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Our latest thinking on the issues that matter most in business and management.

February 13, 2025

AI Act (REGULATION 2024/1689): Timeline roadmap

Regulation 2024/1689, a.k.a the AI Act, is step by step going to introduce various requirements to the different stakeholders. Our colleagues Assoc. Prof. Martin Zahariev, PhD, and Andreas Petkov have prepared a timeline roadmap to guide you through the crevices and intricasies of the AI Act compliance.

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News

Some little known but important features of the insurance contract

Everyone concludes at least one insurance contract in their lifetime – to protect their home, car, or life, or to ensure coverage of health expenses when traveling abroad. Most people are familiar with the main characteristics of the insurance contract – it is concluded in writing, most often in the form of an insurance policy, the general terms and conditions of the insurer apply to it, the policyholder has obligations to declare certain circumstances (the so called circumstances affecting the risk) and to pay a premium. In their turn, the insurer has one main obligation – to pay indemnity upon occurrence.

January 8, 2025
News

Employment contract vs. civil contract – six key differences

The question of the differences between an employment contract and a civil contract often arises in practice. Below we provide a brief overview of the main differences between the two contracts.

December 9, 2024
News

Legislative changes for ESG compliance: What does it mean for Bulgarian companies?

Pursuant to the new amendments to the Accounting Act, large companies will also have to disclose non-financial information in their annual reports. This includes reporting on their ESG aspects along with the traditional financial reporting

October 22, 2024
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News

DPC Shorts: Ivan Manev on VAT for uncollectible receivables

An amendment to the VAT Act was adopted, providing for the possibility to reduce the taxable amount of supplies for which the receivables have become irrecoverable

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February 1, 2023
News

DPC advised Kolichka.bg on the local aspects of an international M&A transaction

Kolichka.bg's parent company in the Czech Republic Košík Holding was the target of the acquisition with METRO AG acquiring a 25% stake

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February 1, 2023
News

Amendments to the VAT Act

An amendment to the VAT Act has been adopted, providing for the possibility to reduce the taxable amount of supplies for which the receivables have become uncollectible

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January 30, 2023
News

DPC Shorts: Radina Tomanova on the latest amendments to the Bulgarian Labour Code

In this video our labour law expert Radina Tomanova briefly presents three amendments to the Bulgarian Labor Code made in 2022 and affecting employees that: 1. conclude an employment contract with a term of up to one year; 2. want to work for more than one employer; 3. are fathers of children up to the age of 8.

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December 15, 2022
News

DPC Shorts: Pavlina Ivanova on construction categories

Depending on the characteristics, significance, complexity and risks of operation, construction in Bulgaria is categorised from the first to the sixth category. Why is construction categorisation necessary? Who is responsible for proper categorization? What is the case law in construction categorization cases? These questions are answered by Pavlina Ivanova, a leading expert in property and construction law.

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December 1, 2022
News

DPC Shorts: Viktoriya Veleva on cryptoasset regulation

Interested in crypto assets? Did you know that the institutions are discussing the introduction of a regulation on crypto asset markets? The widespread use of cryptocurrencies and the introduction of new high-tech processes pose a challenge to already established tax and financial regulations at European level. Find out what the EU legislative initiatives are and what they aim to achieve in this video with Viktoriya Veleva, technology and data law expert at DPC. *This video is in Bulgarian

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November 24, 2022
News

DPC awarded Law Firm of the Year for Bulgaria 2022 by Who’s Who Legal

Our founding partner Assoc. Prof. George Dimitrov received the prestigous award at a black-tie ceremony held in London on 16 November.

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November 18, 2022
News

ECJ with new interpretations on the concept of ‘qualified electronic signature’ with reference to a Bulgarian case

At the end of October 2022, the European Court of Justice (ECJ) issued a curious new judgment (case C-362/21) on several issues relating to electronic signatures, and this was initiated upon request for a preliminary ruling from a Bulgarian court (Veliko Tarnovo Administrative Court).

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November 16, 2022
News

DPC Shorts: Ivan Alexander Manev on taxes in real estate transactions

Taxes are definitely not the first thing we think of amidst the excitement surrounding the sale or acquisition of real estate. However, they represent a significant part of the transaction value and it is good to know in advance what tax payments are due and by whom. Tax law expert Ivan Alexander Manev explains in 2 minutes what taxes are due in the main types of real estate transactions. *This video is in Bulgarian.

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November 9, 2022
News

Commentary on the Personal Insolvency Bill

On 6 October 2022 a public consultancy procedure on the Personal Insolvency Bill was opened.

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October 18, 2022
News

Euro in Bulgaria - 7 Things You Need to Know

The adoption of the Introduction of Euro into the Republic of Bulgaria Act prior to the issuance of the Decision of the Council of the European Union enables businesses to align their processes and organise their operations in a timely manner

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Privacy

New adequacy decision for safe and trusted EU-US data flows

As a consequence of the new decision personal data can flow from the EU to US companies participating in the Framework without additional data protection safeguards.

