DEADLINE for Re-registration of Bulgarian Companies - 31.12.2010
September 16th, 2010With reference to the recent amendments made in the Bulgarian Commercial Law and the Commercial Register Law in accordance with the EU Legislation System, herewith we would like to inform you that the company, which you have in Bulgaria, has to be re-registered as required by the provisions of the above quoted laws. An announcement for the compulsory company re-registration was published on our company’s websites:
- on April 4, 2008
- on May 8, 2008
http://www.buy-sell-bulgaria.com/newsletter/2008/05/08/news-%e2%80%93-the-commercial-register/;
- and on June 17, 2009
Most of our clients have already finalized the re-registration process for their companies in Bulgaria.
We would like to inform you that there are only a few months left before the deadline, set by the Commercial Register for completing the company re - registration process, expires.
Herewith we would also like to give you information about the legal consequences which will follow upon failing to perform as required by the new Commercial Law and Commercial Law Register amendments.
You should know that if you have not re-registered your company in due time, upon the expiry of the set term your company will be announced in liquidation, a liquidator will be appointed and the assets of your company will be sold.
To avoid, such an outcome of your investment in Bulgaria, we would like to suggest to you to re-register your company as soon as possible. Do not wait until the last minute to take the necessary actions. To this respect we would like to offer our professional assistance to you.
Our company lawyers are ready to help you step by step in the company re-registering process.
The highly professional lawyers of Eurolink Investment Group will :
- explain in depth the entire procedure to you;
- prepare the necessary documents; and
- give instructions to you where and how to sign.
You can get their professional services for your company re-registration at the highly competitive fee of € 650.
You are kindly invited to contact our legal consultants via e-mail: legal@buy-sell-bulgaria.com or by phone: +359 52 699 731.
We thank you for your valuable time and kind collaboration in advance
Banks sell packages of toxic assets 25% of the value, a rim of the Political Party Rights and Freedom Movement (DPS) allocated € 300 mn for the fraud.
Bulgaria is number one attractive destination for investors. This showed the results of the traditional annual poll of the German-Bulgarian Chamber of Commerce, which was released yesterday. According to it the investors evaluate Bulgaria’s charm for foreign investment with a total score of 2.4 at a maximum of 1 rating. Second, the German contractors rated their own country with an assessment of 2.9, followed by Slovenia, Slovakia and Poland, while China ranks only sixth for attractiveness. “93% of surveyed German companies are extremely pleased with chosing Bulgaria as an investment location and would not look for other places to invest their money”, said Mitko Vassilev, Chief Executive of the chamber. Over the past 8-9 years the trade turnover between Bulgaria and Germany has been constantly increasing, and 2008 was a record-breaking, Vassilev reminded. A turnover of € 4 bn was reported at that time. As a result of the economic crisis in 2009 there was a decline by 20% representing a turnover of € 3.3 bn, said Vassilev. The major loser of the reported decrease in his view, however, is Germany. The proof of that is the fact that in 2009 export to Bulgaria has decreased by 20%.
