The Israeli people know, best of all other nations, where it is profitable to do business, at any given moment in time. And they know very well that Bulgaria is offering the best business opportunities in the whole EU. And no, it is not only the lowest flat tax rateContinue Reading
High-skilled employment in Bulgaria – lucrative and in high demand Obtaining EU Blue Card is now easier than ever. Don’t get me wrong here – it’s not easy at all. The Bulgarian legislation is complicated and the bureaucratic load is immense. It’s just that the procedures are now streamlined andContinue Reading
Extortion – criminal offence Extortion is a serious crime in Bulgaria as per the latest penal codes. In the pre social media and internet era, extortion was very difficult for the criminal. He had to get his dirty hands on something that he could blackmail the victim with. And logically,Continue Reading
The times when arrogant clients could force the seller (or the service provider) to issue refund are now over Every seller or service provider knows about this problem. This is when an unscrupulous client demands refund, even though the service has been provided or the goods delivered. The usual “nuclearContinue Reading
Citizenship by itself is much more complicated than it may sound to many. The difference between citizenship, nationality, origin, etc. may be hard to define, especially in international law. The Bulgarian Constitutional Court about the citizenship of Mr Kiril Petkov Recently, a controversial legal dispute started with regard to theContinue Reading
More and more VD&A clients are receiving positive assessment by the Bulgarian Citizenship Council. This practically means that the Council recommends to the Bulgarian President to issue a decree for the issuance of Bulgarian citizenship of the VD&A’s clients. Investor from the USA, customer of VD&A, is approved for BulgarianContinue Reading
What is a Foundation? The Foundation is a non-profit legal entity and with independent property formed by donations. In Bulgaria, the law allows the founders of a Foundation to be foreigners. The Law on Non-profit Legal Entities in Bulgaria regulates everything concerning the establishment, operation and termination of a foundation.Continue Reading
Interpretative decision of the Supreme Administrative Court A long-awaited interpretative decision of the Supreme Administrative Court (SAC) has been issued. According to the decision, if you are a manager of a company, a member of the management body or an appointed procurator and you have failed to publish data onContinue Reading
Protests not only in Bulgaria but also in Belarus Citizenship by investment – a rescue plan for Belarusian business Immediately after the announcement of the election results in Belarus, the interest in obtaining Bulgarian citizenship increased enormously. Obviously, the unstable political situation in Belarus makes a large part of theContinue Reading
30 days is the deadline during which the buyer (the relevant chain or store) must pay the manufacturer After the latest amendments to the Bulgarian Law on Protection of Competition (LPC), some very important cases for Bulgarian business have been resolved. Among them, the settlement of protection against agreements, decisionsContinue Reading
