Company Law Bill: Modernization and Harmonization
The Committee on Constitutional and Legal Affairs adopted at first reading a key bill aiming to modernize and harmonize Bulgarian company law with European norms. The bill, submitted by the Council of Ministers, is aimed at significant amendments and additions to the Commercial Register and Register of Non-profit Legal Entities Act. The committee's decision was made by an overwhelming majority – 13 votes "for," with only two "abstained" and not a single vote "against," which underscores the broad support for the proposed changes.
Harmonization with European Law and Market Strengthening
The main purpose of the proposed amendments is to transpose Directive (EU) 2019/1151 of the European Parliament and of the Council of 20 June 2019. This directive, which amends Directive (EU) 2017/1132, focuses on the use of digital tools and processes in the area of company law. By adopting it, Bulgaria will achieve full compliance of its legislation with European regulation, which is essential for integration into the single market.
The motives for the bill state that this step is of exceptional importance for strengthening the internal market and increasing financial stability in the country. By ensuring a higher degree of legal certainty in economic, social, and commercial life, the aim is to increase the reliability of commercial turnover. This is expected to stimulate investment activity by attracting both local and foreign investors who will have a more reliable and transparent legal framework for carrying out their activities in Bulgaria.
Unified Register of Persons Deprived of Management Rights
One of the most significant changes provided for in the bill is the creation of a unified register of persons who are deprived of the right to perform the functions of managers or directors in commercial companies. This register will be maintained by the Registry Agency and will contain circumstances regarding natural persons for whom there are legal obstacles to being managers or members of boards of directors, supervisory, or management boards of commercial companies.
The motives for the bill emphasize that the availability of this information in one place will ensure an immediate and effective check. This is particularly important in the context of the system of interconnection of registers, as it will allow the Bulgarian authorities to respond quickly to inquiries from other member states as to whether a person is entitled to perform management functions under Bulgarian law. This transparency and speed of information exchange are key to preventing abuses and protecting commercial turnover within the EU.
Additional Measures for Transparency and Accessibility
Furthermore, the bill proposes the creation of a new Article 17a in the Commercial Register and Register of Non-profit Legal Entities Act. It introduces an obligation for the Registry Agency to provide a technical capability for storing the acts and documents available in the registers in a machine-readable format. This format must allow for full-text search, which will facilitate the access and processing of information by interested parties.
- The issuance of a new ordinance is also foreseen, which will further regulate the rules for maintaining, storing, and accessing the newly created register of persons deprived of management rights.
These measures are aimed at ensuring maximum transparency and legal certainty, which are the foundation for a stable economic environment and attracting capital.
You may also like
The adoption of the bill at first reading is an important step towards implementing these reforms, which are essential for the compliance of the Bulgarian legal system with European standards and for stimulating economic growth in the country.
Коментари (90)
C045
03.09.2025, 16:38Ах, най-краткото
AS
03.09.2025, 16:40Ха
аз
03.09.2025, 16:40Аз така мисля
IVANKA
03.09.2025, 16:41Ес-то винаги има право
E4AD6
03.09.2025, 16:41Хе, не е наше време за кратки закони, а за д
holera
03.09.2025, 16:42Hah, първото нещо, което се хармониз
Maimunata2012
03.09.2025, 16:42Комисиа
bai_ivan
03.09.2025, 16:43Хей, не се интересувай какво е най-кратко, а интерес!
asd123
03.09.2025, 16:43ннаКомисиqта
AS
03.09.2025, 16:40ха
браво_комисия
03.09.2025, 16:41Браво, Комисия
HOLERA
03.09.2025, 16:41Браво за Европа
pr@v_eu2005
03.09.2025, 16:42Браво за Комисията
Doktora2023
03.09.2025, 16:42факт!
ANONIEMEN
03.09.2025, 16:43Бравокомисия
AS
03.09.2025, 17:28Ах, най-накрая
МАЙСТОРА
03.09.2025, 17:29ха
хубаво
03.09.2025, 17:29Hа, хубаво
viki_qna
03.09.2025, 17:30сига нещо добро за българия
AVTORITET
03.09.2025, 17:32да,най-накраа
i. димитров
03.09.2025, 17:32Ще бъде толкова добро за Българиа да се прис!
SHEFA
03.09.2025, 17:59комисията
guest1231978
03.09.2025, 18:02аз така мисля, че това е добро начало за развитието на
60EFA
03.09.2025, 18:20Яхно
P. Миланов
03.09.2025, 18:21Аз го поздравявам!
