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
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
“Residence permits in Bulgaria and the CIP” The team of the Hristo Vasilev law office participated at the International Emigration Expo 2016, which was held in Kiev, Ukraine on 30.09.2016 and 01.10.2016, where our representative spoke about “Residence permits in Bulgaria and the Citizenship-by-investment program(CIP)”. Citizenship and Investments Ltd “Citizenship & Investments”Continue Reading
Lecture in Hong Kong about obtaining citizenship by investment and the particularities for holders of British Overseas Citizenship. For more information, please visit http://www.bulgarian-citizenship.org/hong-kong-2018 Current update on Hong Kong (summer 2019) The recent unrest in Hong Kong resulted in huge increase in the amount of applications for Bulgarian citizenship byContinue Reading
Global economic crisis The global economic crisis in 2008 put an end to uncontrolled spending of company resources and the intoxication by the investment boom. The main task in the new economic situation became the preservation of economic growth and survival in conditions of increasing inter-company indebtedness and troubled bankContinue Reading
