Services and prices
Legasolution offers a variety of services in different branches of law in Bulgaria. Some of them are listed below, however, the company jurists would be also able to offer legal assistance on matters pertaining to other legal issues.
If you want to be provided with a certain service, you need to state so here, as well as to send us a filled-in questionnaire which contains answers to some significant questions related to your particular case. After you present this general information to us, we will prepare the necessary documents, including a version in a language you speak. Thereafter, we will send you the documents by e-mail, accompanied by instructions about notary certification of some of the documents, if such is needed. You will have to print them out, sign them, have them notarized and send them back to our postal address. If you would like to receive legal assistance in a branch or sphere which is not listed below, please contact us and describe briefly your case.
Some of the services listed below have a price stated for them – i.e. this is the final remuneration for which you will be provided with the service. For the other part of the services offered, the price will be determined in view of the complexity and duration of the service and the value of the input resources and charges.
- I. Corporate and commercial law in Bulgaria
- 1. Registration of commercial companies in Bulgaria
- 2. Change in circumstances about commercial companies, subject to entry in the registers
- 3. Re-registration of commercial companies
- 4. Transfer of shares in commercial companies
- 5. Transformation of commercial companies
- 6. Liquidation of commercial companies
- 7. Current consultancy servicing of commercial companies
- 8. All kinds of commercial transactions - commercial sales, agency contracts, operating and finance lease etc.
- II. Legal assistance in the field of real estates in Bulgaria
- 1. Legal assistance in the acquisition of a real estate or asset acquisition
- 2. Legal assistance in the sale of a real estate or asset
- 3. Legal assistance in the acquisition of a company which owns a real estate
- 4. Legal assistance with property management
- III. Accountancy consultations and tax law
- 1. Annual closing of accounts of commercial companies in Bulgaria
- 2. Tax law consultations related to the business of commercial companies
- IV. Contractual law
- 1. Drawing up drafts of contracts and unilateral transactions, consistent with the specifics of the activity of each client
- 2. Preparing legal opinions on the performance/non-performance of contracts
- 3. Collaterals – mortgages, pledges etc.
- V. Industrial property law
- 1. Registration of trade marks
- 2. Drawing up licence agreements and contracts for cession of exclusive and non-exclusive industrial property rights
- VI. Representation in legal procedures
- 1. Conducting procedures for obtaining writs of execution and immediate execution
- 2. Initiation of and representation in various claims proceedings
- 3. Injunction proceedings to secure a debt
- 4. Conducting execution proceedings in order to collect debts
- I. Corporate and commercial law in Bulgaria
- 1. Registration of commercial companies in Bulgaria
- 2. Change in circumstances about commercial companies, subject to entry in the registers
- 3. Re-registration of commercial companies
- 4. Transfer of shares in commercial companies
- 5. Transformation of commercial companies
- 6. Liquidation of commercial companies
- 7. Current consultancy servicing of commercial companies Every commercial company which is operating, even though it does not carry out an active business activity, needs current consultancy servicing. If you have a company in Bulgaria but reside outside the country and are not able to take care of the current tasks which are related to the servicing of your company, we can take charge of that instead of you. This service includes:
- 8. All kinds of commercial transactions – commercial sales, agency contracts, operating and finance lease etc.
- II. Legal assistance in the field of real estates in Bulgaria
- 1. Legal assistance in the acquisition of a real estate or asset acquisition If you intend to acquire a real estate or an asset in the country and you need legal assistance, we can offer you competent protection. The service includes:
- 2. Legal assistance in the sale of a real estate or asset If you have a property or an asset in Bulgaria which you want to sell and you need legal assistance, we can offer you competent protection. The service includes:
- 3. Legal assistance in the acquisition of a company which owns a real estate If you want to buy a real estate but you are offered to buy directly the company which owns it, you need advice and consultation. We offer you a complex service which includes:
- 4. Legal assistance with property management If you have a property in Bulgaria but do not reside permanently in the country, you need someone to take charge of the property at all times. We can help you! We offer a complex service for management of your property which includes:
- III. Accountancy consultations and tax law
- 1. Annual closing of accounts of commercial companies in Bulgaria If you have a Bulgarian company, you know that in accordance with the Bulgarian legislation, every Bulgarian legal entity has to submit to the National Revenue Agency, by 31st March every year, an annual tax return and a balance sheet for the preceding year of its existence. Respectively, depending on the accountancy result, the company has to pay the due taxes, charges and social security contributions arising out of the business carried out. In addition to that, every company which has already been re-registered in the Commercial Register is obliged, by 30th June every year, to publish its financial report and balance sheet in the Commercial Register. We can help you if you need assistance in this regard. The service includes:
- 2. Tax law consultations related to the business of commercial companies If you need consultations in the field of tax law, you can address us. Our consultants will provide you with advice in the following fields:
- IV. Contractual law
- 1. Drawing up drafts of contracts and unilateral transactions, consistent with the specifics of the activity of each client
- 2. Preparing legal opinions on the performance/non-performance of contracts
- 3. Collaterals – mortgages, pledges etc.
