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The Proposal for Regulation on Markets in Crypto-assets

On April 20, 2023, the European Parliament voted in favor of adopting the European Commission’s Proposal for Regulation on Markets in Crypto-assets – https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593. With this, the procedure for the adoption of the regulation is complete, with the approval by

Lyuben Todev29/05/202329/05/2023

Commercial representative office as grounds for obtaining a Type D visa and a residence permit for the Republic of Bulgaria

Any foreign legal entity authorized to carry on business under its own national law can open a commercial representative office in Bulgaria. Such commercial representative office must be listed in the Unified Trade Register of the Bulgarian Chamber for Commerce

Ралица Йосева29/05/202329/05/2023

The legal status of, and issues concerning transactions involving parking spaces

A number of rulings passed by the Supreme Court of Cassation (SCC) between 2007and 2014 proceed, in no uncertain terms, from the premise that a parking space is not a separate, stand-alone object of ownership rights, which complicates transactions involving

Hristo Kazarmov31/03/202331/03/2023

Satisfying a creditor by assigning assets against receivable

The COVID-19 pandemic of 2020 and the globally increasing inflation exacerbate the challenges facing businesses and the frequency of insolvencies leading to an ever larger number of bankruptcy proceedings. These facts provide an incentive for the contractual party in good

Toma Tomov14/02/202327/03/2023

Easements for energy infrastructure

Most generally, under Bulgarian law, a real property easement is the kind of encumbrance imposed on a piece of property, designated as servient, on behalf of another property, designated as dominant, belonging to a different owner. This is not the

Mariya Endreva20/12/202206/01/2023

The Bulgarian legal framework for issuance of Startup Visa is completed

As of the end of February 2021 in the Foreigners in the Republic of Bulgaria Act was provided an option for issuance of Startup Visas for foreigners, who actually participate in the realization of high-tech or innovative projects. More than

Lyuben Todev20/12/202206/01/2023

How many submissions can be filed in defense of the same individual right?

The principle of legal certainty finds yet another expression in the prohibition contained in procedural law on re-litigating a matter that has already been resolved by a valid court ruling in full force and effect. Therefore, no more than one

Gergana Ilieva16/11/202216/11/2022

The legal regime of portable buildings

A portable building (also known in Bulgarian as movable site, movable facility or movable object) is a site, that does not have the characteristics of a building and can be moved into the space, after it has been separated from

Zlatina Gadzheva07/11/202207/11/2022

Exceptions to the provision of article 333 of the Labor Code regarding protection of employees in case of dismissal

The matter of legal protection of employees in case of dismissal is addressed in article 333 of the Labor Code, which stipulates that an employer must satisfy a number of additional requirements when terminating unilaterally employment of certain categories of

Gergana Ilieva12/07/202212/07/2022

The Digital Services and Digital Markets Acts – the Next Steps Towards the European Future

One of the main goals of the European Union is to expand digitalization as a means to promoting a dynamic economy and efficient governance while also attaining the environmental targets of the Member States. Consistent concrete steps to be made

Lyuben Todev27/06/202227/06/2022

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