Setting up a company in Bulgaria is relatively straightforward and accessible, even for foreigners unfamiliar with local laws. Low taxes, easy access to EU markets, and competitive labour costs make Bulgaria an attractive business destination. Processing typically takes up to 2 business days. VAT Registration VAT registration is mandatory only if the company’s annual turnover…
A notarized will is a legal document that expresses a person’s (the testator’s) intentions regarding the distribution of their assets after death. This type of will is prepared and certified by a notary in the presence of the testator. The notary is responsible for ensuring that the will is legally compliant and for authenticating the…
Changes in a company’s structure may be necessary for various reasons, whether it’s a change in management, an increase or decrease in capital, a change of address, or other important structural modifications. Whatever the reason, it’s important to understand that such transformations can be complex and require a professional approach. Why changes are needed? All…
You bought a property years ago or inherited one, but now you have no information about its condition, market value, or whether its documents are in order. This can lead to complications when selling, renting, or even using the property. Fortunately, we can help you avoid these risks and gain a clear understanding of your…
A handwritten will is a handwritten document through which a person (known as the testator) specifies how their assets and property should be distributed after their death. This form of will is legally recognized in many jurisdictions, including Bulgaria, provided certain requirements are strictly followed. For many people, a holographic will is a practical choice…
A company undergoes liquidation, a legal process where it stops existing and distributes its assets to creditors and shareholders or partners. The company or relevant authorities can initiate this process voluntarily or compulsorily, and they must follow a series of legal and administrative steps to properly close the company’s operations. Types of liquidation: The liquidation…
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