20 years together

Inactive companies in 2018 benefit from a simplified procedure for annual financial closure

Until 31 March 2019 undertakings which did not carry out business activity in 2018 should declare this circumstance before the Commercial Register. In general, all companies and non-profit legal entities are obliged to submit their annual financial statements and activity report for the past fiscal year by June 30, 2019. This obligation, however, does not apply to companies which did... view more


All legal entities to declare their UBO by May 31, 2019

The amendments to the Bulgarian Anti-money laundering legislation have imposed new specific requirements to the Bulgarian legal entities. Some of them refer only to the obliged entities specified in the Measures Against Money Laundering Act (MAMLA). However, the obligation to disclose the ultimate beneficial owner (UBO) is affecting all legal entities registered in the Republic of Bulgaria.... view more


Promotions at DPC: A new partner and two more senior lawyers

Dimitrov, Petrov & Co. Law Firm has nine partners and two more senior lawyers with effect as of 1st March 2019. Att. Bilyana Angelova is the newly promoted Partner in the office. She joined the team in 2009 as a trainee and now heads the Intellectual Property Law Practice Group of DPC. Bilyana consults prominent clients from various industry sectors and her achievements are... view more


A team from Dimitrov, Petrov & Co made a strategic registration of Alternative Investment Fund Manager

Following the first investment firm license issued in accordance with the MiFID II regulations, Dimitrov, Petrov & Co’s experts successfully completed another significant project contributing to the development of capital markets in Bulgaria. Neveq Management OOD entrusted the registration of the company as an Alternative Investment Fund Manager (AIFM) to the experienced attorneys... view more


„Dimitrov, Petrov & Co.” Law Firm supports an international competition for law students

Sofia VIS Pre-Moot, a competition in international trade arbitration and international trade law will take place in Sofia in the period between 8 and 10 March 2019, hosted by the Bulgarian Chamber of Commerce and Industry. This is the fifth edition of Sofia VIS Pre-Moot, in which, in a mock arbitration process related to the application of the Vienna Convention on the Sale of Goods (CISG),... view more


FAC-1 Framework Alliance Contract with Bulgarian edition

A working group led by att. Boyana Milcheva, partner at Dimitrov, Petrov & Co. Law Firm and head of Construction and Tax Law Practice Groups, is the author of the Bulgarian version of the Framework Alliance Contract, known as FAC-1. What is FAC-1? The Framework Alliance Contract FAC-1 is a versatile standard contract which can be used in different jurisdictions by both private... view more


Bilyana Angelova is among the trainers in the first edition of the EUIPO Trade Mark and Design Education Programme

The Dimitrov, Petrov & Co. leading expert in intellectual property law Bilyana Angelova is one of the teachers in the first edition of the Trade Mark and Design Education Programme of the European Union Intellectual Property Office (EUIPO). The course runs from September 2018 to June 2019 combining e-learning, live-streamed presentations and face-to-face sessions. The education... view more


New “employment quota” will ensure the employment of people with permanent disabilities

On January 1, 2019 the Persons with Disabilities Act (PDA) entered into force. The Act establishes new tools for assessment of people with disabilities’ needs and introduces obligations for some of the employers.  Enhanced policy to ensure the employment of people with permanent disabilities Firstly, the PDA introduces the so-called “employment quota” according to... view more


The first MiFID II license issued in Bulgaria is for a client of „Dimitrov, Petrov & Co.“

The first license for an investment firm issued in the past years by the Financial Supervision Commission (FSC) under the rules of the Directive on markets in financial instruments (MiFID II) finally became a reality as a result of the precise work of Dimitrov, Petrov & Co.’ lawyers team. By its decision of 6th December 2018, the FSC issued a license to Vaha Trade EOOD for operating... view more