For most of the foreign companies in Bulgaria, accountancy and legal compliance is the first and most important hurdle that they need to deal with. Private accountants in Bulgaria, as well as accountancy firms, do provide only basic services – daily accountancy, tax forms, annual reporting. But the legal frameworkContinue Reading
17 million EU citizens Already in February 2019, new EU rules have been applied throughout the European Union to reduce costs and formalities for citizens living outside their own country. Before February, 2019, some 17 million EU citizens who were moving or living in another EU country had to certifyContinue Reading
Terminological Guide – Basic Terms: 1. Commercial transactions and what they are (according to the Bulgarian legislation) 2. Agreement for bank loan or bank deposits. 3. Record of the order. Bill of exchange. Check. Extra-judicial enforcement grounds. 4. Liquidation of a company in Bulgaria. 5. Transfer of company shares. 6.Continue Reading
Immigration Law One of the main priorities of Hristo Vasilev Law Firm is Immigration Law. That is why we are closely monitoring the immigration processes of our homeland. Our team of attorneys has achieved significant legal victories in this area and over the years we have brought together many foreignContinue Reading
Bulgaria is ranked 11th. Greece is at the bottom Bulgaria is the best country in the Balkans for the life and work of foreigners, and it is almost in the top ten in the world. Our country is ranked 11th. For the sixth consecutive year, analysts at InterNation, the world’sContinue Reading
Purpose of the procedure – Regulation (EU) 2015/848 The material introduces the main and secondary insolvency proceedings under Council Regulation (EC- European Community) No 2015/848. It has precedence over the rules of national legal systems. The rules contained therein are of a coordinating nature for debtors with assets in differentContinue Reading
Unfair competition – the essence of the term If you have a business in Bulgaria or are planning to form a company, then you need to know how to protect yourself in case of unfair competition. The Law for the Protection against Unfair Competition (LPUC) is the “tool” that servesContinue Reading
Have you been arrested or charged in Bulgaria? My office is successfully defending foreigners in penal cases in Bulgaria. When you are in another country, the laws are a bit harder to follow than in your own country, because put simply, you just don’t know them. The Bulgarian penal codeContinue Reading
Are you considering to obtain tax-residency in Bulgaria in order to enjoy the lowest 10% tax rate in the EU? Or you have doubts whether you may need to pay taxes in Bulgaria, even-though you are not living 183+ days in the country? Then please be sure to read thisContinue Reading
The unrest in Hong Kong (HK) is picking up. As result, many distressed Hongkongers are rushing to obtain alternative (second) citizenship. Most of them, quite logically, are deciding in favor of the Bulgarian Citizenship by Investment. Our law office provides legal support and turn-key advice in order to allow theContinue Reading