VIKI_QNA
03.09.2025, 18:23хубавановина
LUDATA
03.09.2025, 18:23Благодарение, 4е ние сме в ЕС
KOMENTAR_BG
03.09.2025, 18:47Вярно, най-накрая
r. Тодоров
03.09.2025, 18:49Да го кажем навистина, хармонизацията е най-д
tony_stark
03.09.2025, 18:51Трябва да си прави, за да се въздигне Б
45C
03.09.2025, 18:50Законопроекта е в реда!!
m. Тодоров
03.09.2025, 18:52комисия 😏
Maimunata
03.09.2025, 18:53абе моля те, най-после нещо добро
bg_gost
03.09.2025, 18:53Браво Комисиата
BratVasko
03.09.2025, 18:55Браво!!
b. георгиев
03.09.2025, 18:55браво на европейския съюз
m. Георгиев
03.09.2025, 18:57Комисия!!
THEREALIVAN
03.09.2025, 18:59Аз искам да видя какво прави комисията сега
никакомисиятаработизабългария
03.09.2025, 18:59Хаха,никакомисиятаработизаБългария
vankatabg
03.09.2025, 19:02ах,най-посленещоздраво
NIKI_BG
03.09.2025, 19:28ва-хо
maimunata
03.09.2025, 19:32Ха!!
VIKI_QNA
03.09.2025, 19:29аз така мислq, че този законопроект е огромен корак
kombinator
03.09.2025, 19:32Всъщно!
Луд_Петко1987
03.09.2025, 19:32Смешно е, че някога сме били против ЕС и с
чудо
03.09.2025, 19:33Аз не ми се вижда голqмо чудо!!
k. Петров
03.09.2025, 20:19Заточенямадасезадържаменазад 😂
realist
03.09.2025, 20:20ха ха, едно най-напред в българия
BAI_IVAN
03.09.2025, 20:24Абемоляте,хайдедасерадваменатова
BLAGOI
03.09.2025, 20:24Хей, като руснаците се радват на това, че
kaka_2017
03.09.2025, 20:23Браво
superman
03.09.2025, 20:25катобългарин,неможемдаизменимес,но!!
ЛУД_ПЕТКО
03.09.2025, 20:38комисията
4ERVENO_FLAG
03.09.2025, 20:39Закръзнах се, че най-накрая ние в
JIVKO
03.09.2025, 20:39Абе мола те, най-после нещо здраво
ха-ха
03.09.2025, 20:40Ха-ха
KOMENTAR_BG
03.09.2025, 20:40Така се прави
superman
03.09.2025, 20:41Ха-ха, комисията ве4е прави нещо добре за Българ
maga2015
03.09.2025, 20:41Да се види, най-задължителните неща с 🇧🇬
asd1231972
03.09.2025, 20:41Ха
NINJA
03.09.2025, 20:41Ево ги, комисията най-накрая прави нещо добро
z. Петров
03.09.2025, 21:07комисията
VASIL_P
03.09.2025, 21:32Азтакамисля
a. георгиев
03.09.2025, 21:35комисията!
IVANKA
04.09.2025, 09:48Ах,най-после!!
благо
04.09.2025, 09:50благо
AS
04.09.2025, 09:52Благодарение за това!!
F99EC
04.09.2025, 09:58Великолепно
ес-то_е_пред
04.09.2025, 10:02Ес-то винаги е пред нас
BE6D3
04.09.2025, 10:43Браво на Комисиqта
Гошо
04.09.2025, 10:46Да, най-после нещо позитивно
BE7E
04.09.2025, 11:20Аз така мислq: най-после нещо здраво за Бъл
ЛУД_ПЕТКО
04.09.2025, 11:24Намисто да се радваме на това, че накрая
asd1231972
04.09.2025, 11:41Комисията
7495D
04.09.2025, 11:43многодобро
pr@v_eu1991
04.09.2025, 11:45Да го хапне
HOLERA
04.09.2025, 11:42Голямо знами за България
avtoritet
04.09.2025, 11:49Вау, най-финчето 🇧🇬
MAIMUNATA
04.09.2025, 12:03Вау, най-после нещо здраво от правителството
Bat_Jordan
04.09.2025, 12:04Следващият стъпок за Европейската интеграция
pesho982004
04.09.2025, 12:40върху основа на европейския модел, българия
xD
04.09.2025, 12:51благодарение на комисията!!
VASIL_P
04.09.2025, 12:51Абе моля те, най-накрая нещо позитивно в Бъл
ASDASD
04.09.2025, 13:00Комисия
guest1232005
04.09.2025, 13:49Във
Bat_Jordan
04.09.2025, 14:03Вие не разбирате, колко ни липсва хармониз
PICH_007
04.09.2025, 14:42комисия
Doktora
04.09.2025, 15:10Здравей, България
anoniemen
04.09.2025, 15:31Законопроектът е голям успех за България
комисия_браво
04.09.2025, 15:32Браво Комисия