Lexology In-Depth – Patent Litigation – Bulgaria (EN)
Lexology In-Depth – Patent Litigation – Patent Litigation_ Bulgaria
Bulgaria – Private enforcement (EN)
Bulgaria – Private enforcement (DLC)(Delchev & Partners)((2026) Private enforcement in Bulgaria: Private enforcement in Bulgaria has been possible ever since Bulgaria acceded to the European Union back in 2007. However, it has not been quite popular through the years and it is only recently that there has been any real development in that area. The most important developments concern: the relation between private and public enforcement; and the nullity under Article 101(2) of TFEU and its corresponding national provision of Article 15(2) of the Bulgarian Protection of Competition Act (PCA); Older case prior to the Private Damages Directive maintained that … Continue reading
Bulgaria – National Vertical Block Exemption (EN)
Bulgaria – National Vertical Block Exemption (DLC)(Delchev & Partners)(2026) National vertical block exemption in Bulgaria: The provision of Article 101 of TFEU in Bulgaria is reproduced in several different articles of the Protection of Competition of Act (PCA), eg; Article 15 of PCA provides for a general prohibition and the voidness as a consequence; Article 17 of PCA provides for the possibility of (individual) exemption, explicitly stipulating that proving the circumstances for this is the obligation of the undertaking that benefits from them. In addition to the above, Article 18 of PCA provides for the possibility of block exemption, and … Continue reading
National specifics of vertical agreements in Bulgaria (EN)
National specifics of vertical agreements in Bulgaria Agency v distribution agreements in civil law. In Bulgarian civil case law there is a strict differentiation between commercial agency agreements and distribution agreements. While commercial agency is expressly provided for in the law (ie there are statutory rules on this type of agreement), distribution agreements are only based on the general freedom to contract. Bulgarian case law is unambiguous that civil law rules on commercial agency (eg indemnity upon termination, etc) may not apply by analogy to distribution agreements as may be the case in some other member states. Broader … Continue reading
Lexology In-Depth – Patent Litigation – Patent Litigation Bulgaria (EN)
EDITION 8 Contributing Editor Trevor Cook Bird & Bird LLP In-Depth: Patent Litigation (formerly The Patent Litigation Law Review) provides a perceptive overview of patent litigation procedures in major jurisdictions worldwide, while also examining the practical implications of the most important recent court decisions. In addition, it offers useful insights into the current controversies that affect patent law generally. Generated: October 16, 2024. The information contained in this report is indicative only. Law Business Research is not responsible for any actions (or lack thereof) taken as a result of relying on or in any way using information contained in this … Continue reading
Variable Capital Company (EN)
Variable Capital Company The Act for Amendment and Supplement of the Commerce Act which was promulgated in State Gazette No. 66/01.08.2023 introduces a new type of company to the Bulgarian commercial legislation – Variable Capital Company (VCC). The Registry Agency shall start the registration of VCCs not later than 30.06.2024. I. Overview The VCC aims to provide start-up companies with accessible form to develop their new business and attract external investors. This is accomplished by combining elements typical for the Limited Liability Company (LLC) and the Joint-Stock Company (JSK) as well as by introducing optional provisions that have already been … Continue reading
Mid-Year Tax Update
At the end of July 2023 the Bulgarian Parliament adopted the long-overdue 2023 State Budget Act and the 2023 State Social Security Budget Act together with some changes to the tax and social security legislation, many of which aim at tackling the grey economy and battling tax evasion. The 2023 budget acts were published in the Bulgarian State Gazette No. 66 dated 1 August 2023. Repeal of the zero excise on LPG, natural gas and electricity As of August 1, 2023 the zero excise rate on the following products was repealed: • LPG and natural gas used as motor fuels; … Continue reading
Tax Measures for Tackling the Increasing Energy Prices in Europe: An update from Austria, Bulgaria, Germany, Poland, Sweden, and the United Kingdom
In the wake of the energy crisis, the European Union and national governments have implemented various fiscal measures to relieve the strain on economies and help EU industries and citizens deal with rising energy prices. Tax is one of the most effective short-term solutions to level the playing-field whenever energy prices soar. By the end of 2022, the EU had introduced several temporary measures such as a “solidarity contribution” levied on the “surplus taxable profits” of companies in the oil, gas, coal, and refinery sectors; as well as a revenue cap on companies generating low-cost electricity from wind, solar, and … Continue reading
New permanently reduced VAT rates and extension of certain temporary reduced rates in Bulgaria as of 01.01.2023
Introduction of new permanently reduced VAT rates and extension of certain temporary reduced rates in Bulgaria as of 01.01.2023 At the end of 2022 the Bulgarian Parliament extended the period of the reduced VAT rates on certain supplies of goods and services and transformed some of the temporarily reduced VAT rates into a permanent measure. The amendments to the Value Added Tax Act were published in the Bulgarian State Gazette No. 102 on 23 December 2021 and come into force on 1 January 2023. Supplies subject to reduced 9% VAT rate What was initially adopted as a … Continue reading
Higher VAT registration turnover for businesses established in Bulgaria in 2023
Higher VAT registration turnover for businesses established in Bulgaria in 2023 As of 1 January 2023 taxable persons established in Bulgaria will be subject to a mandatory VAT registration when they reach a taxable turnover of BGN 100 000 (EUR 51 130) for a period encompassing the current month and 12 consecutive month prior to the current month. The VAT registration turnover doubles compared to the BGN 50 000 (EUR 25 565) threshold which applied before the amendment. The significant increase in the turnover requiring a VAT registration is designed as a tax relief measure for SMEs which now … Continue reading
