5 reasons to register a company in Bulgaria

5 reasons to register a company in Bulgaria During the last several years more and more entrepreneurs decide to invest and register a company in Bulgaria. A lot have started to refer to the capital city of the country — Sofia, as the Silicon Valley of Europe since many of the starting companies are developing […]

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How to register a company in Bulgaria?

How to register a company in Bulgaria? Today we will take a look at the company registration procedure in Bulgaria. With time more and more people decide to invest in the country and start their own enterprise here. This is due mainly to the combination of low corporate taxes and free access to the European […]

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How to manage a company in Bulgaria

I am writing this assuming that you are already familiar with the company registration procedure in Bulgaria. If you are not, make sure to check our blogpost How to register a company in Bulgaria. So, here are some of the more important things you should know in order to properly and effectively manage your company […]

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Power of Attorney. What do I need this for?

Whenever I cannot be present at a particular venue at a particular time, say time to conclude the deal I want, to take an official document or to receive payment, I can authorize somebody else to do these things on my behalf and at my expense. By making power of attorney, as a grantor, I […]

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Why preliminary contract?

Yes – The preliminary contract can really be considered as a basis of the final one but it’s not concluded just to bring transparency in the relations between the parties and it represents much more than a simple draft. Legally, the preliminary contract is a significant legal figure; in fact, it may be seen as […]

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What are my rights in a traffic accident?

Nowadays the car is a necessary convenience. However, nobody really is insured against accidents and responsible behavior is always required, especially when on the road as a driver. Caution and precision are sometimes lifesaving not only for me but for the others involved in the traffic. Here are some guidelines that might be helpful if […]

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I shop online. What are my rights?

Today online shopping is part of my daily routine but what are my rights as a consumer and how can I protect them? It’s important not to forget that all the rules below concern only professional traders but not persons who sell personal belongings. So if I’m shopping at Ebay I can’t rely on the […]

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Notary Letter of Invitation

In many occasions the letter of law requires me, in order to be able to sue another person – my debtor – to have sent them a letter of invitation to perform a contractual obligation. Undoubtedly, this is an expression of law’s democratism. However, there are some details, I need to be well familiar with. […]

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My Reclamation Rights in Bulgaria

What if I buy something in Bulgaria and after that it turns out that the product doesn’t match what I’ve paid for? Or I notice that it has defects (for example there is a missing part from the TV or the heel of the shoe is broken)? Here comes my right for reclamation. I have […]

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How to buy property in Bulgaria?

In 2007 Bulgaria became a member of the European Union. This required the removal of the constitutional prohibition foreign citizens to acquire ownership in Bulgaria. This article will present how to buy property in Bulgaria in case I`m not a Bulgarian citizen. It matters if I am an European citizen or not. It also matters […]

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