News

Follow our alerts

Legal Alerts

New Accountancy Act

On 1 January 2016 a new Accountancy Act shall enter into force as it shall introduce numerous amendments and supplements to the existing regulations concerning financial statements, independent financial audit of Bulgarian companies, announcement

Share:

Share on linkedin

No FIT for biomass projects after 01.01.2016

According to the current legislative provisions only new power plants which correspond to the below -mentioned requirements could benefit from the compulsory purchase of electricity at preferential prices. These are power plants with combined

Share:

Share on linkedin

High-qualified employment of foreigners

By virtue of amendments to the Ordinance on the terms and conditions for issuance and rejection of work permits to foreigners in the Republic of Bulgaria, which were promulgated in the State Gazette, issue

Share:

Share on linkedin

Amendments to the Energy Act

The latest amendments to Bulgarian Energy Act (“EA”) entered into force as at 24 July 2015. The announced purpose of the amendments is to improve the financial status of Bulgarian energy system by applying

Share:

Share on linkedin

Changes to the Labour Code

Bill for amendments of the Labour Code has been published in State Gazette, Issue 54. The amendments to the Labour Code entered into force on the date of their promulgations, 17 July 2015. The

Share:

Share on linkedin
Follow our news

Recent News

Bankruptcy proceeding against Corporate Commercial Bank stopped by Sofia City Court

Sofia City Court has stopped bankruptcy proceedings launched at Corporate Commercial Bank (CorpBank). This was done it the first court session on the bankruptcy case held on Monday 24 November 2014. The bankruptcy procedure

Share:

Share on linkedin