The state of emergency in Bulgaria imposed due to the coronavirus continued until 13 May 2020. After that date The Bulgarian Government rescinded the state of emergency, however maintained a number of anti-epidemic measures. The latter are currently scheduled to be observed until 14 June 2020. As a result, the Bulgarian Parliament adopted a Law […]
The Government of the Republic of Bulgaria has approved the Portfolio Guarantee Program to support the liquidity of micro, small and medium-sized enterprises (SMEs) affected by the COVID-19. The implementation of the Program is entrusted to the Bulgarian Development Bank AD, which has already signed agreements with the first four credit institutions that begin work […]
The Law on Measures and Actions during the State of Emergency, announced by a decision of the National Assembly as of March 13, 2020, promulgated in the State Gazette, issue 28 of 24.03.2020, introduced extended deadlines for declaring and paying the various types of taxes. The 2019 annual reporting on corporate income tax, expenses tax, […]
At the end of April 2020, the National Assembly of Bulgaria adopted amendments to the Law on the Commercial Register and the Register of Non-Profit Legal Entities (hereinafter only the Law or LCRRNPLE). The amendments to the Law aim on the one hand to reduce the administrative burden for businesses and on the other hand […]
The Law on Measures and Actions during the State of Emergency, promulgated by a decision of the National Assembly on March 13, 2020, introduced amendments to the Labor Code. They are mainly related to the possibility of work from home or performance of tasks from distance during the state of emergency, regardless of the consent […]
On 1 April 2020 in the State Gazette was published Ordinance № 55 laying down the conditions and procedure for payment of compensation to employers in order to preserve the number of employees in the period of state of emergency, announced by a decision of the National Assembly of 13 March 2020 (hereinafter referred to as Ordinance № 55). Two weeks after the […]
As of 13 March 2020, the Bulgarian Parliament enacted the State of Emergency Act and declared a state of national emergency, initially set to last a month and subsequently extended by amendments to the act as of 9 April (“Amended Act”), to end on 13 May 2020. In compliance with the law, the Bulgarian government […]
On 1 April 2020 in the State Gazette was published Ordinance № 55 laying down the conditions and procedure for payment of compensation to employers in order to preserve the number of employees in the period of state of emergency, announced by a decision of the National Assembly of 13 March 2020 (hereinafter referred to […]
The Law on Measures and Actions during the State of Emergency, promulgated by a decision of the National Assembly on March 13, 2020, introduced amendments to the Labor Code. They are mainly related to the possibility of work from home or performance of tasks from distance during the state of emergency, regardless of the consent […]
The Law on Amendments to the Law on Measures and Actions during the State of Emergency, promulgated by a decision of the National Assembly of 13 March 2020, entered into force on 9 April 2020. The amendments not only change some of the existing texts, but also create completely new provisions. Such new text is […]
The Law on Measures and Actions during the State of Emergency, announced by a decision of the National Assembly as of March 13, 2020, promulgated in the State Gazette, issue 28 of 24.03.2020, introduced extended deadlines for declaring and paying the various types of taxes. The 2019 annual reporting on corporate income tax, expenses tax, […]
The state of emergency in the Republic of Bulgaria regarding the coronavirus threat was announced on 13 March. Only three days later – on 16 March, the National Assembly has received a draft law on measures during the state of emergency. It provides for a number of restrictions to ensure the prevention, limitation and control […]