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
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
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
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
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
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
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
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
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
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