- V. Industrial property law
- 1. Registration of trade marks Every business is related to the development and promotion of industrial property products which need to be protected in accordance with the Bulgarian and/or European legislation!
- 2. Drawing up licence agreements and contracts for cession of exclusive and non-exclusive industrial property rights
- VI. Representation in legal procedures
- 1. Conducting procedures for obtaining writs of execution and immediate execution
- 2. Initiation of and representation in various claims proceedings If you have unsettled relations with your partner and you have to refer the matter to the court, we could offer you appropriate protection of your interests, as the service includes the following:
- 3. Injunction proceedings to secure a debt
- 4. Conducting execution proceedings in order to collect debts
If you want to start a business in Bulgaria or you are a foreigner and want to acquire a real estate – land, in the territory of the country, you will need a company, registered in Bulgaria. We can help you. Send us an enquiry here. Your newly established company will be registered within 14 business days at the latest, as from receipt of the documents sent by you, provided that they have been correctly drawn up, signed and certified, as well as after payment of the fee due for the service.
Your signature on some of the documents, needed for the registration, have to be certified by a notary. For more information, please read here.
Cost of the service for registration of a limited liability company: 250 euros VAT included. This is the final value of the service which includes all registration charges, including the core capital of the company to the amount of 10 bulgarian levs!
If you have a company registered in Bulgaria and you want to make some changes in it – for example, to accept or expel a partner/shareholder, to appoint a new manager, to change the registered office address or the company name – these circumstances about your company have to be entered in the Commercial Register in compliance with the respective procedures. For that purpose, your company has to be re-registered, i.e. to have been already registered in the Commercial Register. However, together with the company re-registration it is possible to register the change of these circumstances. The changes in your company will be made within 14 business days at the latest, as from receipt of the documents sent by you, provided that they have been correctly drawn up, signed and certified, as well as after payment of the fee due for the service.
Depending on the change in the circumstances that you require, there is a possibility that your signature on some of the documents might have to be certified by a notary. For more information, please read here.
Cost of the service for change in circumstances about a limited liability company: 200 euros VAT included. This is the final value of the service which includes all charges due for the procedure!
If you have a commercial company registered in Bulgaria in a Company Register at a County Court in the region where the domicile of the company is located, then you should know that the Commercial Register Act introduced the obligation of re-registration of all commercial companies existing under the previous provisions. This re-registration has to be made by the end of 2011. If your company is not re-registered within the said term, the Registry Agency will initiate itself a procedure of entry of your company in the Commercial Register, and at the same time, termination of its activity by means of liquidation. All assets of the company will be liquidated in order to cover the debts of the company to its creditors, if any. A liquidator will be appointed in this procedure, who will be in charge of it without the participation of the partners and managers of the company. Your company will have to pay all costs of the procedure. It is possible, if your company has a real estate, this real estate to be sold at a public sale in order for the debts of the company to its creditors to be paid, however, if there are not any debts, liquidation will be carried out only to cover the costs of the procedure. For more details about the liquidation procedure, please read here.
Our advice is not to allow this outcome!
If you apply for the procedure on our website, your company will be re-registered within 14 business days at the latest, as from receipt of the documents sent by you, provided that they have been correctly drawn up and signed, as well as after payment of the fee due for the service. After completion of the procedure, your company will be entered in the Commercial Register which is available on-line at any moment and allows to be made an enquiry about the entered circumstances related to your company. None of the documents, which you will have to sign in order for this procedure to be carried out, do not have to be certified by a notary. This will save you both time and money!
Cost of the service for re-registration of a limited liability company: 100 euros VAT included. This is the final value of the service which includes all charges due for the procedure!
