Newsletter November 2021

Decree № 328 of the Council of Ministers of the Republic of Bulgaria was promulgated at the end of October 2021. This normative act regulates the conditions for payment of compensations to workers and employees and to self-employed persons, insured as regards economic activities, for which temporary restrictions have been imposed by a state body […]

Read more

Nina Boteva Law Newsletter September 2021

Directive (EU) 2019/1024 of the European Parliament and of the Council of 20 June 2019 on open data and the re-use of public sector information (the Open Data Directive) was adopted two years ago. Further to the above, there is an obligation for the Republic of Bulgaria to transpose into Bulgarian legislation the requirements and […]

Read more

Nina Boteva Law Newsletter August 2021

On 18.08.2021 a Bill amending and supplementing the Law on the Activity of Collective Investment Schemes and Other Collective Investment Enterprises (hereinafter only the Bill) was submitted to the National Assembly of the Republic of Bulgaria. The project aims to introduce the requirements of Directive (EU) 2019/1160, Regulation (EU) 2019/1156 and Regulation (EU) 2019/2088. • […]

Read more

New rules for entering Bulgaria in force from 1 May 2021

With Ordinance № RD-01-278 of 29 April 2021, the Minister of Health introduced new temporary anti-epidemic measures for entering into the territory of the Republic of Bulgaria, to be applied from 1 May 2021 to 31May 2021. From 1 May the entry into Bulgaria of persons arriving from India, Bangladesh, Brazil and countries and territories […]

Read more

Nina Boteva Law Newsletter March 2021

On 12 March 2021, the amendments to the Measures against Money Laundering Act (MMLA) were published in the State Gazette. Legislative changes have amended the scope of the obligated subjects (legal entities and natural persons) that should implement measures against money laundering and terrorist financing. The above-pointed out obligated subjects under the MMLA are specified […]

Read more

Nina Boteva Law Office Newsletter

The Law on Measures and Actions during the State of Emergency (announced by a decision of the National Assembly on 13 March 2020) was amended in mid-February 2021. First of all, the legislative changes concern the municipalities that have not repaid in time the interest-free loans provided to them by the central budget. In this […]

Read more

Hristo Svilenov Mitkov participates in the IR Global Guide – Getting to know the UBO & selecting the right advisor

Foreward by Andrew Chilvers When the 5th Anti-Money Laundering Directive was introduced into law by the UK and EU in January 2020, for many professionals it was a much needed addition to legislation that would significantly help business transparency and combat money laundering. In essence, it was good for business and for public and professional […]

Read more

Getting to know the UBO

And Selecting the Right Advisor

February 2021

Why the latest directive on UBOs is critical to combat corporate crime When the 5th Anti-Money Laundering Directive was introduced into law by the UK and EU in January 2020, […]

Read more

Nina Boteva Law Office Newsletter

The Anti-Money Laundering Measures Act (AMLMA) was amended in January 2021. This Law determines the measures for prevention of the use of the financial system for the purposes of money laundering, as well as the organization and control over their implementation. The circle of the subjects, which are obliged to apply AMLMA in their activity, […]

Read more

Nina Boteva Law Office Newsletter

At the end of 2020, the Bulgarian Parliament adopted significant changes to the Value Added Tax Act (VATA). The changes are related to the introduction of the requirements of Council Directive (EU) 2017/2455 of 5 December 2017 amending Directive 2006/112/EC and Directive 2009/132/EC as regards certain value-added tax obligations for supplies of services and distance […]

Read more

Nina Boteva Law Office Newsletter

In mid-November, in the Bulgarian State Gazette was promulgated the Law on Amendments of The Civil Procedure Code (CPC) The latter amends not only the Civil Procedure Code, but also the Code of Administrative Procedure and the Code of Criminal Procedure. The purpose of the CPC is to outline the new legislation in regard to […]

Read more

Zarena Factory: Sale of Medical Masks

Zarena Factory is a leading company in Bulgaria that provides sustainable high quality products at affordable prices. In this regard, Zarena is a manufacturer of two types of masks – Medical (Certified as Type IIR) and Hygiene (Certified as FFP1). The issued certification of the above-mentioned masks is subject to the requirements of the EC […]

Read more