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GDPR ALERT – Do Not Forget the Employment Relations

All these privacy policies, notices and declarations popping up all over the Internet trick our mind into thinking that GDPR concerns only the relations between businesses and their customers. A major group of data subjects often drops out of the GDPR...

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Does GDPR really apply to my company?

Time to overcome denial   A few months after the General Data Protection Regulation became enforceable (25 May 2018), local supervisory authorities in Member States are buried in complaints about data protection violations. In the first few months, such...

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Stricter Anti Money-Laundering regulations in Bulgaria

In March 2018, Bulgaria adopted a new anti money-laundering law (Закон за мерки срещу изпиране на пари / Anti Money Laundering Act). The new law transposes the Fourth European Union Money Laundering Directive (MLD4) adopted on the 20th May 2015. Rules for...

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Key Amendments in Bulgarian Tax Laws for 2018

Substantial changes have been introduced into Bulgarian tax legislation in 2018. Here are the key amendments for 2018 that you need to know about:   I. Amendments in the Personal Income Taxation Act 1. According to the new Art. 50a of the Personal Income...

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NGOs – new online register and re-registration

On the 1st of January 2018 the changes in the Act on Non-Profit Legal Entities came into effect. Purpose The changes are aimed at ensuring transparency and accountability of the Non-Profit Legal Entities and reducing the administrative burden. The major...

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