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Capital in euro and the new 36-month deadline: obligations of commercial companies following the amendment to the law
Following the latest amendments to the Law on the Introduction of the Euro in the Republic of Bulgaria ("ZVERB"), the legislature introduced significant relief for capital companies in complying with their obligations relating to the conversion of capital and bringing their corporate instruments into conformity with the new currency. The amendments directly affect Article 32 of ZVERB and have two main practical consequences: extension of the period for bringing corporate do

Савина Чукачева
Sep 15


The Bulgarian Variable Capital Company - key features and practical benefits.
The variable capital company (“VCC”) is the newest form of commercial company under Bulgarian law. Its legal framework was introduced through amendments to the Bulgarian Commerce Act adopted in 2023, and the registration of VCC became possible in practice by the end of 2024. What is a VCC and why was it introduced? The VCC combines certain features of the limited liability company and the joint-stock company, adapting them to the needs of small and dynamically developing busi

Ивайла Ангелова
Jul 27


Analysis of the amendments to the Road Traffic Act (RTA)
Issue No. 64 of the State Gazette dated 05.08.2025 published significant amendments and additions to the Road Traffic Act (RTA), which...

Savina Naydenova
Sep 2, 2025


Current information on dual pricing of goods and services in Bulgarian levs and euros
In connection with the introduction of the single European currency („Еuro“) in the Republic of Bulgaria, the Law on the Introduction of...

Savina Naydenova
Sep 2, 2025


EU grants for industrial property - Small and Medium Enterprises Fund - 2025.
The Small and Medium Enterprises (SMEs) Fund - 2025 "Ideas for Business" is a grant scheme designed to help EU and Ukraine-based small...
Ivayla Angelova
Mar 12, 2025


Trademark - an investment and protection for the business. Types.
The trademark, as an object of industrial property, is a mark which is capable of distinguishing the goods or services of one person from...

Ивайла Ангелова
Feb 21, 2025


New changes in the Family Code regarding the adoption procedure
The Law on Amending and Supplementing to the Family Code, which was published in the State Gazette on 22.12.2023, introduced changes...

Savina Naydenova
Mar 13, 2024


The European union introduces new requirements for payment service providers
On 18 February 2020, the Council of the European Union (Council) adopted a legislative package on the processing of payment data to...
Ivayla Angelova
Mar 6, 2024
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