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

What changes to the ESG legislation does the Omnibus Package bring?

Its primary aim is to improve ESG standards in the European Union, while reducing the administrative burden on business that the current ESG-regulatory framework creates.

AI Act (REGULATION 2024/1689): Timeline roadmap

Some little known but important features of the insurance contract

Employment contract vs. civil contract – six key differences

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

DPC Shorts: Ivan Alexander Manev on the change in taxation of crypto transactions

Taxes on individuals trading cryptocurrency reduced by legislative amendment

Ivan Alexander Manev

DPC Shorts: Ivan Alexander Manev with some good VAT-related news for small business

From 1 January 2025, the VAT registration threshold for Bulgarian companies is raised to BGN 166,000.

Ivan Alexander Manev

Problems with easements under the Energy Act impede investors and delay RES projects

There is a need for refinement of municipal practice and in some cases - legal changes

SCC with an interpretative decision on the amount of compensation for copyright infringement

The Bulgarian Supreme Court of Cassation (SCC) has finally brought clarity to the issue of damages for author's rights infringement with a new Interpretative Decision. Тhe issues of determining the amount of damages suffered; the recovery of out-of-court costs and the need to prove non-pecuniary damages are addressed.

Konstantin Kostadinov

DPC contributed the Bulgarian part of World IT Lawyers’ AI Regulation Guide

The guide is designed for private companies that try and want to use AI in their work or implement it, and that have cross-border customers

Desislava Krusteva

DPC Advises on Another Major Photovoltaic Power Plant Sale in Bulgaria

Our dedicated Energy, Projects, and Construction Team provided comprehensive legal support throughout the sale of a 70-megawatt photovoltaic project by Electrawinds Bulgaria

Pencho Stanchev

First steps towards ESG compliance in Bulgarian legislation

Changes to the Accountancy Act introduce new European requirements

Ana-Mari Eremieva

National mechanism for screening foreign direct investment related to the security or public order

Today, the Amendments and Supplements Act to the Investment Promotion Act was promulgated. The Act comes into force on Monday, 11.03.2024, and introduces for the first time a mechanism for screening foreign direct investments in accordance with Regulation (EU) 2019/452 in order to ensure measures for the Bulgarian economy against investments that could endanger national security or public order in Bulgaria.

Nikola Stoychev

The New Cybersecurity Directive provides for sanctions similar to those under the GDPR

The Directive, to be transformed into local law in Bulgaria by 17 October 2024, provides new obligations for companies and organizations.

Nikola Stoychev

Two new partners in DPC

As tradition has it, the promotions for this year were announced at a DPC’s annual party and have come into force as of 1 March.

February 1, 2023

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

Ivan Alexander Manev

February 15, 2023

The EU Blue Card facilitates employing highly qualified citizens outside the Union

At the end of January, important legal changes were adopted governing the conditions and procedure for issuing a long-term residence and work permit of the “EU Blue Card” type. The changes are aimed at facilitating access to the Bulgarian labour market for highly qualified citizens outside the European Union (EU) which could have a positive impact on labour shortages in a number of sectors of the Bulgarian economy.

Rositsa Vasileva

February 1, 2023

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

February 7, 2023

Whistleblowers Protection Act adopted

Whistleblowers Protection Act (full name: Protection of Persons Who Report Breaches or Publicly Disclose Information on Breaches Act) (the Act) was adopted at second reading on the Parliament’s last working day and promulgated in the State Gazette.

January 30, 2023

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

Ivan Alexander Manev

December 15, 2022

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.

Radina Tomanova

December 1, 2022

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.

Pavlina Ivanova

February 26, 2018

Martin Zahariev, PHD, presented GDPR at a workshop under a European project

Martin Zahariev, PhD delivered a presentation at a workshop on privacy and education in the context of the so called “once-only” principle.

January 7, 2020

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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