We Wish You Happy Holidays!!! ho-ho-ho
18.12.2019

Our team at Ilieva, Voutcheva & Co. wishes you all Happy Holidays and a Happy New 2020! We have made this video with lots of love for all of you ...

  Amendments to the Consumer Protection Act are to be Adopted
17.12.2019

On December 12th, 2019, amendments to the Consumer Protection Act (the “CPA”) were adopted at first reading. The amendments aim at harmonization of the national legislation with Regulation (EU) 2017/2394 ...

  Processing of patients’ data and the role of the European Commission within the eHealth Digital Service Infrastructure (eHDSI)
12.12.2019

What are the electronic cross-border health services in Europe? In 2011 the European institutions adopted a new Directive (2011/24/EU) which ensures the continuity of care for European citizens across borders. ...

  The mandatory reporting through the National Waste Management System has been postponed for a second time
12.12.2019

In connection with Decree No. 317 of the President of the Republic of Bulgaria, the mandatory reporting of respective persons liable through the National Waste Information System is postponed until ...

  Corporate taxation as of 1st of January 2020
12.12.2019

In the area of corporate income tax, the transfer of assets or activities to another part of an enterprise located abroad is now regulated. Specific rules are also envisaged for ...

  New rules for excise duties and tax warehouses a of 1st of January 2020
09.12.2019

Changes in the excise duty rate on cigarettes The excise duty on the proportional excise duty on the sale of cigarettes under the conditions of Art. 18, para. 3 of ...

  Changes in the publication of the annual financial statements as of 1st January 2020
09.12.2019

Exempted from the general obligation to publish the annual financial statements are: state financed entities and sole traders not subject to statutory independent financial audit and sole proprietors who have ...

  Changes in the personal income tax regime of as of 01.01.2020
09.12.2019

Changes in legal definitions that could reflect a person’s taxation.“Liquidation share” means the distribution of a share of the property by one person upon termination of the latter for the ...

  New local taxes rules as of 1st of January 2020
09.12.2019

Declaring real estate data Regarding newly constructed buildings The necessary data for determining the tax on newly constructed buildings and / or separate properties in such a building are provided ...

  Marriage with Bulgarian and Acquisition of Bulgarian Citizenship
04.12.2019

The legislation provides for three main options for acquisition of Bulgarian citizenship – as per the origin, the birthplace and by means of naturalization. According to the legislation in force, ...

  How to quit the position of Managing Director without cooperation of the shareholders
04.12.2019

The Bulgarian Commerce Act grants every Managing director of a limited liability company the right to leave the company and to request his/her deletion from the Commercial Register and the ...

  The introduction of the Centralized Automated Electronic Procurement Information System (“CAIS EAP”) has been delayed
01.12.2019

With an amendment to the Public Procurement Act, the National Assembly postponed the introduction of the CAIS EAP obligation, which was scheduled for 01.11.2019. The obligation to initiate and conduct ...