The Bulgarian Parliament has recently adopted an Act to amend and supplement the Bulgarian Commercial Act implementing the requirements of Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions.
The amendments aim to enhance flexibility and business opportunities within the EU single market.
Read the full article by Hristian Gueorguiev, BOYANOV & Co., here.