On December 30th, 2024, Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets, and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937 (Regulation
A Law amending and supplementing the Commerce Act, promulgated in State Gazette No. 82 of September 27th, 2024, introduces an expedited procedure for liquidation of businesses that meet certain requirements. The purpose of the new texts is to resolve the
Under Bulgarian law, a distinction is to be made between the real estate tax payable on an annual basis for possession of real estate located within the territory of the Republic of Bulgaria, and the local property tax payable once,
Currently the data of Dobrev & Lyutskanov Law Firm is illegally used by third parties for sending e-mails with notices for violation of copyright, trademark rights or other rights over intellectual property. These notices are not sent by the Law
I. The need to adopt a new form of incorporation Recent amendments (August 1st, 2023) to the Commerce Act of the Republic of Bulgaria enable the creation of a new, sixth type of business entity: the Variable Capital Company (VCC).
The year 2024 will see the entry into force of new EU travel requirements for nationals of countries in respect of which visa-free travel has been established, to be introduced in compliance with Regulation 2018/1240 establishing a European Travel Information
The free movement of capital is one of the four basic freedoms of the EU, but as evidenced by the anti-money laundering regime, that freedom is not absolute. Restrictions on transfer of funds may be imposed for protection of a
The Supreme Court of Cassation (SCC) issued a new Interpretative Ruling No. 1/2020 of 31 May 2023 in interpretative case No. 1/2020 of the General Assembly of the Civil and Commercial Divisions of the SCC to answer questions in the
On 8 July 2023, an interpretative case No. 1/2023 was initiated for the purpose of adopting a joint interpretative ruling of the General Assembly of Judges of the Civil and Commercial Divisions (GACCD) of the Supreme Court of Cassation (SCC)
Employees have access to employers’ confidential business information by necessity in the course of fulfilling their professional duties. Having assessed this access and the associated risks, it is common for employers to insert a clause in the employment contract or
