What are NFTs and how do they function? NFT stands for a non-fungible token. “Non-fungible” more or less means that it’s unique and can’t be replaced with something else. It ...
A declaration of sympathy with the Ukrainian people was published on the website of the Sofia Bar Council. We publish the Declaration below with English translation from the original Bulgarian ...
The Sofia Bar Council with the Sofia Bar Association has set up a hotline for free legal assistance to Ukrainian refugees. + 359 879 292 230 + 359 879 292 ...
On 17.02.2022, Members of the National Assembly unanimously adopted at first reading Amendments and Supplements to the Bulgarian Citizenship Act (“AS to BCA”), which provides for the removal of the ...
The Bulgarian Public Procurement Agency has published an update of its instructions on the drafting and submission of applications/offers in the Centralized Automated System “Electronic Public Procurement” (“CAIS EPP”) by ...
REGULATION (EU) 2021/2282 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 15 December 2021on health technology assessment and amending Directive 2011/24/EU aims to harmonize European legislation in the field ...
The Supreme Court of Cassation of the Republic of Bulgaria (SCC) in its recent decision* answers two important questions related to the power of attorney, based on which a contract ...
We have written more than once about the taxation of cryptocurrency trading income. But with the development of virtual investments, this issue is becoming more and more relevant as more ...
On 11th of January 2022 a Bill amending and supplementing the Bulgarian Citizenship Act (“the BCA Bill”) was submitted to the National Assembly. Currently, the BCA Bill is distributed in ...
Following the entry into force on January 4th, 2022, of the amendment to the BULSTAT Register Act(“BRA”), the Registry Agency will ex officio convert from the 10-digit code (UIC) of ...
State aid in the form of direct grants will continue to apply until the end of June 2022. The adopted changes increase the amount of eligible total aid. Guides and ...
By order of the President of the Supreme Cassation Court (“SCC”) dated 07.12.2021, a new interpretative case has been initiated (case No. 4/2021) within will give answers to the following ...
On 15.12.2021, the European Commission launched the application period for the acceptance of calls for funding from intermediaries in the field of intellectual property (IP) licensing. The initiative is part ...
On 13th December 2021 a Bill amending and supplementing the Value Added Tax Act (“VATA”) was submitted to the National Assembly. Bill amending and supplementing the VATA reflects the introduction ...
Today the National Assembly urgently voted at first and second reading the submitted on 22.12.2021 Bill for amendments in the Value Added Tax Act. The Bill aims to introduce a ...
Proposal for amendments to the Corporate Income Tax Act On 10th December 2021 a bill amending and supplementing the Corporate Income Tax Act (CITA) was submitted to the National Assembly. ...
An important part of the registration of a natural or legal person who carries out commercial activity, which is often overlooked, is the special registration under Article 97a of the ...
With the amendments in the Energy Act as of 01.10.2021, trading with natural gas shall be carried out only on the basis of an issued license. What is the procedure ...
The Council of Ministers has suggested several amendments in the Environmental Protection Act (EPA). Their aim is to improve the rules in force as well as to harmonize them the ...
European Pension Each citizen of a European Union (EU) member state who has worked on the territory of more than one member states and has insurance period in the respective ...
Just over a week ago, the Council of Ministers approved the draft law for a new Covered Bonds Act (CBA), which is to be presented to Parliament by the Minister ...
In the first week of December, the Supreme Court of Cassation (SCC) issued a particularly important interpretative resolution № 11/03.12.2021 on the dispute whether in the course of a tax ...
The many amendments in the Administrative Violations and Sanctions Act (AVSA), which have been the subject of years of development by a number of lawyers, come into force on 24 ...
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