Kamen Shoylev

Managing Partner

NBLO Managing Partner

Kamen is a Bulgarian advocate and a barrister in England and Wales.

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

Office Location: London and Sofia

  • 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 […]

    Read more

  • 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; […]

    Read more

  • Tax
  • 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 […]

    Read more

  • 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 […]

    Read more

  • Insolvency and Restructuring
  • 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 […]

    Read more

  • Venture Capital
  • 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 […]

    Read more

  • Opening a bank account in Bulgaria in the name of foreign business or organisation

    Foreign-Incorporated Business Bank Account Application In this note, we provide an overview of the requirements an overseas-incorporated business must generally meet to open a bank account in Bulgaria. We restrict our analysis to those organisations or businesses which are structured as companies or corporations in their home jurisdiction. Bulgarian law recognises legal forms originating in […]

    Read more

  • Post-Brexit: EU law derived rights for family members of settled UK citizens

    Are you a family member of UK citizens holding an EU residence permit in a country in the EU? Do you wish to reside in an EU Member State but are concerned that this would be impossible after the end of the Transition Period (TP)? We outline some of the options you may have now […]

    Read more

  • The validity of liquidated damages clauses in the UK and Bulgarian jurisdictions

    A liquidated damages clause is a contractual provision requiring a party to pay a genuinely pre-estimated and agreed amount in the event of a specified breach. The purpose is to compensate the injured contract party for the breach.  The inclusion of such a clause has the benefit of saving unnecessary costs and time for determining […]

    Read more

  • How temporary residents may become EU long-term residents or permanent residents in Bulgaria

    The Foreigners in the Republic of Bulgaria Act (“the Act”) provides for various ways for non-EU nationals to become temporary residents. The options include: becoming a trade representative of a company registered abroad; becoming a shareholder in a Bulgarian company, in which 10 jobs for Bulgarian citizens have been created; receiving a pension in your […]

    Read more

  • 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. […]

    Read more

  • INFLUENCERS AND ADVERTISING

    INFLUENCERS AND ADVERTISING is the first in our upcoming series on influencers and the law. Future articles will cover topics such as influencer liability and intellectual property matters. Influencer advertising takes a significant share of advertising spend, especially in sectors such as beauty, luxury and others, but also of general fast-moving consumer goods. The child […]

    Read more

  • Renewable energy in Bulgaria

    A recent report on Bulgaria’s renewable energy market by E3 Analytics – “Scaling-up Distributed Solar PV in Bulgaria” – found that solar PV projects in Bulgaria built for own consumption are intentionally under-dimensioned.  Nearly all energy is then consumed on-site to avoid having to export excess to the grid.  This is partly because electricity traders […]

    Read more

  • Obtaining an online gambling licence in Bulgaria

    We detail below certain legal requirements for obtaining an online gambling licence in Bulgaria.  Background The Bulgarian Gambling Act 2012 (GA) and its implementing legislation regulate Bulgarian online gambling. Online gambling was first legislated for in 2014.  Except for the recent move of regulatory powers from a standalone regulator (the State Gambling Commission) to the […]

    Read more

  • Food cooked at home and sold via social media in Bulgaria – what you need to know

    “I am passionate about Indian cuisine and want to start a small venture offering home cooked food for delivery via Instagram. What should I do to make sure my venture is in line with Bulgarian law?” Register! Under Bulgarian law, even a small venture of this type is subject to regulation if it can be seen […]

    Read more

  • Outsourcing, Digital Projects in Bulgaria – NBLO & LCA Studio Legale webinar

      New Balkans Law Office and LCA Studio Legale would like to thank everybody who joined us during our online seminar on the topic of Outsourcing and Digital Projects in Bulgaria. We hope that the perspective offered by the different speakers helped broaden your understanding of the market opportunities Bulgaria can offer to private and […]

    Read more

  • Investment in a limited liability company as a way to Bulgarian citizenship

    In 2013 several investment-related routes were introduced in Bulgarian nationality law. These allow an investor to obtain permanent residence and subsequently apply for Bulgarian citizenship in a privileged manner. 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. […]

    Read more

NBLO Managing Partner