Info Center | Deyan Sotirov | Corporate Lawyer

Clients and visitors being well informed is of primary importance to me (Work Principles). Driven by such understanding I have developed and I am constantly updating this section of the website – called “Info Center” as its primary goal suggests.

My goal is to turn the website into a highly useful source of information and the Info Center is the online tool to be used for achieving such objective. In this section I will publish useful materials and legal news (Procedures, News), as well as individual analyses and opinions on debatable issues from the theory and practice in the field of corporate and company law (Blog).

For ensuring maximum useful effect I have provided online functionality that allows the sending and publication of questions and comments to each of the articles – for online discussion and clarification of the respective topics.

You may find below a web form that allows browsing the articles published in the Info Center by their category. It is a convenient way for visitors to find their topic of interest and to ask a question or send a comment by using the web form at the end of the respective page.

For finding an article (topic) of interest you may also use the search form (in the upper right corner of the website) or visit the Search page and use the respective keywords as per your preference.

All Articles:

Change of a company’s seat and address of management

02.10.2012 | 4 comments | 3785 views | Categories: Procedures Filings with the Commercial Register

Companies very often change their address of management and that entails the necessity of registering such change in the Commercial Register. Companies should undertake active steps for registering their changed address because not having their registered office updated in the Commercial Register hides potential risks, such as court judgments by default being held against them. General Information The seat of a company is the settlement (city, town, village) where its address of management (registered office) is located and the address of a company… Read the article

Changes in the management of a company

31.07.2012 | 22 comments | 8536 views | Categories: Procedures Filings with the Commercial Register

The management of a company is carried out through the actions of its governing bodies. The governing bodies form and express the will of the company as a legal entity and organize its implementation. The management of a company is very often focused on determining the particular person who will be in charge of the management. This matter is, in turn, related to the empowerment of particular individuals – the governing bodies. Changes in such governing bodies will be subject to this article. General Information The management is usually understood… Read the article

Registration of medical treatment facilities for outpatient care

07.04.2012 | 8 comments | 21774 views | Categories: Procedures Licenses and Registrations

The Medical-Treatment Facilities Act defines the medical treatment facilities as organizationally separate structures on functional principle in which physicians or dentists, individually or with the assistance of other medical and non-medical specialists, carry out diagnostics, treatment and rehabilitation of patients, follow-up care of patients, consultations, prophylactics, etc. A new type of medical treatment facility has been introduced with the latest amendments to the Medical-Treatment Facilities Act¹ – an organizationally separate structure in which… Read the article

Is the deletion of an in-kind contribution from the Commercial Register permissible?

13.03.2012 | 2 comments | 3225 views | Categories: Blog Filings with the Commercial Register

Very often in-kind (non-monetary) contributions are used when establishing a new company or when increasing the registered capital of an existing company – usually rights in rem over immovable property being subject to such contributions. The Commerce Act requires that the Articles of Association, the By-Laws respectively, contain the name of the contributor, full description of the in-kind contribution (its type and all distinctive features), its monetary value and the grounds for the contributor’s rights; for most companies the in-kind contribution needs to be entered into the Commercial… Read the article

Is it required to appoint a procurator when using maternity leave?

08.12.2011 | 4 comments | 2562 views | Categories: Blog Filings with the Commercial Register

I very often assist my clients in procedures for entering into the Commercial Register of procurators of Sole Proprietors or single-person Limited Liability Companies. The procedures themselves are relatively simple and do not cause any particular difficulties. However, this is not the case when deciding whether or not a procurator needs to be appointed in the first place – as far as such steps are usually undertaken for reasons of social-insurance nature (in compliance with the requirements for becoming entitled to maternity benefits – for pregnancy and child-birth, child-care, etc… Read the article

Acquisition of the enterprise of a Sole Proprietor by its heirs

15.11.2011 | 12 comments | 5875 views | Categories: Procedures Transfer of Companies

This article refers to “acquisition of the enterprise of a Sole Proprietor” in situations where following the latter’s death its heirs are willing to carry on the business activity of the deceased. If there are no successors to the enterprise willing to carry on the business, then the Sole Proprietor’s business name should be deleted from the Commercial Register. General Information The business activity can be carried on only by the heir who has acquired the enterprise. The latter can be acquired by only one of the heirs and that raises serious… Read the article