Tanya Todorova
Associate
Tanya has wide practice in insolvency proceedings, providing procedural representation in court and participating in significant lawsuits with a total material interest exceeding several hundred million leva, basis for establishing case law.
Tanya has more than 6 years of extensive experience in providing legal advice and representation in the areas of insolvency, corporate and commercial law, banking and finance, contract law, real estate matters. Tanya’s expertise also includes credit financing and compliance with anti-money laundering regulations.
Tanya has been responsible for managing and implementation of legal and regulatory risks in the application of the various laws relevant to banking institutions. Under her guidance, a comprehensive methodology ensures compliance with multiple legal requirements and she has authored rules to guide entire projects and facilitate the sale of assets of different material value, the largest of which exceeds the amount of 18 million leva.
Qualifications: Veliko Tarnovo University, LL.M.
Languages Spoken: Bulgarian and English
Office Location: Sofia
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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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Late Payment of VAT under Bulgarian and EU Law: Can It Be Treated as a Minor Violation?
In principle, failure to pay Value Added Tax (“VAT”) within the statutory deadline exposes the taxpayer to potential sanctions under Bulgarian law. However, in certain circumstances — particularly when any possible harm to the public budget has been swiftly remedied—this breach of the law may be deemed as minor violation. The following analysis examines both […]
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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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Advantages of a Bulgarian Variable Capital Company
Our previous articleThe Bulgarian Variable Capital Company provided a detailed explanation of the newly established form of company in Bulgaria, the Variable Capital Company (VCC), and how it differs from existing business forms (known by their Bulgarian abbreviations CD, KD, OOD, AD and KDA). This article will explore the various advantages that the VCC offers to […]
