act legal covers most of the largest European business centres

Regulatory / Advisory: Tax

The legal aspects of taxation are an infinite number and are an inherent part to almost every commercial or asset deal, M&A transaction, and eCommerce website launching.

Our corporate experts are experienced in a selected range of tax issues that are typically encountered by foreign investors willing to set foot in Bulgaria by setting up a company/branch or, filing for VAT registration. Our lawyers active in the real estate sector assist with plain vanilla tax issues related to asset transactions and we advise our clients routinely on requisite DAC reporting and disclosure obligations.

We are familiar with the issues routinely encountered by eCommerce business actors or traders opening their online shop which are country-specific and stem from the Bulgarian tax authorities' efforts to level the (tax) playing field for e-traders in the last few years. Our skillsets in the Open Source licensing, payment and postal services regulations blend well with our expertise in the eCommerce taxation field and enable us to provide wholesome advice to our clients - platforms and online shops.

In more complex transactions concerning the structuring of an M&A deal, liquidation/
insolvency procedures or joint venture advisory services, for example, we have trusted off-counsel and external advisers with whom we have established relationships to best meet our clients' needs.

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