If you want to terminate or reduce your participation in a Bulgarian commercial company in which you have shares, or if you want to settle your property relations with a partner/shareholder who is leaving the company, we can help you. In order for this proceeding to be implemented, your company has to be re-registered, i.e. to be already entered in the Commercial Register. However, the transfer of shares in the company can be entered at the same time, together with the re-registration of the company. The transfer of shares in the company will be made within 14 business days at the latest, as from receipt of the documents sent by you, provided that they have been correctly drawn up, signed and certified, as well as after payment of the fee due for the service.
Your signature on some of the documents, needed for the transfer of shares, have to be certified by a notary. For more information, please read here.
Cost of the service for transfer of shares of a limited liability company: 250 euros VAT included. This is the final value of the service which includes all charges due for the procedure!
This procedure is applicable in the cases when commercial companies are transformed via merger, bundling, spin-off or separation of companies. This results in amalgamated or separated commercial companies and simultaneous succession of rights and assets between them, and depending on the form of the transformation, it is possible to result in termination of the company which is undergoing the transformation.
In order for this procedure to be carried out, your company has to be re-registered, i.e. to have been already registered in the Commercial Register. However, together with the company re-registration it is possible to register the transformation of the company.
The transformation will be made within 14 business days at the latest, as from receipt of the documents sent by you, provided that they have been correctly drawn up, signed and certified, as well as after payment of the fee due for the service.
Your signature on some of the documents, needed for the transformation, have to be certified by a notary. For more information, please read here.
Cost of the service for transformation of a limited liability company: 450 euros VAT included. This is the final value of the service which includes all charges due for the procedure!
If you have a company in Bulgaria which you do not use and which only generates unnecessary costs, do not hesitate to initiate proceedings for its liquidation. These proceedings, after being successfully completed, in the end will lead to deletion of your company from the Commercial Register. However, there are several peculiarities that you should know. The liquidation proceedings can be implemented in no less than 7 months, and involve two stages. In the course of the proceedings, in all cases it is necessary to interact with the accountants servicing the company, because they have to prepare an opening and liquidation accounting report and balance sheet which have to be submitted to the Commercial Register. A commercial company may enter liquidation proceedings in case of its termination which may be effected after a decision of its partners. The main purpose of the procedure is to collect the company receivables, to cash in the property available, to pay the company debts and to allocate the property left among the partners. The company liquidator, in the general case, is the manager. The proceedings are more complicated if the company has assets, debts, legal relations… The role of the liquidator is to close all pending legal relations, to pay off all debts, to collect the receivables, to sell the company assets, and the amounts left after that to be allocated among the partners.
After we receive the documents from you and provided that they are correctly drawn up, signed and certified, and after payment of the fee due for the service, the liquidation procedure will be initiated. Its final completion may be achieved after no less than 7 months. For more information about these proceedings, please read here.
Your signature on some of the documents, needed for the liquidation, have to be certified by a notary. For more information, please read here.
Cost of the service for liquidation of a limited liability company: 600 euros VAT included. This is the final value of the service which includes all charges due for the procedure, including the drawing up of accounting reports and balance sheets needed for the proceedings. This fee is payable in two portions.
- Monitoring and prompt performance of all registrations required by the laws of the country and submission within the required terms of all statements, data, declarations to the respective state institutions and administrative authorities;
- Organizing the proper and lawful keeping of the company accounts, including the preparation and publishing in the Commercial Register of the annual financial statement and balance sheet of the company;
- Representation of the company before all bodies of the state and municipal administration, (Customs, the Hygienic and Epidemiologic Inspectorate, the State Veterinary and Sanitary Supervision Office, the Directorate for State Building Control, the National Social Security Institute, the Registry Agency – the Bulstat Register, the Commercial Register etc);
- Representation before the authorities of the National Revenue Agency, and submission of any kinds of applications;
This service includes a package of services which are clearly specified and listed above!
However, it is possible, depending on the specific business activity of your company, to offer you a service package suitable for you, which for example may include conducting the business activity, representation before banks, making transactions, purchase of real estates and movable property etc.
We will start rendering the service right after we receive the documents, provided that they are correctly drawn up, signed and certified, as well as after payment of the fee due for the service.
