Kamen Shoylev
Managing Partner
He has a wide experience in transactional, advisory and contentious matters in various sectors and geographic markets, having lived and worked in Russia, Japan and Saudi Arabia as well as Bulgaria and the UK. He is fluent to a native standard in English, and also uses professionally Russian, German, Italian and French.
As a barrister (and in a separate capacity to NBLO), Kamen appears in the High Court of England and Wales and advises or represents in particular on matters with a cross-jurisdictional element.
Kamen is a member of the International Bar Association, Bar European Group, Intellectual Property Institute, the Investment Migration Council, and is a mentor to startup companies through Europe’s largest accelerator, Seedcamp.
Qualifications: Ma. Law — Cambridge University
Languages Spoken: Bulgarian, English, Russian, German, Italian and French
Office Location: London and Sofia
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Citizenship and Immigration
We advise individuals and families planning for their future and their legacy. We understand that immigration can be complex, often stressful and traumatic. With our professional advice and sensitive approach we will guide you through all your options and will help you to achieve the best possible outcome. We aim to accomplish this in the […]
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Employment
Range of employment law advice to individuals employed in Bulgaria NBLO’s employment team advises on: dismissals – including the compliance of these with domestic legislation; compliance with national and international legislation and standards; labour discipline, misconduct and discrimination issues; individual and collective dismissals and severance agreements; employee share/stock ownership and bonus plans; employee pension schemes; […]
- Tax
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Business Immigration
We are aware that nowadays doing business is a global adventure and challenge. Bulgaria is a small and open economy, and its labour market benefits from a steady flow of human capital in many directions. Firms and organisations need integrated, prompt and carefully executed solutions to employment and immigration issues when working across borders. NBLO […]
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Corporate Tax
Tax policies and corporate tax regulations are always of strategic importance to our clients in conducting their business and investment. Tax is a major concern for all businesses and individuals. There are tax related aspects in each transaction and business venture, both at the stage of its structuring and set-up, as well as in the […]
- Insolvency and Restructuring
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Startup Desk
Startup Desk now offering NBLO’s Startup Pro Bono Legal Advice Clinic Programme Our 15 years of industry experience have consistently proven the importance of legal due diligence at the early stage of business development. A solid legal foundation is key to long-term business success by: safeguarding against personal liability protecting your ideas and intellectual property […]
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Venture Capital
Bulgaria has become increasingly attractive to venture and technology growth investors. NBLO is proud to have been part of this process from the beginning. We hosted Bulgaria’s first large conference on venture capital in 2010. We have since worked with a number of local and international funds. We are also early members of the Bulgarian […]
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Fintech
Bulgaria’s fintech sectors is fast-growing and innovative. Thanks to exceptional talent, domestically founded companies have become globally competitive actors. Our lawyers are highly knowledgeable about the legal challenges of dynamically changing fintech market. Our commercially minded lawyers deliver high-quality advice on how to effectively safeguard your business and profits. We at NBLO offer a number […]
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How to Open a Bank Account in Bulgaria as a Foreign Business
In this article, we provide an overview of the criterion that overseas incorporated businesses must generally fulfil in order to open a bank account in Bulgaria. We have restricted our analysis to organisations that are structured as companies or corporations in their home jurisdiction. Although Bulgarian law tends to recognise the legal forms of other […]
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Donations for Establishing Private Benefit Foundations: Evidence Requirements and Collection Accounts
The establishment of a foundation in Bulgaria represents a specific procedure that requires the provision of property through donation. Unlike associations, which are based on membership, foundations are created with a unilateral founding act of donation. When establishing a private benefit foundation, the founder must familiarise themselves with the specific requirements for different types of […]
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Company VAT Registration Under Bulgarian Tax Law
In this note, we review key VAT registration requirements applicable to companies under Bulgarian law. We do not address other categories of taxable entities such as partnerships, foundations, individuals engaged in taxable supplies or state-owned enterprises. Companies represent the predominant vehicle for business activity in Bulgaria and the registration rules applicable to them form the […]
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Guide to Establishing Business Operations in Japan for European Startups
This guide outlines essential information for establishing a company in Japan or offering tech products to the Japanese market. Due to the stable economy and innovation Japan’s business environment offers significant opportunities. Type of companies Japan’s Companies Act defines four main types of corporate structures, each with distinct characteristics suited to different business needs. Kabushiki […]
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NBLO Participates in BESCO Initiative to Enhance Incentives for Angel Investors
As a law firm specialising in corporate and technology law, NBLO is proud to have recently participated in an initiative of the Bulgarian Startup Association (BESCO), advocating legislative amendments and tax benefits for angel investors in Bulgaria. The initiative aims for a more favourable environment for angel investment in Bulgaria. As part of a working […]
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Battery Energy Storage Systems: Bulgaria’s Legal Framework & Incentives
Explore Bulgaria’s battery energy storage system (BESS) regulations, financial incentives and compliance with EU directives. Learn why Bulgaria is a growing market for energy storage investments. With the increasing penetration of renewable energy in the energy source mix across global markets, the volatile supply of sources of renewable energy such as solar and wind, the […]
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Venture Capital Funds in Bulgaria: A Legal Overview
Bulgaria has emerged as a leading hub for venture capital (VC) activity in Southeast Europe (SEE). Against the backdrop of sustained economic growth in SEE, many international and local investors are drawn to Bulgaria’s increasingly dynamic venture ecosystem. Nature of VC Funds In European legal parlance, VC funds are classified as alternative investment funds (AIFs) […]
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The EU Blue Card as a way for non-EU nationals to be employed and live in Bulgaria and in the rest of the EU
What is the EU Blue Card? One of the more innovative developments of EU labour law is the so-called EU Blue Card, which is a type of residence and work permit designed for qualified foreign nationals from non-EU countries. It provides less complicated access to the EU labour market for third-country (that is, non-EU) nationals. […]
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New Highlights in International Arbitration
Two recent court judgments on arbitration decisions in France and the UK have shed light on some issues of regular interest to both practitioners and parties to international arbitration. In France, the outcome of an arbitration was challenged in the French Court of Cassation on the basis of bias, while in the UK the High […]
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Electricity Trading Licences in Bulgaria
As the Bulgarian market has witnessed a notable increase in renewable energy capacity, Bulgaria has implemented a rigorous licensing process for electricity trading. This article outlines the key steps and documentation required to obtain an electricity trading licence in Bulgaria. Step 1: Application pack and submission The first step in obtaining an electricity trading licence […]
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Investment in a limited liability company as a way to Bulgarian Permanent Residence
In 2013 several investment-related routes were introduced in Bulgarian nationality law. These allow an investor to obtain Permanent Residence. Тhe investment of approximately EUR 257,000 in a Bulgarian company may be a relatively low-risk way of becoming an EU citizen. Between 2014 and 2019 approx. 50 applicants have qualified on this basis. Qualifying investment To […]
