Commercial and Corporate Law

Tomovi Law Firm in Varna advises managers, shareholders and entrepreneurs on company formation and changes, commercial contracts, disputes and debt collection.

How to prepare for the first consultation

State the result you are seeking, the current stage of the matter and whether a deadline is approaching. The relevant contracts, articles of association, minutes or correspondence are useful for the review. Confirm with the firm which documents are required and how to provide them.

Services for companies and entrepreneurs

○ Registration, changes and termination of commercial companies /sole-member limited liability companies, limited liability companies and joint-stock companies/.

○ Transactions with commercial enterprises.

○ Drafting contracts under the Commerce Act and advising on commercial transactions.

○ Advice on transactions involving relations with banks.

○ Drafting and registration of security and guarantees under commercial contracts, mortgages and registered pledges, security for receivables; drafting contracts for the sale of goods or services, distribution and commission agreements, contracts of carriage, leases, leasing agreements and others.

○ Registration of non-profit legal entities /associations, foundations and sports clubs/, changes in registered circumstances and deletion from the register.

○ Publication of annual financial statements in the Commercial Register at the Registry Agency.

○ Comprehensive legal services for commercial companies, cooperatives and non-profit legal entities, including monthly subscription-based legal services.

○ Protection through interim measures /security before a claim is filed or security for a pending claim/.

○ Advice and assistance in order-for-payment proceedings for the issuance of writs of execution.

○ Termination and deletion from the registers of branches or commercial representative offices.

 

Shares, management and company disputes

○ Capital, assets and interests in a limited liability company or joint-stock company. Increase or decrease of capital. Membership in a limited liability company; acquisition, transfer and termination of membership. Rights and obligations of shareholders. Exclusion of a shareholder, replacement of a manager and appointment of a procurator. Management and termination of the company; drafting agreements for the sale and purchase of company interests; contributions in kind to the capital of commercial companies; entrusting the management of a commercial enterprise; and inheritance of a company interest.

○ Types of joint-stock companies. Incorporation and capital of a joint-stock company. Shares and transactions involving shares, and the rights and obligations of shareholders. Joint venture agreements and shareholders’ agreements. Bonds, bondholders’ rights and conversion of bonds into shares; preparation of all required documents for meetings of management and supervisory boards; advice and preparation of documents for public procurement award procedures.

○ Actions relating to securing and collecting receivables /court-issued security orders, representation before an enforcement agent and others/, including the initiation and conduct of order-for-payment proceedings, commercial cases and enforcement proceedings for the collection of receivables.

○ Creation, amendment or supplementation of the articles of association or management agreement; changes in registered circumstances; preparation of meeting invitations and minutes of resolutions, as well as all other required documents; and drafting internal company documents /general terms and conditions, internal rules, confidentiality agreements, codes of ethics, job descriptions, orders appointing or dismissing employees, documents for disciplinary proceedings and others/.

○ Business reorganisation – from outsourcing or the transfer of a commercial enterprise /or a separate part of an enterprise/ to various forms of corporate transformation, including merger, division, absorption or a change in the company’s legal form. We discuss the available statutory options and their expected effects, prepare a timetable for the transformation and provide assistance throughout the reorganisation process.