Centralised vs decentalised Many cryptocurrency users assume that once USDT reaches their wallet, it cannot be taken away. This is a common misconception. Unlike decentralized cryptocurrencies such as Bitcoin, USDT is issued and managed by a private company. This allows Tether to freeze specific wallet addresses and prevent the affectedContinue Reading
Why registering a Bulgarian company for an Amazon Seller Account can be a strategic advantage Selling on Amazon has become one of the most accessible ways to build an international e-commerce business. However, success on the platform depends not only on product selection and marketing but also on the legalContinue Reading
European Union Bulgaria may be a small country, but it offers big opportunities. It’s one of the most attractive business destinations within the European Union, with a stable economic environment, EU and Schengen membership, and a very competitive tax system. Add to that its strategic location between Europe and Asia,Continue Reading
Interview of lawyer Hristo Vasilev on Bloomberg TV The freezing of USDT addresses has become a very big problem in 2024-2025. Tether, the company issuing USDT is increasingly blocking users’ addresses, effectively confiscating their funds. The problem is particularly severe because the victims actually have no one to turn toContinue Reading
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
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
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
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
