Bulgaria Joins Schengen 2024
In a historic move that marks a significant milestone for Bulgaria and the European Union, Bulgaria is set to join the Schengen Zone on April 1st. This accession is a testament to the nation's steadfast commitment to European integration and its adherence to the stringent criteria set by the Schengen Agreement. What Does Schengen Membership Entail? The Schengen Zone represents a hallmark of [...]
Unfair Competition – Keti 94 OOD v Kaufland Bulgaria EOOD
Advocate Markov’s expertise played a significant role in proving Kaufland Bulgaria’s unfair competition practices and ultimately winning the case. Markov’s brilliant work was crucial to the successful outcome of the legal battle. “Kaufland Bulgaria” has been ordered to pay a fine of BGN 343,417 ($196,300) by the Supreme Administrative Court, which has upheld the decision of the Commission for Protection of Competition (CPC) that established [...]
Bulgaria AIF – Fund JSC
Advocate Markov assisted in the establishment of Bulgaria AIF - Fund JSC, the first Bulgaria Golden Visa Fund in Bulgaria. He also contributed significantly to the formation of its management entity, Bulgaria Fund Management Ltd. The MAIF has been duly approved by the Financial Supervisory Commission to manage Alternative Investment funds within Bulgaria. Advocate Markov provided comprehensive legal support throughout the entire process [...]
SMP Solutions, Hungary acquiring DSK Bank subsidiary TranSecurity
In a significant move within the banking and financial security sector, SMP Solutions, Hungary, has recently acquired TranSecurity, a subsidiary of the renowned DSK Bank. This acquisition highlights SMP Solutions' strategic expansion and its commitment to enhancing financial security services. Background of the Entities Involved SMP Solutions, based in Hungary, has been a key player in providing innovative solutions in the realm of [...]
Recommended by Legal500 Attorney
The Law firm of advocate Vasil Markov got approved and recommended by Legal500 Attorney. For 33 years, The Legal 500 has been analysing the capabilities of law firms across the world, with a comprehensive research programme revised and updated every year to bring the most up-to-date vision of the global legal market. The Legal 500 assesses the strengths of law firms in over [...]
Advocate Markov represented a major sports retail brand franchiser in Bulgaria in a tax-related matter.
Advocate Markov represented a major sports retail brand franchiser in Bulgaria in a tax-related matter. Advocate Markov successfully had the Tax Office fines cancelled during the litigation process.
