s shareholders, or a company might merge with another legal entity.
The company lawyers in Bulgaria are the specialist for dissolving or liquidating a company in Bulgaria which may also be mandatory – may be the company experiences bankruptcy procedures, or a decision may be adopted by the Bulgarian court. We, as company lawyers in Bulgaria, do work also from the whole legal process of setting up a company in Bulgaria and including it in the Commercial Act of the Republic of Bulgaria. Completing of the winding up process requires undertaking certain actions and the owners may aski for the services of a law office in Bulgaria to assist with the formalities. Regardless of the reasons which have resulted in liquidation of companies, our team of company lawyers in Bulgaria will be happy to provide assistance and legal counsels for the full duration of the procedure.
Legal steps required for dissolution and liquidation of companies in Bulgaria
The whole procedure for liquidation of a company in Bulgaria starts with accepting a decision by the shareholders of the company, or a ruling by a competent Bulgarian court. We, having a professional company lawyer in Bulgaria, move the procedure and prepare the documents on the first stage which consists the full suspension of the company operations – the stage of dissolving the company. Dissolving & Liquidation of company in Bulgaria, as a first phase is required because the company has to terminate any and all businesses and procedures before its assets are transferred to any other party.
The company liquidation in Bulgaria shall be started and dissolved with a decision of the shareholders. The legal decision for a company liquidation in Bulgaria is adopted with a majority of the shareholders (at least 75% of the company equity). Following the company decisions, the manager of the company has to notify the National Revenue Agency of this company decisions and of the start of the liquidation procedures in a Trade & Commercial Register.
Despite the fact that the company still exists for the duration of the liquidation procedure, it may not perform any business activity. Following the conclusion of the procedure, the company will no longer exist and shall be deleted from the Commercial Register of the Republic of Bulgaria.
The most relevant step in the liquidation procedure in Bulgaria, according to our Bulgarian company lawyers, is settling any and all payables and debts of the company to other parties. The assets of the company have to be divided amongst all company creditors and any remaining assets of the company shall be divided between all shareholders. This is an out-of-court procedure involving all partners in the company and all creditors.
liquidation of companies
Insolvency procedure against the company
An insolvency procedure against the company may be initiated by any other party during the liquidation procedure, if the insolvency procedure in Bulgaria has been complied with. After this procedure is finalized, a liquidator shall be appointed and the role of the liquidator is to terminate the company. The liquidator may be a former manager of the company, or any other person appointed by the Commercial Register of the Republic of Bulgaria. Our Bulgarian company lawyers are ready to prepare all the documents necessary and to submit them in the court, if the liquidation procedure is required.
The liquidator shall have the right to undertake any and all actions necessary to complete the liquidation and shall represent the company before the competent authorities. The responsibilities of the liquidator shall include, among other things:
– terminating any current deals;
– collecting debts;
– conversion of any assets into cash-at-hand;
– repaying all loans to creditors;
– preparing a balance sheet;
– terminating the company’s accounts.
Any and all new transactions during this period will only take place for converting the assets into money, or concluding any other actions related to the liquidation. A liquidation certificates shall be issued by the National Revenue Agency of the Republic of Bulgaria. This certificate of liquidation, along with the shareholder’s decision to liquidate the company, the appointment of the liquidator and a report, which details the manner for the performance of the liquidation procedure, are to be submitted to the Commercial Register. Our Bulgarian company lawyers can help you with submitting any and all of the legal documents necessary.
Finalizing the company liquidation procedure in Bulgaria
The liquidator of the company has to ensure that all creditors of the company will file their claims. The existing claims may be submitted maximum within six months after the delivery of the liquidation announcement to the creditors. After all liabilities have been settled and all assets of the company have been divided, the liquidator shall take any and all measures necessary for deleting the company from the Commercial Register in the Republic of Bulgaria.
Liquidation of a company in Bulgaria will take not more than six months, also by existing claims. Our Bulgarian company lawyer can prepare all documents necessary and suggest you a legal assistance for dissolving and liquidating the company. For more information, please feel free to contact our office on + 359 2 858 10 25 or send us an e-mail to info@lawyer-bulgaria.bg
lawyerhttps://lawyer-bulgaria.co.uk/wp-content/uploads/2016/03/ilodplogo-300x96.pnglawyer2016-06-08 12:11:252017-03-17 07:51:43Liquidation of Companies in Bulgaria
Every Bulgarian lawyer specialized in family and divorce legal procedures will inform his/her clients about the documents required and the kind of situation being in a divorce in Bulgaria.
Every divorce procedure has a regulation by the Bulgaria Family Code. The divorce process depends on the wish of our clients. Family & Divorce Lawyer in Bulgaria
Marriage in Bulgaria may either be terminated or suspended in specific cases, and an individual could get a divorce by mutual consent or by initiating a civil action. Our legal team may represent you should you go through a divorce procedure in Bulgaria.
Where we need to take a strong position and represent you in court, we will do everything possible to ensure your success.
Our expertise and the legal team has been focused on family issues faced by international couples involving a Bulgarian and an International legal cases.
Child custody is the determination of where the minor children of the marriage should live and who should be responsible for them.
Irreparable disruption of the marriage may be grounds for any of the spouses to request a divorce.
Should the couple choose to separate in this manner, there is no time limitation.
The claimant has to provide proof that the marriage has been seriously and irreparably disrupted.
The parties may agree for any or all of the consequences of the divorce to inure.
Consequences of a divorce in Bulgaria
The Bulgarian divorce lawyes from our Law office will support you legally in every cases of legal divorce before the family courts.
The conjugal property community terminated after the divorce procedure is complete.
The divorce process in Bulgaria takes between 4 to 6 mounts usually.
Child maintenance costs in Bulgaria
Our legal team can provide you with assistance related to the legal grounds for child maintenance costs in Bulgaria.
We are drafting everyting for child maintencence costs in compliance with Council Regulation (EC) No 4/2009 on jurisdiction, applicable law, recognition and enforcement of decisions and cooperation.
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