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 ...

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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 ...

On April 8, 2022, was adopted the Council Regulation (EU) 2022/576 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine was. ...

A Bill for an Act on the protection of whistleblowers – persons who report breaches and publicly disclose information, (“The Act”) has been brought to the Parliament for consideration more ...

With the development of technologies more and more terms enter our everyday lives and sometimes it gets hard to define them or to distinguish the similar ones from each other. ...

The Corporate Sustainability Reporting Directive (CSRD) is one of the proposed measures within the Sustainable finance package, adopted on the 21st April 2021. The CSRD extends the scope and reporting ...

It is not news that the European Union is moving towards imposing a general, coordinated regulatory framework for the Member states of the Union concerning the disclosure of non-financial information. ...

According to the Local Taxes and Fees Act the real estate is subjected to a local tax. Pursuant explanation of the National Revenue Agency № 3-568 dated 10 May 2021, ...

The Supreme Administrative Court (“SAC”) has referred a preliminary inquiry to the Court of Justice of the European Union (“CJEU”) in relation to a direct negotiation public procurement procedure with ...

Corporate Income Tax Act The act amending the Corporate Income Tax Act was adopted on the 6th December 2022 by the Parliament. The main changes are the following: In article ...

Sustainable practices related to increasingly pronounced climate changes enter our daily lives and are accordingly reflected in our legislation. In this area is the Ordinance № РД-02-20-3 of 9 November ...

On the 3rd of November 2022 the government approved a bill on personal insolvency. The European commission insists on its approval so that Bulgaria could receive financial help from the ...

The Council of Ministers adopted an Ordinance on terms and conditions for issuing, extending and revoking a certificate for a high-tech and/or innovative project called the “Startup Visa” (the “Ordinance”). ...

On 19.10.2022, a bill to amend and supplement the Labour Migration and Labour Mobility Act (LMMA) was submitted to the National Assembly for consideration and vote at first reading. It ...

The matter concerning production and/or the trade with medical devices, apart from attracting everyone’s wider interest, also reveals several peculiarities regarding the legal regimes, under which these devices should be ...

Energy is a field where change and development come quickly. That can be seen clearly by the fact that three new Bills concerning it have been submitted before the National ...

The word “entrepreneur” is used more and more frequently, but at present there is still no regulation in our current legislation that gives a definition for the notion or regulates ...

On 10th of November 2022 the bill suggesting amendments in the Electronic Commerce Act has been brought to the parliament. A new frame for e-commerce was established with the adoption ...

On 24.10.2022 the bill of the protection of persons who report breaches of Union law has been brought to the parliament. The bill is an act of transposition of Directive ...

On 28.10.2022 the bill, suggesting changes in the Law on foreigners in the Republic of Bulgaria has been brought to the parliament. The bill aims to provide more effective procedure ...

With the new Bill for an Act amending and supplementing the Commerce Act, approved with Decision No 755 of 11 October 2022 of the Council of Ministers, it is aimed ...