All e-commerce actors are interested in the new legislation, from retailers and online markets / platforms (both inside and outside the EU) to postal operators and couriers, customs, tax administrations and consumers. From 1 July 2021, the VAT rules for cross-border activities in the consumer market (B2C) in e-commerce have changed. The reason for these changes is to overcome the barriers to cross-border online sales and to overcome the challenges arising from VAT regimes for distance sales of goods, especially for the import of low value shipments.

A 10-year prescription period for monetary obligations of individuals was introduced by the Parliamentary Legal Affairs Committee. With the addition of a renewed art. 112 in the Law on Obligations and Contracts, an absolute prescription, unknown till now in Bulgarian private law, is established. The provision reads  as follows:

1. Nature of the lease agreement
The lease contract for real estate is regulated by the Law on Obligations and Contracts . Pursuant to art. 228 of the Law on Obligations and Contracts, with the lease contract, the lessor is obliged to provide the lessee with an movable or immovable property for temporary use and the lessee is obliged to pay a certain price.

Special responsibility of the builder, warranty obligation, characteristics and regulations.

The legislation related to the warranty periods for completed construction and installation works is contained in the Spatial Planning Act and Ordinance № 2 of 31.07.2003 on the commissioning of construction works in the Republic of Bulgaria and minimum warranty periods for completed construction and installation works, facilities and construction sites (Ordinance №2 / 2003).

Main accents

The Community law regulates the European company as a mixed form of companies with registered seats or activities in different Member States, regulated by different legal systems. In this regard are established uniform rules, most of them referring to the provisions concerning the joint stock companies, regulated by the law of the Member State in which the company decides to open its registered office.

I. INTRODUCTION
The present complicated situation caused by the diffusion of COVID-19 raises a number of questions related to the settlement of the commercial relationships. The biggest preoccupation is in the fact that the termination of lot of activities causes a perceptible reduction in the turnover of the traders who have rent contracts of commercial space, making it difficult for them to fulfill their contractual obligations and to pay the rental price.

I. Funding by the European Commission
The European Commission has approved a public guarantee scheme of BGN 500 million (approximately EUR 255 million) in support of small and medium-sized enterprises in the context of the outbreak of the COVID-19 pandemic.

The problem
The urgent situation created by the rapid spread of Coronavirus causes a significant impact not only on individuals and their freedoms, but also on companies that may find themselves in real difficulty and unable to fulfil their contractual obligations properly.

In the complicated environment caused by the spread of Coronavirus (Covid-19) and the changed economic situation in Bulgaria and around the world, many commercial banks have taken measures to facilitate their customers. Part of the measures consist in facilitating banking, payment and other administrative services, and others in extending credit terms.

Here's how the issue with the main banking institutions is:

UniCredit Bulbank: The bank works actively to ensure that a wide range of banking services are available in a secure and fast manner without the need for a branch visit. The remote channels such as Bulbank Mobile, Bulbank Online and the Customer Contact Center are available to the clients.

With the donation contract, the donor gives up immediately and gratuitously something to the donated person who accepts it.
The corporate tax framework allows donors to ease their tax obligations by reducing the taxable amount of the donation.