The cost of the service which includes the general package of services for a limited liability company is 500 euros per year VAT included. This fee includes also the drawing up and publishing of the annual financial statement and the balance sheet of the company for the current year. All costs for taxes, charges etc. have to be paid additionally!
If you need a consultation before entering into an important contract, want to establish a legal relation and would like to have a good contract drawn up in order to ensure optimal protection of your interest, or if you need representation with regard to the conclusion of a transaction, we can help you. We offer consultations and drafting of any kinds of contracts, consents, declarations, unilateral transactions etc.
Depending on the specific case, you will be offered a competitive price for the service!
- Analysis of the legal status of the real estate;
- Drawing up and review of the draft documents;
- Participation in negotiations;
- Legal consultations regarding the preliminary contract for the purchase and sale transaction;
- Legal advice with regard to all documents needed for the successful closing of the transaction;
- Legal structuring of the transaction;
- Planning the financing of the transaction;
- Preparing a draft of the title deed and legal consultations related to that;
- Representation before individuals, legal entities and a Notary Public;
- Legal assistance and advice in the performance of the required procedures after execution of the title deed (procedures at the Registry Agency, the National Revenue Agency and other state and municipal authorities).
Depending on the specific case, you will be offered a competitive price for the service!
- Review of the legal status of the documentation regarding the property;
- Obtaining the documents needed for the sale;
- Taking part in negotiations with the buyers;
- Consultations regarding the draft of the preliminary contract for purchase and sale;
- Planning and tax consultations regarding the receipt of the sale price;
- Consultations regarding the draft of the title deed for the sale;
- Representation before individuals, legal entities and a Notary Public;
- Legal assistance and advice in the performance of the required procedures after execution of the title deed (the National Revenue Agency and other state and municipal authorities).
Depending on the specific case, you will be offered a competitive price for the service!
- Analysis of the legal status of the company;
- Drawing up the contract for transfer of shares/stocks and the legal consulting related to that;
- Representation for the transaction and drawing up the documents needed for that;
- Preparing the whole draft documentation for the changes in the corporate documents – minutes, articles of association/ statute, contracts for appointment of a manager etc.
Depending on the specific case, you will be offered a competitive price for the service!
- Payment of the annual tax on buildings and the garbage disposal fee for the property;
- Payment of current expenses, related to the use of the property – electricity, water, telephone, security charges, insurance;
- Representation before individuals and legal entities in relation to the conclusion of short- and long-term rental agreements;
- Meeting and seeing guests off, giving and taking back keys, full cooperation to the tenants staying in the property;
- Protection of your rights and interests with regard to all external suppliers of services, mediators, the officials of the local authority, the officials of the tax administration, tenants etc.;
- Organizing the reporting of accounts and keeping all invoices, payment and other documents in relation to the property management.
The cost of the service which includes the general service package is 300 euros per year VAT included. This fee does not include the costs such as taxes, charges, water and electricity bills etc. which have to be paid additionally!
- Drawing up an annual financial report for the preceding year in compliance with the Accountancy Act;
- Preparing and submission within the legally required term of an annual tax return for the preceding year pursuant to the Corporate Income Tax Act, together with the supplements to it required by the law;
- Representation of the company before the officials of the National Revenue Agency and the Municipality, with regard to the performance of all necessary actions in relation to the service and the submission of all required documents;
- Representation before the Registry Agency – the Commercial Register with regard to publishing the report and balance sheet.
The cost of the service is 200 euros VAT included. This fee includes also the costs of the publication of the report and balance sheet in the Commercial Register. This fee does not include the costs such as taxes, charges etc. which have to be paid additionally!
- Optimization of the tax expenses in relation to the specific business of the company;
- Consultations related to VAT and excise duties;
- Consultations related to corporate taxes;
- Consultations related to the transformation of commercial enterprises.
Depending on the specific case, you will be offered a competitive price for the service!
We could be of help if you are about to make an important transaction or sign a contract! For you, we can comment on a draft contract proposed by you and we can also make recommendations for changing its text in view of your interests.
If you want to make a transaction in Bulgaria, you can receive advice from us regarding the peculiarities, the form and its consequences.
If you carry on business in Bulgaria, we could also prepare a whole set of documents, including contracts which correspond to the Bulgarian legislation and which would regulate your relations with your clients with whom you make transactions every day.
Depending on the specific case, you will be offered a competitive price for the service!
