Areas of Practice

Ideal BG is a Bulgarian consultancy company, specialized in providing full range of legal, financial and real estate consultancy services to Bulgarian and foreign clients in the performance of their business on the territory of Republic of Bulgaria.

We offer high quality consultations in the following areas:

real estate law, management, transactions and construction;
company and commercial law;
commercial transactions and contracts;
foreigners status in Bulgaria;
intellectual property;

administrative law;
employment and social security law;
litigation and arbitration;
collection of receivables;
crediting and financial analysis;
foreign investments;

At Ideal BG, we place emphasis on the protection of the rights and lawful interests of our clients. Our basic principle is about constant delivery of quality, value and service to our clients.

Real estate law, transactions and construction
Management of the Real estate.

Preparation of all required documents and conclusion of all kinds of real estate transactions;
Selection of appropriate real estate upon preliminary set criteria;
Negotiations and representation of the client;
Investigation of the legal regime and possible burdens of real estates;
Tax and other consultations regarding property acquisitions;
Obtaining bank loans for purchasing real estates and advices in mortgages;
Preparation of draft tenancy agreements for real estates and their registration at the Registry Office when required by the law;
Preparation of draft agreements under the Territorial Act between the parties involved in a construction process (contractors, employers, construction supervisors, etc.);
Negotiations with construction companies, municipal administration and potential partners and clients of the employer in connection with the construction of buildings and facilities;
Maintaining and renting out properties;

Company and Commercial Law

Registration of sole traders, commercial companies, limited liability companies, joint stock companies, general partnerships, corporations with shares, consortia, holdings, commercial groups;
Wholly owned subsidiaries, branches and representative offices of foreign companies;
Registrations and representation before all necessary Bulgarian authorities (Tax authorities, Bulgarian Chamber of Commerce and Industry, National Statistics Institute, National Social Security Institute etc.);
Registration of further changes related to the legal statute of the above mentioned economic subjects;
Reconstruction and reorganization of commercial companies (including takeovers, acquisitions and mergers)
Provision of advice in negotiations and conclusion of financing contracts (bank loan, financial and operating leasing), and all other commercial transactions

Commercial transactions and Contracts

We are specialized in drafting highly professional contracts that fully protect rights and interests of our clients, such as:

Purchasing contracts;
Leasing contracts;
Franchising contracts;
Commission contracts;
Consignment contracts;
Shipping contracts;
Contracts for transportation;
Authorizations;
Preparation of contracts with agencies (procurators, attorneys, agents, brokers).

Foreigners Status in Bulgaria

Support and advice on residence permits of foreign individuals;
Consultations on the requirements of Bulgarian laws for issues of visas and permits for temporary or permanent stay in the country;
Immigration, Nationality & Citizenship- We monitor and advise on all changes and proposed amendments to Bulgarian immigration policy and law which may impact on domestic and foreign corporations and individuals. By doing this, we can best provide our clients with efficient and trouble-free solutions;

Intellectual property

Protection of the authors and the patentees;
Registration of trade marks at the Bulgarian Patent Office;
Preparation of contracts granting exclusive or non-exclusive right;
Preparation of license agreements;
Protection and enforcement of intellectual property rights;

Administrative law

Attendance in resolving administrative proceeding problems (applications and complaints before different administrative authorities);
Representation before administrative bodies in connection with the issuance of individual administrative acts
Administrative and court appeals against individual administrative acts or traverses for these acts to be issued;
Appeals against penal decrees issued according to the provisions of the Law on the Administrative Offences and Punishments, etc

Employment and Social security Law

Human resources planning;
Review, amendment and preparation of labor contracts;
Review, amendment and preparation of management contracts;
Advice on amendments to legislation concerned with employment relationships and social securities;
Continuous provision of services with respect to the registration of employment contracts, payment of social security contributions and employment and social security compensations;
Contracts for transfer of employees abroad;

Litigation and Arbitration

Representation before national and international courts and arbitration authorities;
Preparation and conduct of litigation proceedings;
Assistance in the recognition and admission to execution of rulings of international courts in the territory of the Republic of Bulgaria;
Mediation and other forms of alternative dispute resolution;

Collection of receivables

Investigation of the liability related documentation and establishment of the amount of debts
Establishment of the causes for the defaults and negotiations with the debtor
Mediation in the restructuring of debts and their additional securities
Development of schemes for repayment of debts to the client
Issuance and delivery of letters and/or notary invitations for execution and/or termination of contracts
Representation in proceedings for issuance of writs of execution, attachment and execution procedures, general and expediting claim proceedings