Re-registration is obligatory for all companies registered before January 1st 2008.
Not fulfilling this obligation will lead to liquidation of the company. The company-owner will be held responsible for all expenses made concerning the liquidation.
After re-registration the financial reports over the 3 previous years have to be published at the Trade Register/Търговски регистър within 3 months after re-registration.
Ask your lawyer or accountant about the current status of your company or contact us when you have any further questions.