Michael Ivanov
Business Development Associate
Michael is assisting NBLO on a wide range of tasks, including technical support, administration, marketing, research and business development. His flexible thinking and proactive approach allow other members of the team to perform their tasks at top capacity, as well as provide them with additional support when needed. Some of his responsibilities include assisting with day to day tasks at the office, coordinating document circulation and translations, assisting with workflow optimization, attending and organising events, promoting NBLO’s practices, introducing new clients to the firm and expanding the firm’s reach to the Japanese market.
Prior to joining NBLO, Michael spent one year living in Japan, gaining knowledge in various subjects such as Japanese law, economics, sociology and psychology at a private university with deep connections to Bulgaria. In addition, he has spent four years at Sofia University learning Japanese language, among other aspects of Japanese culture, further improving his critical and out of the box thinking. Currently, his interests include startups, crypto, venture capital investments, technology transfers and immigration.
Qualifications: Japanese Studies (Sofia University) (2024) Psychology/Criminal Investigation Psychology (Fukuyama University) (2023)
Languages Spoken: Bulgarian, English and Japanese
Office Location: Sofia
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Expat Assistance
Advice prior to arrival Work permit requirements and immigration (for non-EEA, non-Swiss nationals); Arranging residence documents (for EEA and Swiss nationals); Setting up a Trade Representative Office; Planning for issues connected with healthcare, education, child care and buying, owning and renting property. After arrival Renting and owning property, establishing and terminating leases over office space […]
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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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Blockchain and Cryptocurrency
NBLO has advised blockchain entrepreneurs since 2016 and remains well connected in the field. Bulgaria is attractive to early-stage firms which appreciate its talent pool, its vibrant tech community and the countries low business, labour and living costs. The overwhelming majority of Bulgaria’s blockchain and cryptocurrency entrepreneurs operate in Sofia which functions as a “sandbox” […]
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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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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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Bridging Europe and Japan: Tech & VC Collaboration
Hosted by New Balkans Law Office (NBLO) on February 12, 2025, the hybrid webinar “Cross-border Tech and Venture Capital (VC) between Europe and Japan” brought together thought leaders, investors, and entrepreneurs to explore opportunities in cross-border collaboration within the technology and innovation sectors. With Japanese partners joining us, the event saw participation both in […]


