Following the 2003-2008 property rush, many Brits and Irish have bought properties in Bulgaria through limited companies. Some investors were in their retirement age, hoping to get their last years spent in new Bulgarian home. Due to complicated parent-children relations, in case of death of the company owner (or shareholder), the lawful heirs often couldn’t […]

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This post is consequence of my week struggle with the Bulgarian Commercial Register‘s reckless breach of the Apostille Convention. Bulgaria has signed the Hague Convention Abolishing the Requirement for Legalisation for Foreign Public Documents (its official full name) and it is effective for Bulgaria since its adoption by the Bulgarian Pаrliament and promulgation in the […]

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In 2008, I was talking about the development of the factoring Market in Bulgaria. The credit crisis was in its peak and the few factoring companies in Bulgaria were progressing in their business. These factoring companies were sole owned by few banks. However there were also other private limited companies which deal mostly with debt […]

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