If you have contractual relations with a Bulgarian partner, i.e. you have signed a contract and want to be given legal advice on its performance/non-performance, we can assist you. After we acquaint ourselves with your case in detail, we will make an analysis and will offer you a written opinion about the possible action options which you have in the specific circumstances. This will help you to make a correct decision on what to do!
Depending on the specific case, you will be offered a competitive price for the service!
Almost all forms of financing any business activity or purchase are related to the necessity of making a security in favour of the creditor. The most frequent forms of collaterals are the mortgages which are raised on properties, as well as the entry of pledges on movable properties, shares in commercial companies, receivables etc.
Therefore, clients need information about the forms, ways and procedures of making collaterals in the cases when this has to be done when a credit is granted or in the cases when in order to guarantee that a debt will be repaid the debtors have to provide a form of security.
We could not only provide you with the necessary information on the various options to secure a debt, but we can also commit ourselves to the overall legal assistance in the implementation of the procedure itself.
Depending on the specific case, you will be offered a competitive price for the service!
We are experienced in this and we can be of help if you want to register a trade mark by receiving a national or international registration. The procedure for national registration of a trade mark consists of several stages and is carried out within a maximum of 24 months. The service we render includes:
- Analysis of the trade mark proposed by the client regarding the type of the mark and the classes in which protection will be requested;
- Preliminary inquiry concerning the proposed trade mark;
- Applying for a trade mark;
- Correspondence with the Patent Office regarding the application;
- Registration, publication and receipt of a certificate of trade mark registration.
The price of the service varies depending on the mark type, the number of classes for which it will be applied, as well as the term within which the registration will be carried out! You will be offered a specific price depending on your choice.
If you are a holder of industrial property rights and you want to cede the whole or a part of them to be used by a third party, we could assist you by providing a legal consultation or by completely taking charge of the negotiations, the preparation for and the closing of an appropriate deal!
Depending on the specific case, you will be offered a competitive price for the service!
We could assist you for the implementation of the summary proceedings provided for in the Procedural law of the country, related to the collection of money or replaceable possessions, as well as for the handing of possessions which the debtor received by undertaking the obligation to return them, or which are pledged. This refers both to debts due on contractual grounds for which the creditor does not have a written document, as well as to such debts which arise out of contracts for cash loans, promissory notes, excerpts from accountancy books, title deeds, agreements or in general contracts with notary certified signatures, pledge contracts and mortgage deeds etc. The procedures are carried out quickly and within a short term the creditor may obtain a writ of execution against their debtor which is grounds for the initiation of execution proceedings for the specific collection of the debt by means of an execution method.
Depending on the specific case, you will be offered a competitive price for the service!
- After a detailed study of the factual situation and the documentation regarding the case, we will make a legal analysis of the situation which will also include recommendations for undertaking specific actions concerning the opposite party;
- Representation in negotiations on out-of-court settlement of the case, including drawing up agreements and other documents;
- Representation with regard to the drawing up and submission of a statement of claim;
- Representation at court during all stages of the trial.
Depending on the specific case, you will be offered a competitive price for the service!
The Bulgarian legislation allows a creditor who is owed by a specific debtor to take actions by which to ensure and guarantee the collection of the debt from the debtor. This is done in the so called injunction proceedings by imposing injunction measures against the debtor in order to limit the possibility to dispose of their property. In this way the debtor is prevented from reducing or impairing their property status by which they would impede the creditor from satisfying their debt by collecting what is due by the debtor. The options are to attach the bank accounts of the debtor, to impose injunctions on their properties, distraints of their shares in companies, movable properties etc. The law even allows the creditor to take advantage of these injunction proceedings even before the creditor lodges a claim against the debtor in order to ascertain the amount receivable. If you think that this is the kind of protection you need, you can refer the matter to us.
Depending on the specific case, you will be offered a competitive price for the service!
After the debtor is sentenced, the court will issue a writ of execution in favour of the creditor. This writ of execution states the amount or the action for which the debtor is sentenced. Thereafter, the creditor has to initiate execution proceedings by referring to a private or state bailiff who will take specific actions for collection of the debt. The execution actions depend on the creditor’s will and the creditor will choose the execution methods – attachment of bank accounts, salaries, receivables, public sales of real estates or movable properties etc. If you think you need legal assistance in connection with such actions, do not hesitate to contact us.
Depending on the specific case, you will be offered a competitive price for the service!