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July 25, 2023
Privacy

The balance between freedom of expression and data protection

The balance between the right to freedom of expression and information and the right to data protection has been the center of discussion for quite some time now, especially in the context of journalistic activities. As both rights are not absolute, the question is – which right overrules the other?

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June 9, 2022
Privacy

New standard contractual clauses under GDPR adopted by the EU Commission

On 04 June 2021 the European Commission issued two sets of standard contractual clauses (SCC) under the General Data Protection Regulation (GDPR): 1. SCC for the transfer of personal data to third countries (below “New Transfer SCC”); and 2. SCC between controllers and processors within EU (below “Controller-Processor SCC”).

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November 17, 2021
Privacy

The European Data Protection Board issued new guidelines on the concepts of data controller and data processor

Оn September 2, 2020 the the EDPB issued Guidelines on the interpretation of the concepts of data controller, joint controller and data processor, providing clarifications and detailed guidance, throughout useful examples, in order to ensure consistent and harmonised approach within the EU and the EEA.

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December 3, 2020
Privacy

CJEU Invalidates EU-US Privacy Shield, but Considers the Standard Contractual Clauses Valid?

On 16 July 2020 the Court of Justice of the European Union issued a preliminary ruling with significant importance regarding the instruments for transfer of personal data outside the EU to the so called “third countries”, in particular to the US.

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July 16, 2020
Privacy

Personal Data Protection in the Context of Assignment of Receivables (Cession) Agreement

Pursuant to the assignment of receivables agreement the creditor under a certain receivable assigns it to a third party. As the assignment procedure involves the processing of personal data of a third party – a debtor that is not a party to the agreement, a thorough examination of the personal data protection rules and their applicability to the assignment of receivables is required.

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June 10, 2020
Privacy

Desislava Krusteva gains recognition in the Women in Data 2019 survey

Global Data Review – the leading information source within the data law landscape – has recently released its new survey Women in Data 2019.

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January 7, 2020
Privacy

Hristo Nihrizov, Partner at DPC, gave an interview with Radio Plovdiv

Тhe bill on the amendment and supplement to the Personal Data Protection Act, which is to be adopted in the coming months, was also discussed

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May 23, 2018
Privacy

Martin Zahariev guest in the morning block of TV EUROPE “EUROPE MORNING”

He presented his opinion on the new dating service of Facebook, the Cambridge Analytica scandal...

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May 4, 2018
Privacy

Desislava Krusteva is now a certified information privacy manager

The newly-acquired certificate is the second one that IAPP has conferred on Ms. Krusteva.

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March 30, 2018
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Publication
2019
2/26/2019

What you should know about the new contract forms of FIDIC?

Subject:
Real Estate & Construction Law
Published at:
Ownership and Law Digest, 2019
Edition:
February 2019

Boyana Milcheva comments on the new FIDIC contracts

Boyana Milcheva
Partner
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Publication
2018
12/7/2018

Discussion: new requirements of tax legislation for e-shops

Subject:
ICT law. E-commerce. Consumer & Retail
Published at:
titа.bg
Edition:
December 2018

The article elaborates on the suggested new requirements for e-shops * This publication is in Bulgarian.

Assoc. Prof. Martin Zahariev, PhD
Partner
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Publication
2018
11/1/2018

Enforceability of rental and lease contracts in public sale of real estates

Subject:
Real Estate & Construction
Published at:
Property and Law Digest, 2018
Edition:
book 11, page 37

The wording of Article 453, item 1 of the Civil Procedure Code (CPC) before its amendment by the Act for Amendment and Supplement to the Civil Procedure Code (promulgated by SG No. 86 of 2017) regulated the enforceability of transfer and establishment of property rights against creditors with registered foreclosure. However, uncertainties arose in its application when there is a competition between the rights of a creditor with a registered foreclosure and the rights of persons with rights other than rights in rem (mostly tenants and lessees with registered lease or rental agreements). * This publication is in Bulgarian.

Pencho Stanchev
Partner
Alexander Georgiev
Senior Associate
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Publication
2018
6/20/2018

The revocation of the contradiction with public policy as a ground for setting aside arbitral awards under the international commercial arbitration act is unconstitutional

Subject:
Dispute resolution
Published at:
Commercial and Contract Law Magazine,
Edition:
Book 6/2018, Trud i Pravo

*The article is in Bulgarian.

Assoc. Prof. Martin Zahariev, PhD
Partner
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Publication
2018
6/1/2018

Obligation to appoint a DPO and to notify the CPDP

Subject:
ICT Law. Privacy and Data Protection
Published at:
tita.bg
Edition:
June 2018

Analysis of the obligation to appoint a DPO and to notify the Commission for Protection of Personal Data. * The publication is in Bulgarian.

Assoc. Prof. Martin Zahariev, PhD
Partner
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