Vassilev & Partners Law Firm

News

The new Measures Against Money Laundering Act (MAMLA) adopted in accordance with EU Directive 2015/849, introduces obligations and practical measures aimed at transparency and publicity regarding the ownership of companies, non-profit legal entities and legal entities, for the purpose  of tackling money...
Amendment and supplementation of the Ordinance № 1 from 2007 for Keeping, Storage and Access to the Commercial Register and the Register of Non-Profit Legal Entities introduces new procedure for filing for announcement of declarations pursuant to Art. 98, Paragraph 9, p. 2 of the Accountancy Act. These...
Dear Clients, Partners and Friends, We are happy to announce that we have moved to a new office location. Our new office address is 9, Pozitano Str., Building 1, Entrance B, Second Floor, Office 4, Sofia 1000, Bulgaria, where we will continue to offer you comprehensive legal services based on expertise, responsible...
On 18th of October 2018, in extraordinary State Gazette (issue no.86), there were promulgated recent amendments to the Public Procurement Act. Some of the essential amendments are following: 1. Electronic award of public contracts via centralized electronic platform Most of the amendments aim at transition...
For the purpose of achieving transparency in terms of ownership and meeting the requirements of Directive 849/2015, the bearer shares will be abolished and gradually replaced by registered shares. This is envisaged by the Act on amendment of the Commercial Act (promulgated in State Gazette, issue № 88 dd.23.10.2018,...
Amendment to the Declaration pursuant to the sole paragraph of the Ratification of the Abolishing the Requirement of Legalization for Foreign Public Documents Act, the former passed by National Parliament on 10.10.2018 and promulgated in the State Gazette on 19.10.2018, changes the competence of state authority to...