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Critical PHP Vulnerabilities: What Are the Risks for Businesses and How Should You Respond?

On 21 October 2026, updates were released for two critical vulnerabilities in PHP - a technology widely used for websites, online stores, and business applications. The vulnerabilities may expose companies to the risk of unauthorized access to systems and data, including where the maintenance of the relevant services has been outsourced. This alert summarizes the specific steps companies should verify with their IT teams and the legal obligations that may arise if an incident is identified.

The EmpCo Directive: Stricter Rules on Green Claims

ESG in Bulgaria after the Omnibus: A Lighter Reporting Landscape

Crypto is no longer invisible to the tax authorities

Conversion of share capital in connection with the introduction of the euro

The official introduction of the euro as the currency of the Republic of Bulgaria has a number of legal consequences for commercial companies, one of which is related to the conversion of company capital from levs to euros

DPC advised the sale of HackSoft to Waracle

We have provided legal support and assistance to Hacksoft on corporate, tech, and IP matters since its very beginning more than eight years ago

Radina Tomanova

Craft and Industrial Geographical Indications: The New Registration Procedure

The upcoming EU framework and national legislative changes create new opportunities for Bulgarian producers to secure broader protection for Craft and Industrial Geographical Indications, further consolidating Bulgaria’s leading position in the sector

IBEX Introduces 15-Minute Intervals in the Day-Ahead Market From 1 October 2025

The transition from the current 60-minute intervals to 15-minute intervals follows the framework of the EU Single Day-Ahead Coupling (SDAC) and aligns the Bulgarian market with the wider European practice.

Pencho Stanchev

Bulgaria’s 2025 Arbitration Law Amendments: A Step Toward Transparency or a Threat to Arbitration Autonomy?

Effective 1 August 2025, Bulgaria introduced significant amendments to its arbitration law, retitled from the International Commercial Arbitration Act (ICAA) to the broader Arbitration Act (AA). While the reform includes two welcome developments – the reinstatement of public policy as a ground for setting aside of arbitral awards and the removal of burdensome formalities in the enforcement of foreign awards – most changes raise substantial concerns about the autonomy and practical viability of arbitration proceedings seated in Bulgaria.

Pencho Stanchev

Changes in Condominium Ownership Rules and a Draft Ordinance for a Unified Information System

The Ordinance sets out a clear procedure for registration, description of the necessary requirements and list of documents to be submitted to UISCO.

Pavlina Ivanova

DPC advised the final acquisition of Evolink by DHH

Having advised the first stage of the deal a couple of years ago, our experts now assisted in finalizing the acquisition.

New FDI screening regime in Bulgaria

After a long wait since early 2024, Bulgaria’s national mechanism for screening of foreign direct investments officially came into effect on 22 July 2025, in accordance with Regulation (EU) 2019/452. This is now a fact following the promulgation of amendments to the Rules on Implementation of the Investment Promotion Act.

Dual price display and currency exchange in the context of euro adoption

After successfully completing all approval procedures, Bulgaria has formally adopted the euro as its national currency, which will enter circulation as legal tender starting from January 1, 2026.

Yordanka Dimova, PhD

October 21, 2026

Critical PHP Vulnerabilities: What Are the Risks for Businesses and How Should You Respond?

On 21 October 2026, updates were released for two critical vulnerabilities in PHP - a technology widely used for websites, online stores, and business applications. The vulnerabilities may expose companies to the risk of unauthorized access to systems and data, including where the maintenance of the relevant services has been outsourced. This alert summarizes the specific steps companies should verify with their IT teams and the legal obligations that may arise if an incident is identified.

Desislava Krusteva

October 22, 2026

The EmpCo Directive: Stricter Rules on Green Claims

From 27 September 2026, public sustainability claims will face clearer and more targeted legal scrutiny. This is particularly relevant for companies operating in Bulgaria

Ana-Mari Eremieva

October 19, 2026

ESG in Bulgaria after the Omnibus: A Lighter Reporting Landscape

Тhe Omnibus has reduced mandatory ESG reporting obligations for most Bulgarian companies and mandatory reporting is now unlikely to apply for them

Ana-Mari Eremieva

October 14, 2026

When Algorithms Decide Who Gets to Work: Key GDPR Lessons from the Uber Fine

Uber’s record GDPR fine highlights the importance of transparency, human oversight and effective safeguards in automated decision-making

Prof. Martin Zahariev, PhD

EU AI Omnibus: A Practical Implementation Roadmap for Businesses

What businesses should do now

Prof. Martin Zahariev, PhD

September 1, 2026

Why Bulgaria may be one of the smartest routes into the EU crypto market

With the end of MiCA’s transitional period, Bulgaria is emerging as an attractive gateway to the EU crypto market by offering a clear regulatory framework, competitive tax and operating conditions, and a MiCA license that enables CASPs to passport their services across the entire European Economic Area

August 25, 2026

Crypto is no longer invisible to the tax authorities

DAC8 makes crypto transactions more transparent to EU tax authorities, requiring crypto service providers to report client transaction data while not introducing new tax obligations for crypto holders.

Ivan Alexander Manev

Bulgaria strengthens AML governance requirements for banks

The latest amendments to the Credit Institutions Act introduce important changes to the regulatory framework for banks, further integrating anti-money laundering and counter-terrorist financing requirements into prudential supervision

Tsvetelina Koleva

Working from home in Bulgaria: Permanent establishments in the age of remote work

The rise of remote and hybrid work has blurred not just the boundary between professional and personal life, but also the tax boundaries between countries. For foreign companies a deceptively simple arrangement such as a person at a laptop in a Sofia apartment, can have significant corporate tax consequences. With this article we would like to offer a brief overview of the issue, how Bulgarian tax authorities currently approach it, and where the law is heading.

Ivan Alexander Manev

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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