On 15.02.2016, the European Commission launched a new platform (http://ec.europa.eu/odr) to help consumers and traders solve online disputes over a purchase made online. According to the published by the Commission press release, the Online Dispute Resolution (ODR) platform offers a
Interpretative Case No 1/2016 of the General Assembly of the Civil and Commercial Colleges of the Supreme Court of Cassation (SCC) with regard to the victim’s right to be compensated by the delinquent over and above the compensation paid by
On 19 February 2016, the Ministry of Justice published the amending bill to the Commercial Act for public discussion. The extensive bill is almost entirely dedicated to the commercial stabilization procedure aimed at preventing bankruptcy. The bill proposes also an
On 24 February 2016, an official working meeting was organized by the American Chamber of Commerce in Bulgaria (AmCham) and the British Bulgarian Business Association (BBBA) to discuss the tax changes related to the new treatment for VAT purposes of
On 12 February 2016, the National Assembly of the Republic of Bulgaria adopted at first reading the Amending Act to the Not-for-Profit Legal Entities Act. The proposed legislative amendments envisage elimination of the existing registration procedure applicable to associations, foundations
03_RL_The Changes in Insurance A Prerequisite for a Stable and Efficient Insurance Market[english] On 1 January 2016, the new Insurance Code entered in force in Bulgaria. The Insurance Code is a transposition into the Bulgarian legislation of Directive 2009/138/EC of
