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

The annual ITR World Tax ranks practitioners from leading tax firms from all over the world. It includes law firms, consultancies and advisory groups, as it aims to ensure the ...

In order to extend the sanctions against Russia, the Council of the European Union adopted Council Regulation (EU) 2022/576 of 8 April 2022 amending Regulation (EU) No 833/2014 of 31 ...

The National Assembly has ratified amendments to the Commercial Act that bring about alterations to the constraints governing the assumption of managerial roles within commercial enterprises. The previous limitation preventing ...

This judgment of the Court of Justice of the European Union (CJEU) from May 2023 clarifies the possible meaning of the writing off of goods that occurred after VAT return, ...

In the first half of July 2023, European Commission adopted its adequacy decision for the EU-U.S. Data Privacy Framework. The decision concludes that the United States ensures an adequate level ...

Food supplements are becoming increasingly popular on the Bulgarian market. Interest in them grows exponentially with the discovery of new food products and ingredients to assist each of us on ...

An amendment to the Measures against Money Laundering Act (“The Act”), approved by the Parliament on June 29, 2023, has been officially published in the State Gazette on July 14, ...

Lately, many cases arise, where documents, issued by public authorities, and by revenue authorities in particular, are being appealed. The appealed documents are usually audit assignment orders, audit reports and ...

Matters concerning the inheritance of shares in companies registered in Bulgaria hold significant importance and are frequently encountered. These issues present a multifaceted challenge, encompassing a diverse array of complexities ...

Discover the possibilities of obtaining compensation for damages incurred during the appeal of Audit Acts, particularly regarding attorney’s fees. This comprehensive guide outlines the process for companies and individuals to ...

On May 10, 2023, the Council of Ministers submitted a draft law amending and expanding the Condominium ownership management Act. On May 17, 2023, a group of Parliament members submitted ...

The problem of acquiring Bulgarian citizenship by origin is becoming more relevant, especially in recent years, during which the political and demographic problems of the countries have forced changes in ...

After the adoption of the Act on the protection of whistleblowers (“The Act”) on 27 January 2023 and its entry into force on 4 May 2023 the Commission for Personal ...

Mediation is an alternative way of assisting disputing parties by a mediator, the aim of which is to reach an agreement between the disputing parties and settle the relationship between ...

The cumulative sealing of a commercial establishment and the imposition of a financial penalty by the tax authorities for failure to issue a receipt by an individual/legal entity registered under ...

Processing personal data is an extremely responsible task, especially when it comes to the category of more sensitive personal data outlined in Regulation (EU) 2016/679 (“the Regulation”). Information regarding a ...

The practical importance of the answer to the question of what type of contract we conclude by leaving a vehicle on a paid parking lot is mainly grounded on the ...

The Local Taxes and Fees Act (“The Act”) is the legal basis, according to which the different types of real estates are declared and taxed.  Even though the Act envisions ...

The EDPB has released a Data Protection Guide to assist small business owners in their direction to be more data protection compliant. The Guide targets to elevate attention of the ...

VAT Rules and Tax Treatment for Solar Power Plant Construction in the EU If you are a company registered under the Value Added Tax Act (“VAT Act”) and you are ...

Legal500 was established more than 30 years ago and has become by now the world’s biggest legal services’ directory. The Law Firm is recommended in the following areas: Commercial, corporate ...

In a decision dated February 2023 the Administrative Court-City of Sofia (ACCS) proclaims a tax assessment null and void. SAC considers the ground for assignment of the particular tax audit ...

Stay up to date with the latest developments in data protection regulations. The European Data Protection Board (EDPB) has recently released updated Guidelines (Version 2.0) on personal data breach notification ...