Bulgaria has been part of the European Union for over 18 years, but the specifics of the European Union Law (EU Law) are still rather unknown to the general public. In the following lines we will briefly discuss what are the so-called “sources” of the EU Law – that is, the types of legal documents...
What is the Certificate of Registrations, Notes and Deletions issued by the Bulgarian Property Register? When it comes to real estate transactions in Bulgaria, one of the most important documents is the Certificate of Registrations, Notes and Deletions issued by the Property Register, commonly referred to as a “certificate of encumbrances.” This document provides legal...
Introduction For better or worse, throughout the last 5 years the already intense process of digitalization has become even more prevalent in the day-to-day life. The way society and the economy adapted to the forced isolation while the COVID-19 pandemic was still around disclosed that a rather serious number of daily tasks could be digitalized,...
Introduction A Limited Liability Company (LLC, or in Bulgarian: ООД) is one of the most popular forms of commercial companies in Bulgaria. This form combines a relatively simplified establishment procedure with limited liability of the partners to the amount of their contributions. This article outlines the process of establishing an LLC, the required documents, and...
