We provide comprehensive and verified tax advice and planning in the areas of corporate and contract law, corporate reorganization and restructuring, implementation of investment intents, real estate transactions, legal analyses (due diligence), etc.

An essential part of our work is legal representation before the revenue administration authorities in all types of tax and social security proceedings, as well as before the administrative courts in the country and the Supreme Administrative Court in appeals against deeds issued by the tax administration.

Our experience covers direct and indirect taxation, local taxes and fees. We have time-proven know-how in preparing:

• preliminary tax legal analysis of transactions, corporate reorganizations, transactions, investment intents, etc.;
• advice on work optimization and adverse taxation avoidance;
• advice in all areas of tax law for both individuals and corporate entities;
• consulting on the implementation of double tax treaties, the application of the Double Tax Avoidance Agreements (DTAAs), integrated transfer pricing implementation, and optimised tax solutions for international corporations and groups;
• preparation of justified inquiries to the National Revenue Agency;
• advice on inspections or audits of natural and legal persons;
• assistance before the revenue authorities with preparation of replies to enquiries;
• representation in audit proceedings or proceedings for the imposition of interim or compulsory measures;
• representation and defence before the National Revenue Agency in the preparation of an objection against an audit report or disputing an audit deed, as well as other deeds issued by the revenue administration;
• representation and defence before the administrative courts and the Supreme Administrative Court when challenging audit deeds, interim or compulsory measures;
• representation before the public enforcement officer, including but not limited to imposition of injunctions, enforcement proceedings against the property of individuals or legal entities.

Съществена част от нашата работа е процесуално представителство пред органите на приходната администрация във всички видове данъчно-осигурителни производства, а така също и пред административните съдилища в страната и Върховния административен съд при обжалване на актовете на данъчната администрация.

In the field of real estate, Sazdov & Petrov Law Firm offers a full range of services to domestic and foreign clients:

• researching the legal status of a property;
• verification of the ownership history and possible third party rights (liens);
• full legal analysis of the transaction;
• professional legal assistance in execution of all types of documents;
• holding negotiations and representing the client in the conclusion of a preliminary or final contract, and
• advising and representation in the execution of ancillary transactions with a real estate agent, banking or financial institutions, escrow account agreements, etc.;
• design and construction contracts
• construction against compensation or other complicated form of acquisition;
• tax planning;
• corporate investment structuring;
• property management and disposal transactions;
• assistance with researching and obtaining bank loans for real estate acquisition, mortgage transactions;
• preparation of partition, out-of-court settlements in property matters;
• assistance with resolving litigations, including legal representation.

We have many years of experience in resolving employment disputes, both in intra-company mediation and in the court phase. We provide a comprehensive legal service in auditing and analysis of the company’s overall documentation of the employer, drafting of contracts, regulations, entering into specific negotiations, advice on changes in legislation, tax and social security consultations. We regularly advise our clients on individual employment negotiations, dismissal procedures, attacking deeds of the competent administration, investigating the conditions for employment migration or sending employees and workers on a business trip.

Notwithstanding the internal profiling of our legal team, the law firm’s corporate portfolio requires our lawyers to handle all aspects of employment law and employment disputes.

We have an established track record in advising clients on all types of banking transactions and operations, with the advantage of being unbiased and independent from regulated participants in the banking and insurance markets. We assist our clients with utilization of bank and financial instruments, securing or releasing of required collateral, whether in the form of real estate, registered pledges (charges) or financial assets.

We provide consultation on various insurance contracts and products, as well as in the event of default or breach of policy terms. Our range of advice includes not only insurance coverage issues, but also liability issues and the settlement of claims without court interference.

In our practice, we have advised, negotiated and prepared legal analysis for banking, lease or insurance contracts, including but not limited to:

• bank contracts and bank transactions at various stages of implementation;
• renegotiation of credit exposures;
• restructuring of the debtor company or debt itself;
• negotiations to resolve bad loans, including through refinancing or buyouts;
• contracts of assignment, factoring, etc.;
• bank guarantees and letters of credit;
• financial security, pledges, registered pledges (charges), mortgages;
• loan agreements, trust deeds, promissory notes;
• financing through various leasing schemes of different types;
• insurance contracts and coverages for various risks – construction, financial risk, employer’s liability, etc.;
• defense against aggressive practices and judicial enforcement.

