Commercial Lawyer in Bulgaria

Zdravkov Law Firm

Business decisions have legal consequences, from company formation and management to customer and partner contracts, debt recovery and dispute resolution. Zdravkov Law Firm advises companies, entrepreneurs and investors in Sofia and throughout Bulgaria.

We assist with individual matters and provide ongoing legal services tailored to the company’s activities, size and actual needs. The aim is to identify legal risks early and ensure that documents and actions support a workable commercial solution.

ONGOING LEGAL SERVICES

We advise businesses on day-to-day legal matters and maintain contracts, resolutions, internal policies and corporate records.

CONTRACTS AND CORPORATE CHANGES

We draft and review commercial agreements and assist with registrations, corporate changes and shareholder relations.

DISPUTES AND COURT REPRESENTATION

We protect businesses in cases of breach, unpaid debts, corporate conflicts and court proceedings.

Commercial law accompanies a business at every stage: choosing a legal form, registration and changes, shareholder relations, customer and supplier contracts, financing, restructuring and dispute protection. A single document is rarely sufficient when it must function together with the company’s wider processes.

A commercial lawyer analyses the objective, allocates contractual risk, proposes an appropriate legal structure and supports its implementation. When a problem has arisen, the evidence, negotiation and security options, and the appropriate judicial or out-of-court route are assessed.

Zdravkov Law Firm works both on individual projects and under ongoing legal-service arrangements. The scope, response times and included work are agreed in advance according to the client’s legal needs and expected workload.

COMPANY FORMATION AND COMMERCIAL REGISTER

We advise on the choice of legal form and prepare constitutional documents, articles of association, resolutions, declarations and registration applications. Management, representation, ownership and decision-making rules are tailored to the parties’ actual relationship, not merely the minimum registration requirements.

We assist with changes of manager, registered office, business activity, capital and articles, admission or departure of a shareholder and other registrable circumstances. The required resolutions, documents and sequence of steps are checked before filing.

COMMERCIAL CONTRACTS AND NEGOTIATIONS

We draft and review supply, services, works, distribution, agency, lease, licensing, software and other business-to-business agreements. The review covers scope, price and payment, acceptance, warranties, liability, termination, confidentiality and dispute resolution.

We participate in negotiations and propose revisions reflecting the client’s position and commercial objective. Cross-border matters require particular attention to governing law, jurisdiction or arbitration, contract language and enforcement.

ONGOING LEGAL RETAINER SERVICES

An ongoing legal-services arrangement provides agreed access to advice for recurring business needs. Depending on scope, it may include consultations, contract drafting and review, corporate resolutions, internal policies, correspondence, negotiations and assistance with current regulatory and employment matters.

The agreement specifies the included services, limits, response times and work outside the retainer. This provides predictability without unrealistic promises of unlimited work or a guaranteed result.

Commercial lawyer in Bulgaria

CORPORATE GOVERNANCE AND SHAREHOLDER RELATIONS

We prepare shareholder and sole-owner resolutions, management agreements, powers of attorney, internal policies and shareholder agreements. We help define rights, duties, representation, control, financing and procedures for transfers or termination of participation.

In conflicts between shareholders or between a company and its manager, we analyse the corporate documents, resolutions and actions of company bodies, negotiation options and available court remedies. Timely assessment can limit operational deadlock and further loss.

RESTRUCTURING, TRANSFERS AND TERMINATION

We assist with transfers of company shares and businesses, reorganisations, ownership changes, termination and liquidation. Work may include legal due diligence, transaction structuring, corporate resolutions, contracts, registrations and coordination with other advisers.

When operations cease, voluntary liquidation must be distinguished from insolvency proceedings. The appropriate route depends on the financial position, liabilities, assets and statutory conditions and requires an individual assessment.

COMMERCIAL DISPUTES, DEBT RECOVERY AND INSOLVENCY

We represent businesses in contractual breaches, unpaid claims, penalty and damages claims, shareholder disputes and challenges to corporate resolutions. Before proceedings, we review contracts, correspondence, evidence, the debtor’s assets and options for settlement or security.

We assist with order-for-payment, civil and enforcement proceedings and matters involving inability to pay and insolvency. Strategy depends on the amount and nature of the claim, procedural deadlines and realistic recovery prospects.

Frequently Asked Questions

How can a commercial lawyer help?

A commercial lawyer can assist with company formation and changes, corporate governance, contracts and negotiations, restructuring, debt recovery and disputes. Work begins with a review of the objective, documents, risks and deadlines, after which the appropriate scope is agreed.

What do ongoing legal services include?

The scope is agreed according to the company’s needs and may include a defined volume of consultations, contracts, corporate documents, internal policies, correspondence, negotiations and assistance with commercial, employment and regulatory matters. The agreement should clearly state included work, limits, response times and the instruction process.

Are all legal services included in the retainer?

Not necessarily. Scope depends on the selected package and agreement. Litigation, complex transactions, due diligence, registrations involving additional costs or work beyond the agreed volume may be instructed separately. Defining included and additional work provides predictability for both parties.

What documents are required to register a Bulgarian company?

Documents depend on the legal form, founders, capital, management and business activity. They usually include constitutional documents, resolutions, the manager’s consents and declarations, capital documents and a Commercial Register application. Licensed or regulated activities may require additional permits or registrations.

When must a company change be registered?

Registration is required when a change concerns a registrable circumstance, such as the manager, address, capital, articles or shareholders. The competent company body must adopt a valid resolution and the required documents must be prepared. Timing and legal effect depend on the particular change.

When should a lawyer review a commercial contract?

Before signing and before incurring irreversible costs or commitments. Review is particularly important for high-value or long-term agreements, automatic renewal, liability limits, intellectual property, personal data or cross-border elements. Once a dispute arises, options to change unfavourable terms are usually limited.

How is a shareholder or management dispute resolved?

The articles, resolutions, management actions, accounting records and other evidence are reviewed first. Options may include negotiation and settlement, changes in management or ownership, exclusion or termination of participation, challenges to resolutions and other court remedies. The appropriate route depends on the facts and whether the joint business is to continue or end.

What is the difference between liquidation and insolvency?

Liquidation is the process of winding up a company, collecting receivables, settling liabilities and distributing remaining assets. Insolvency is a court process where statutory conditions concerning inability to pay due debts or over-indebtedness are met. The choice is not discretionary and requires assessment of the company’s financial position.

When should a business seek advice about insolvency risk?

As soon as persistent difficulty paying due debts, attachments, withdrawn financing or other signs of inability to service liabilities arise. Early analysis allows the manager’s statutory duties, negotiation and restructuring options, and risks from new transactions or preferential payments to be assessed.

How are legal fees for a business client determined?

For an individual matter, fees depend on complexity, value and risk, document volume, deadlines, negotiations and required representation. For ongoing services, expected monthly workload, included work and response times are considered. Scope and fees are agreed in advance in a written legal-services agreement.

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