Nearly a month following the declaration of a state of emergency, the Association of Banks in Bulgaria announced that it would apply the so-called private moratorium on credit payments in connection with COVID-19. This measure, aimed at stabilizing and supporting the business, has been approved by the Bulgarian National Bank (BNB) in accordance with guidelines adopted by the European Banking … Continue reading The private moratorium on credit payments – banks supporting the business
The new reality of a state of emergency poses numerous challenges for employers regarding productivity, security and personal data. Just two weeks ago home office was simply one of the flexible mechanisms for organizing the work process. It was used periodically, mainly by big companies and as a bonus for employees – you do not have to commute to the … Continue reading The challenge of home office
The emergency status quo caused by the coronavirus increases the risk of property crimes and cyber attacks. In times of crisis, emergency status quo and social isolation people are inclined to act recklessly, hastily or to make decisions under the influence of strong emotions. The public panic regarding COVID-19 is a favourable environment for committing crimes. When people feel threatened … Continue reading Frauds and safety in times of emergency
Vladislav Goranov and Emil Karanikolov, ministers of finance and of economy, announced support measures for the economic life and the businesses most affected by the emergency situation. The ministers are hoping that with the proposed measures enterprises shall be stimulated enough so that they could continue functioning. The measures are divided into two categories and their purpose is to ensure … Continue reading Emergency business support measures in times of crisis caused by COVID-19
Mihail Stankov, Attorney-at-law and Hristo Hinkov, Attorney-at-law, after successfully sitting an exam for acquiring the qualification “Syndic”, have been included in the list of the individuals, authorized by the Ministry of Justice, who can be assigned as syndics in bankruptcy proceedings under the Commercial Code. Stankov, Todorov, Hinkov & Spasov, Attorneys-at-Law, has abundant experience regarding cases of bankruptcy. In some … Continue reading Mihail Stankov and Hristo Hinkov, Attorneys-at-law acquired the qualification “Syndic”
The topic of the dissertation is “Recognition and enforcement of foreign judgments of civil and commercial cases”. Mihail Stankov, Attorney-at-law, successfully defended a PhD in the category 3.6 Law /Private International Law/ with a dissertation on the topic “Recognition and enforcement of foreign judgments of civil and commercial cases”. The public defense took place in the Rectorate of Sofia University … Continue reading Mihail Stankov, Attorney-at-law earned a PhD in Private International Law
From February 16th 2019 a new Regulation 2019/1191 is in force. Its purpose is to encourage the free movement of citizens by simplifying the requirements for presenting some official documents in the European Union. The adoption of the Regulation is a result of the development of the relationships between people and businesses from different member states. The aim is to reduce … Continue reading Which official documents will not require legalization or Apostille?
BBLF’s 11th Annual Charity Ball gathered together over 100 renowned representatives of the responsible business Stankov, Todorov, Hinkov & Spasov, Attorneys-at-Law, participated in the traditional Annual Ball, organized by the Bulgarian Business Leaders Forum (BBLF), that gathered the responsible companies in help of social charities. The 11th Gala Night took place on 30th January 2019 in Hotel Balkan. Official guests … Continue reading BBLF has raised BGN 46 000 for healthcare and education charity causes
“In support of children with severe illnesses and disabilities” is the theme of this year’s edition of The Bulgarian Christmas Charity Initiative. This year the campaign’s goal is to help children with severe illnesses and disabilities by providing state of the art high tech equipment and supporting the complex care for them. Thanks to the empathy of virtuous Bulgarians, the … Continue reading The sixteenth edition of the Bulgarian Christmas launches
The new requirements for data protection come into force on 25 May 2018. Failure to comply with them can lead to very large sanctions for companies. The period in which all individuals, legal entities, companies, state institutions, non-government organizations, school institutions, hospitals, political parties as well as all others that process personal data have to undertake the necessary precautions to … Continue reading Is your company ready for GDPR?
Greater flexibility and reducing the administrative burden – these are only a part of the advantages of the staff leasing, discussed during the presentation “Staff Leasing – What is It and How It Could Benefit Business”. The event was organized by Stankov, Todorov, Hinkov & Spasov, Attorneys-at-Law in cooperation with CIG Bulgaria Ltd. and the Bulgarian-Swiss Chamber of Commerce. The seminar was … Continue reading Stankov, Todorov, Hinkov & Spasov co-organized presentation about the staff leasing
Regarding the expansion of its activity, Stankov, Todorov, Hinkov & Spasov, Attorneys-at-Law is looking for new members of its team. The law firm is recruiting attorneys-at-law who specialize in contractual law, tax law and labour law. Compulsory requirements: Master’s Degree in Law At least three years of court practice Excellent English Advantages: Experience with international clients Other foreign languages Additional qualifications in the … Continue reading Stankov, Todorov, Hinkov & Spasov announces a competition for lawyers
Our colleague Radostina Hadzhieva was a guest of Business Start – the morning show of Bloomberg TV Bulgaria, where she discussed the risks of buying real estate “on the green”. You can watch the interview here. Click here for Radostina Hadzhieva’s article on the subject.
Teodor Todorov, Attorney-at-law was a guest of the morning show of Bloomberg TV Bulgaria – Business Start. Click here for the interview. Click here for Teodor Todorov, Attorney-at-law’s article on the new regulations on cash payment limits.
Stankov, Todorov, Hinkov & Spasov, Attorneys-at-law have gathered their friends, associates and clients to officially introduce their new office premises. In the summer of this year firm’s office moved to one of the oldest and most beautiful buildings on the Shishman str., a few steps away of the yellow pavement. At the event Michael Stankov, Attorney-at-law thanked guests for the … Continue reading Stankov, Todorov, Hinkov & Spasov, Attorneys-at-Law New Office Opening Party
Stankov, Todorov, Hinkov & Spasov, Attorneys-at-law welcomes its clients and partners at a new address. The Law firm has moved to 5 Shishman str. in a large and spacious office, which could accommodate the increased team of the company and to provide comfort and convenience for the visitors. The office is a few steps away from the yellow pavement and … Continue reading Stankov, Todorov, Hinkov & Spasov with new office
13 companies were officially welcomed into the community of the Bulgarian Business Leaders Forum (BBLF) – the most established association in the country with a focus on the values of business ethics and corporate social responsibility. Newcomers of the Forum this year – Law Firm Wolf Theiss, Law Firm Stankov, Todorov, Hinkov and Spasov, British American Tobacco, Dental Clinic Peter … Continue reading New Faces in the Community of Responsible Business
Seminar оn the “Recent trends in taxation of corporate tax and VAT” was held on 30.09.2015 by Deloitte Bulgaria and the German-Bulgarian Chamber of Commerce. The aim of the seminar has been to inform the participants about the BEPS Project (Base Erosion and Profit Shifting) of the Organization for Economic Cooperation and Development of G-20. The new elements in tax … Continue reading Recent Trends in Taxation of Corporate Tax and VAT
As of 07.17.2015 the amendments in the Labor Code have been in force. They affect some of the most important issues in labor legislation subject to numerous discussions and disputes. Here are the most significant amendments: Employment contract for short-term seasonal agricultural work: A new Art. 114a has been created regulating the employment contract for short-term seasonal agricultural work. The … Continue reading Amendments in Labor Code
On 24.07.2015 the amendments to the Protection of Competition Act were promulgated. The most significant change is in Art. 1, whereby the scope of public relations regulated by the PCA has been set. The amendment expands the subject of the Act with the prohibition for "abuse of a stronger negotiating position." The Act forbids the company with a stronger position … Continue reading Amendments to the Protection of Competition Act