Increase of minimum insurable income
The minimum insurable income threshold has been increased along with the minimum monthly salary from EUR 214 to EUR 235 as of 1 January 2017. The thresholds of the insurable income vary with respect to different economic activities and professions and affect social security and health insurance contributions.
Changes to rules on disclosure of information by energy undertakings in Bulgaria
After changes to the Public Offering of Securities Act (POSA) passed in June 2016, energy undertakings in Bulgaria meeting certain criteria have been obliged to report to the Financial Supervision Commission (FSC) in accordance with the general rules on disclosure of information under the POSA.New amendments to the POSA entered into force in August 2017 […]
PETERKA & PARTNERS Bulgaria assists Future Thinking
Following comprehensive legal assistance to Future Thinking in the course of the acquisition of the Bulgarian-based data science and analytics market research business GemSeek Consulting, PETERKA & PARTNERS recently advised and assisted the client with modifications to the local collateral related to the transaction. The team was led by Senior Associate Svetlana Todorova.
New member of PETERKA & PARTNERS Bulgaria team
As of 1 June 2017, the team in Sofia was strengthened by Georgi Kanev who joined the office as a new Senior Associate. Having already gained solid experience within reputable local and international law firms, Georgi will bring to the firm valuable expertise, especially with regard to IP matters, an area in which he has […]