20 years together

Bulgarian Tax Legislation Changes in 2018

At the end of 2017 the following important changes were introduced into the Bulgarian tax legislation:   I. Corporate Income Tax Act (CITA)   1. Economically inactive undertakings shall no longer have the obligation to declare corporate tax (Art. 92, Para. 4 CITA)   - By Act for Amendment and Supplement to the Tax Insurance Procedure Code... view more


Dimitrov, Petrov & Co. reaffirms its prominent position in IP law

For a third year in a row Dimitrov, Petrov & Co. Law Firm has been ranked as a Silver Band law firm by the international directory World Trademark Review 1000 (WTR 1000). The work of Ms. Bilyana Stefanova, head of the IP Law Practice Group at the firm, is given a special recognition and her name appears on the list of recommended experts in the IP field. WTR 1000 is the only legal... view more


Desislava Krusteva and Martin Zahariev, PhD, Published in TITA Magazine

Articles of Desislava Krusteva, head of the Privacy Data Protection Practice at Dimitrov, Petrov & Co., and of Martin Zahariev, PhD, also on the team of the law firm, appeared in the 100th issue of TITA online magazine. Desislava Krusteva’s publication highlights the basic principles in personal data protection according to the GDPR, while Martin Zahariev, PhD, discusses citizens’... view more


Prof. Dr. George Dimitrov in the Hall of Fame of The Legal 500

The Legal 500 global legal guide officially inducted Prof. Dr. George Dimitrov, head of the ICT law practice at Dimitrov, Petrov & Co., to its Hall of Fame. The Legal 500 Hall of Fame highlights individuals who have enjoyed the constant praise of their clients due to continued excellence. The Hall of Fame also highlights law firm partners who are at the top of the profession, whereas... view more


The team of Dimitrov, Petrov & Co. is actively consulting its clients on the implementation of the legal frame of the MiFID II.

The new year began with a number of regulatory changes affecting the financial markets all over the European Union, Bulgaria being no exception.     The MiFID II was introduced back in 2014 by Directive 2014/65/EU on markets in financial instruments and Regulation 600/2014/EU on markets in financial instruments. However, it was not until January 3rd, 2018 that they... view more


Prof. Dr. George Dimitrov attended the opening ceremony of the legal year in Italy

Prof. Dr. George Dimitrov, head of the ICT law practice at Dimitrov, Petrov & Co., was invited to attend the traditional opening ceremony of the Italian legal year, which took place on January 27 in Milan with the opening speech of Dr. M. Tavassi, President of the Court of Appeal.     A day before the official ceremony, a conference on “Artificial... view more


New Concessions Act

In State Gazette, issue 96 of December 1, 2017, an new Concession Act (the Act) was promulgated by which two acts were abolished – Concession Act (promulgated in issue 36/2006 of State Gazette) and Public-Private Partnership Act (promulgated in issue 45/2012 of State Gazette)   The adoption of the Act in the national legislation implements the requirements of Directive 2014/23... view more


At the end of 2017, the Value Added Tax Act (VATA) was amended

At the end of 2017, the Value Added Tax Act (VATA) was amended:     •  by Act for Amendment and Supplement to the Tax Insurance Procedure Code (AASTIPC), promulgated in SG, issue 92 of November 17, 2017 (§ 14 of the Transitional and Final Provisions of the Act) and     • by Act for Amendment and Supplement to the Value Added... view more


Bulgarian Electricity Market to be Investigated by the Competition Authority

With a decision from January 22, 2018 the Bulgarian Commission for Protection of Competition (the Commission) has launched a sector inquiry into the Bulgarian electricity market. The last analysis of the electricity markets by the Commission, which revealed a number of competition law violations and lead to the imposing of pecuniary sanctions of approx. EUR 3 mil., was performed almost 5 years... view more


A New Achievement of Dimitrov, Petrov & Co.

Metodi Baykushev, Hristo Nihrizov and Pencho Stanchev, lawyers at Dimitrov, Petrov & Co. Law Firm, achieved success in representing a leading electricity service provider in Bulgaria.    Administrative Court – Sofia upheld their petition for addressing the Court of Justice of the European Union (CJEU) with a request for interpreting the Community law regarding paramount... view more