Property of a non-reregistered company

Property of a non-reregistered company

Because of the increased number of requests from clients-owners of non-reregistered companies received by our law office we decided that it would be a good idea to write an explanation about re-registration of companies.

After entering of the Commercial Law into force till 31 of December 2011 all companies already registered at the Commercial Departments of District Courts of the Republic of ...

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Replacement of a driving license with a bulgarian one

Replacement of a driving license issued in another country with a bulgarian driving license

The Bulgarian legislation allows replacement of the Certificate for driving of a vehicle /driving license/ issued outside Bulgaria and obtaining of a Bulgarian driving license under two regimes:

I.FOR EU CITIZENS

According to the European legislation a Driving license issued by an EU Member State is recognized ...

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Succession of a Company Shares of a Deceased Shareholder

Succession of company shares of a deceased shareholder

According to the Bulgarian legislation the relations between the shareholders are settled according to the Articles of Associations that were signed by the shareholders upon registration of the company, as cases that are not described at the Articles of association are regulated by the Bulgarian legislation, but namely by the Commercial Law.

The lack of the ...

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Deceased Foreigner with a Real Estate in Bulgaria

Deceased foreigner

with a real estate in Bulgaria 

Several months ago our law office was contacted by two young ladies from the UK who explained to us that their father died and as long as they know he bought an apartment at Sunny Beach couple of years before his death. They asked us to explain what they have to do know since they did not know. We took this case although we ...

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Issuance of multilingual extracts from civil status records birth certificates marriage certificates and death certificates

Issuance of multilingual extracts from civil status records (bith certificates, marriage certificates and death certificates)

Back in 1976 a group of countries signed the Vienna Convention on the issue of multilingual extracts from civil status. The idea of ​​this Convention, the parties signatory to issue statements /duplicates/ of birth, marriage and death, unless the language of the issuing country and the language of the country in which the document will serve. For example, in ...

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Purchase of agricultural land in Bulgaria

Purchase of Agricultural Land in Bulgaria – Question with many Answers and Ambiguities

During the last several years the question about the purchase of Bulgarian agricultural land is subject to huge interest, many discussions and interpretations. In order to answer the question we should examine what the actual legislation says and how it should be applied. It is an irrefutable fact that because of the accession of Bulgaria to European Union and the signing of negotiating chapter Free ...

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Local Taxes in Bulgaria and Important Information You Should Know

LOCAL TAXES AND IMPORTANT INFORMATION THAT YOU SHOULD KNOW ABOUT THEM.

Every owner of a property in Bulgaria has obligation to pay council /local/taxes to the municipality where the property is situated. The obligation for payment of the council taxes is stipulated at the Local Taxes and Fees Act of Bulgaria, which states that every owner of a property is obliged to submit a property declaration at the municipality and to declare the newly acquired property within ...

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