The non-compete clauses in M&A seen as competition restrictions
28.11.2019

An inseparable part of all M&A transactions, non-compete clauses may also be perceived as breaches of the cartel prohibition (Art. 101 of the TFEU and Art. 15, para. 1 of ...

  Optimizing and improving the work of the NRA E-services portal
28.11.2019

On the 25th of November 2019 National Revenue Agency held an open public discussion with representatives of various accounting and commercial companies. The meeting was attended by Ms. Donika Ilieva ...

  Practical Problems Regarding the Opening of Bank Account in Case of Creditor’s Default
28.11.2019

Usually after the court award debtor is willing to voluntarily perform its monetary obligation but is prevented from doing so due to lack of the bank account details of the ...

  The State shall be legally liable for damages based on infringements of European Union law
28.11.2019

Amendments to the Law on State and Municipalities’ Liability for Damages (“LLSMD”), which provides a new procedure for hearing actions for damages of individuals or legal entities based on an ...

  Alternative Dispute Resolution for Consumers` Claims
28.11.2019

European and Bulgarian legislation provides for various simple, effective, fast and low-cost ways to settle disputes outside of the courtroom, if they arise from the sale of goods or the ...

  Amendments in the rules for issuance of Bulgarian personal documents
28.11.2019

In November, the National Assembly changeа the rules for issuing and receiving personal ID documents. As of 12th of November 2019: we will be able to submit a request for ...

  Incorporation of an association for the development of new RES projects
27.11.2019

Ilieva, Voutcheva & Co. Law Firm became a founding member of the Association for production, storage and trading of electricity. Ms. Rossitsa Voutcheva, together with the other founding members of ...

  New legislative attempts to limit the aggressive tax planning and tax avoidance
26.11.2019

A new Bill on Law on Amendments to the Corporate Income Tax Act (LA to the CITA) was passed at first reading on 06.11.2019. The LA to the CITA contains ...

  Newest State Fees Amendments in Administrative Proceedings
21.11.2019

Ever since the adoption of the amendments to the Administrative Procedure Code (APC) as of September 2018 many arguments and controversies have arisen – both in theory and in practice. ...

  What is the difference between consent and contract legal basis for processing personal data in online services?
20.11.2019

European Data Protection Board  adopted in October 2019 guidelines for the applicability of Article 6(1)(b) – processing of personal data in the context of contracts for online services, irrespective of ...

  The Labor Inspectorate launches an employer screening campaign
19.11.2019

The Labor Inspectorate has the obligation to control related to the fulfillment of the compulsory employment of people with permanent disabilities obligation according to the quotas under Article 38, paragraph 1 of the ...

  The preparation of the mandatory transfer pricing documentation has begun
13.11.2019

Ilieva, Voutcheva & Co. `s team participated in a workshop on the topic of “Transfer pricing. New rules for transfer pricing documentation for transactions with related parties.” During the workshop, ...

  The dates for introduction of CAIS EAP have been announced
12.11.2019

The Public Procurement Agency has officially announced the most important dates for the phased introduction of the CAIS EAP, which aims to achieve full electronic procurement awarding. CAIS EAP is ...

  Ilieva, Voutcheva & Co. was ranked by World Tax
07.11.2019

Ilieva, Voutcheva & Co. was ranked by World Tax, the comprehensive guide to the world’s leading tax firms. Ilieva, Voutcheva & Co. was ranked among notable law firms in Bulgaria ...

  Ilieva, Voutcheva & Co. was ranked by IFLR1000
07.11.2019

Ilieva, Voutcheva & Co. was ranked by IFLR1000, the guide to the world’s leading financial and corporate law firms and lawyers.  For a consecutive year Ilieva, Voutcheva & Co. was ranked ...

  Third Annual Review of the EU-US Privacy Shield
04.11.2019

On 23 October 2019, the European Commission published its report on the third annual review of the functioning of the EU-US Privacy Shield (the “Shield”). The European Commission’s report confirms ...