New member of PETERKA & PARTNERS Bulgaria team
As of 15 March 2018, Veronika Andreeva joined the team in Sofia as a Junior Associate. Having completed her education both in Bulgaria and in the U.K. and gained experience in a renowned law firm by dealing with various Labour, Corporate and Tax Law matters Veronika will strengthen the team’s expertise and share valuable experience.
Joint Seminar of PETERKA & PARTNERS Bulgaria and TMF Services Bulgaria
PETERKA & PARTNERS Bulgaria and TMF Services organized a joint seminar held on 20 February in Sofia. The speaker from our side was Plamen Peev, Partner and Director of the Bulgarian office, who acquainted the audience with topical issues related to the abuse of commercial negotiations. Stefan Dimitrov, Managing Director of TMF Services Bulgaria, enlightened […]
New stabilization procedure in Bulgaria for traders in financial distress
Svetlana Todorova, Senior Associate at PETERKA & PARTNERS and member of the Litigation and Insolvency Practice, has written an article focusing on amendments to the Bulgarian Commerce Act related to traders experiencing financial difficulties. The opportunity to undergo a procedure for restructuring of their obligations has been available since 1 July 2017 and it reflects […]
ECJ Coty ruling: Suppliers of luxury goods may prohibit authorized distributors
In the ECJ´s ruling of 6 December 2017, the Court has ruled that selective distribution systems that aim to preserve the luxury image of products do not violate European competition law by restricting third-party online platform sales, and confirmed that platform bans are not hardcore restrictions of competition. The Court ruled that online platform bans […]
Georgi Kanev at Copyright Seminar
Senior Lawyer Georgi Kanev spoke at a seminar focused on copyright last week in Sofia, Bulgaria. Georgi was one of two speakers to share their thoughts on copyright-related matters. Georgi discussed the creation of copyrighted works under both Bulgarian and US copyright law (e.g., one of the ways to have in place “work made for […]
Georgi Kanev attended the first Digital Unconference
Georgi Kanev, Senior Associate at PETERKA & PARTNERS Bulgaria, and member of Law of Information Technologies, attended the first Digital Unconference held in Sofia on the 26th of October, organized by the Digital National Alliance www.digitalunconference.com. Unlike traditional conferences, the event involved the active participation of all attendees in discussing topical issues regarding the digital […]
The new legislative amendments in the EU Trade Mark Reform
Georgi Kanev, EU Trade Mark and Industrial Design Attorney and Senior Associate at PETERKA & PARTNERS, has written an article on the latest developments of the biggest reform in the EU Trade Mark law in more than twenty years. The new legislative acts and amendments will go into effect on 1 October 2017. The time […]
PETERKA & PARTNERS article published in CEE Legal Matters
An article, written by Dimitar Stoimenov, formerly of PETERKA & PARTNERS Bulgaria, dedicated to corporate control mechanisms in Bulgarian companies, was published on 21 June 2017 on the website of the magazine CEE Legal Matters. The article presents an overview of the Bulgarian regulations, and practical insight in regards to acquisition and post-closing matters. The […]
New tax return rules
Corporate income tax returns shall be submitted only electronically, using a valid electronic signature, as of 1 January 2018. Also, both corporate and personal income tax payers are entitled to submit a one-off correcting tax return in the case of mistakes identified in the annual tax return by 30 September of the year in which […]
Proportional VAT deduction
Taxable persons will be obliged to claim proportional VAT credit upon the acquisition of non-current assets with mixed (both private and business) use. The deductible proportion will be determined on the basis of certain criteria that take into account the type of the asset.