For the past couple of days, the Commercial Register of Bulgaria is not working. According to an official government announcement, the computer cluster, serving the register system failed to take the huge load of connections from users/government employees. Today the Registry Agency in Varna was not working due to the system failure. This is also […]

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The current articles is following up  the first stage a typical civil lawsuit goes through. Assuming the plaintiff has won the case and the court has awarded him with full refund (+ penalty and legal expenses recovery), the plaintiff is waiting the lost party to pay. It is common in Bulgaria that debtors don’t pay […]

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On 29th April new changes to the Commercial register proceedings were introduced. Most of them are good and fix some of the misunderstandings in the law. The most major amendments include: Reducing the state fees by 50% if the applications are submitted online The previous text of the law required 75% of the state fee […]

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[updated 06.07.2014] Many liquidation have started and some of them even finished, but you need to check what we at MH Legal recommend to look when you have your company dissolved. [updated 24.06.2013] A recent changes to the NRA and NSSI internal ordinances, have affected the liquidation terms. The applications and the respective documents, needed […]

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Having Bulgaria and Romania as members of EU opened new opportunities of business cooperation between the two countries. EU funding stimulated a lot of small and medium enterprises to for trans-border business ventures . The companies are mainly from Varna, Dobrich (Bulgaria) and Constanta (Romania). Investment climate Bulgaria attracts investors with its low tax regime […]

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