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
Bulgarian citizenship by investment has been the hot-ticket for the last 5 years. But the misleading information that has been circulating on the internet is enormous. Bulgarian citizenship – events in Russia, Dubai and Korea VD&A is organizing its annual events in Asia, where the lecturers will be explaining 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
New wave of scams from Dubai, mainly originating from the JBR area, is striking those who want to get EU citizenship by investment. Two months after the Bulgarian citizenship by investment program was revamped in March 2021, Bulgaria remains de-facto the only EU golden passport option. And as the clientsContinue Reading
What everybody was thinking in 2020 was that Bulgaria will cancel its citizenship by investment program. Nothing could be farther from the truth. The Bulgarian parliament passed the new citizenship law and made the investment citizenship program as robust as it can be. The new law is also backed byContinue Reading
Bulgarian citizenship – more valuable than ever The value of the Bulgarian passport is on its highest point, ever. If you thought that the Bitcoin is the champion in terms of value increase for 2020, think again. The new realms after the Cypriot investment citizenship was cancelled The interest forContinue Reading
The amount of British applicants for Bulgarian residence permits and passports have skyrocketed in the last month of 2020. Brexit is now a fact and the British need access to Europe. Please read more at http://blog.bulgarian-citizenship.org/brexit-bulgarian-citizenship/ and https://posolstvo.eu/blog/bulgarian-residence-brexit/. Please contact me for any questions you might have about how toContinue Reading
Boyko Borisov boldly untied the purse, distributed “fats” from the fiscal reserve, reduced VAT. But isn’t the Prime Minister late with these actions? What is it: genuine concern or pure populism? Will the new reduced VAT rates, interest-free loans and one-time supplements for pensioners prevail over the feeling of aContinue Reading
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
