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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

DPC advised Evrotrust in a new investment round

Radina Tomanova and Ana-Mari Eremieva worked on this matter.

Radina Tomanova

Are your employees trustworthy enough not to get involved in money laundering?

Anti-money laundering regulation imposes new obligations on companies, with one of the latest amendments to the AMLA introducing policies and procedures to verify the professional competence and reliability of employees implementing anti-money laundering measures

Tsvetelina Koleva

A 10-point guide to success: Basic principles and practical tips for trademark registration

The purpose of this article is to look at one of the most accessible IP rights, namely the trademark. We will look at the first steps in trademark registration, what types of trademarks can be registered and what the benefits are.

Konstantin Kostadinov

Amendments to the Condominium Ownership Management Act aim at easier decision-making and more efficient management

At the end of September, amendments to the Condominium Ownership Management Act were promulgated, which provide for a number of changes in the current model of condominium management.

Boyana Milcheva

DPC advised TPXimpact Holdings on the sale of Questers

A team of DPC M&A experts advised UK-listed TPXimpact Holdings on the Bulgarian aspect of the deal related to the sale of its subsidiaries Questers Resourcing and Questers Bulgaria to Estonia-based software developer Nortal AS.

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.

Desislava Krusteva

Bulgarian DPA Enforces Resource-intensive Procedures in Case of Data Breach Notifications

The Bulgarian DPA started implementing on a regular basis new detailed and resource-intensive procedures in case of data breach notifications. These involve complex questionnaires exceeding the scope of the breach and closer to full audit of the data processing activities of the controller and extensive requests for provision of documents and information within short deadlines.

DPC Shorts: Pavlina Ivanova on the problem of rooftop terraces ownership

The construction law specialist Pavlina Ivanova explains why it is not a good idea to buy a rooftop terrace along with an apartment.

Pavlina Ivanova

CPC investigates alleged cartels in the food sector

The reason for initiating the proceedings is the unusually rapid and substantial increase in the prices of basic and fast-moving food products such as eggs, milk and dairy products.

Donka Stoyanova

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

August 12, 2024

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

August 12, 2024

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

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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