Restructuring, Mergers & Acquisitions and Business Formations
Merging of different enterprises into a single formation, as a result of acquisition or merger of assets or other transferable rights, is one of the most important means for corporations to expand their business and enhance their financial performance. With the rapid globalization and the influx of new telecommunication technologies, businesses from around the globe began working closer, which has led into a sharp increase of the M&A and restructuring deals in the recent years. On a local level, since Bulgaria joined the EU in 2007, this sort of transactions have become the backbone of many foreign investment strategies and market penetration techniques. The opportunities look endless, but so are the legal challenges.
Merging assets internationally or acquiring new ones requires not only solid business strategy and a lot of spirit, but also a good knowledge of the legislation in the target country. Mergers and acquisitions demand in depth understanding of the business environments of all parties involved and are also, often, subject to regulatory approvals. Our team can act on behalf of the customer in order to facilitate these processes. Our specialists are experienced in different business areas and can help the client with profound knowledge and skills in virtually all economic sectors.
Unlike merging, acquisition or restructuring of existing entities, setting up a brand new business presents another unique challenge. Often, the would be investor is faced with the worrying perspective of diving into another country’s business and legal rules without a solid backup from professional advisors. Setting up a new company in Bulgaria may be a straightforward procedure, but if handled by non professionals, can lead to many potential hurdles at a later stage. With the lowest EU corporate tax in Bulgaria of only 10%, alongside many other administrative and legal benefits, starting business in Bulgaria by foreign companies and individuals has skyrocketed in recent years. As expected, the problems arising from unskilled legal work at the starting phase of the incorporation, began to emerge, and are now flowing into the court rooms. This is a scenario someone would like to avoid at all costs. Our legal advisors will be able to assist you in case you are already having similar difficulties. If you are considering entering the Bulgarian market by registering a new legal entity, we will advise you on the most appropriate structure for your particular needs. Once a decision is taken, we will register your Bulgarian Limited Liability Company (LLC or LTD), Joint-Stock Company or any other form of business model. We will assist you to obtain all required licenses and permits in order to start your operations without any delays or legal obstacles. We will also register all forms of non-profit NGO’s, such as foundations, clubs, charrities, etc.