In our activity, we have repeatedly provided consulting services on the implementation and integration of personal data protection rules in the internal regulations of companies and in their contractual relations with third parties. We regularly provide services related to the compliance with the development of the latest practices of the competent local and European authorities in the field of data protection.

In our team we have a long-standing specialist in data protection and a licensed Data Protection Officer (DPO) qualified in Maastricht.

In the area of data protection, we provide a wide range of legal services related to:

• commercial and employment contracts including provisions on the protection and processing of personal data;
• preparation of general terms and conditions for the use of electronic websites and platforms for e-commerce, digital marketing and services provided electronically in various business areas;
• legal advice and analysis on various legal aspects of personal data processing;
• assistance with investigating the internal corporate structure before introducing data protection policies;
• legal advice on the development and storage of international centralised databases;
• regular internal audit for the implementation of privacy policies;
• monthly update for concerned business customers on current practices and guidance by the Data Protection Commission and the European Commission;
• legal assistance and advice on the implementation of data protection policies in companies;
• drafting legal packages on data protection policies;
• advising on the transfer of personal data to third parties and drafting the full set of documents for such transfer;
• communications with experts worldwide in the establishment of rules and practices for compliance with data protection regulation;
• legal services and drafting of disclosure documents to the competent authorities or at request of individuals;
• registration of personal data controllers and legal representation before the Bulgarian Commission for Personal Data Protection;
• representation in administrative proceedings and in court proceedings in case infringements are detected and penalties are imposed by the competent authorities.

We are trusted for our knowledge and experience by local companies and internationally represented companies with many years of experience and reputation in the relevant field, establishing consortium and joint venture agreements for the implementation of major projects, in the negotiation process for the settlement of disputes related to the implementation of public procurements.

Sazdov & Petrov Law Firm has experience in the legal representation before the Commission for Protection of Competition and the Supreme Administrative Court in litigations against tender documentation and decisions of the contracting authority, as well as serious experience in negotiations on recognition of contract performance, disputes with subcontractors, disputes between partners in joint ventures, as well as dealing with the consequences of bankruptcies of members of such joint ventures during the period of performance of public procurements.

What sets Sazdov & Petrov apart is its expertise in negotiating settlements. With our active participation, we are able to reach agreement on key issues of the dispute and often show the parties an amicable solution – court settlement. Such a solution saves time, money and emotions as we have repeatedly preserved long-standing commercial partnerships, reliable partnerships between partners, respect between employers and employees, prospects for completion of awarded public procurements, contracts, etc.

The law firm provides full and comprehensive legal services in all disputes falling within the expertise of our lawyers:

• business disputes – non-performance of contracts; protection against violated rights arising out of contracts; disputes between partners and shareholders, as well as those with company management;
• insolvency and restructuring – representation in insolvency, handling set aside claims, negotiation of recovery and rehabilitation plans for companies;
• tax and audit proceedings at all stages of protesting against the deeds issued by the revenue authorities, whether they are audit deeds or injunction or enforcement measures;
• administrative and regulatory proceedings – protesting against administrative deeds of the competent authorities, appeals against public procurement and concession procedures,
• disputing deeds of offences and penalty decrees – tax and customs offences, employment law offences, design and construction offences, etc.
• disputes concerning real estate and disputes in the construction industry;
• employment law disputes – in our practice we have had the opportunity to work in all areas of employment law disputes, providing reliable legal defense to both employers and their employees; we have repeatedly represented civil servants in unlawful dismissals and have also provided legal defense to practicing magistrates in proceedings before the Supreme Judicial Council and the Supreme Administrative Court, claims for unlawful strikes, etc.;
• debt collection – extensive practice in debt collection, including warrant and enforcement proceedings, enforcement disputes, set aside claims;
• arbitration and mediation