Legal and regulatory requirements in Bulgaria, including compliance obligations, governance topics, and related legal frameworks for companies and individuals.
Quick Answer Directive (EU) 2023/970 introduces EU-wide pay transparency and gender pay gap reporting rules. Bulgaria must transpose the Directive by 7 June 2026. Reporting obligations will begin after transposition, with first reports expected in 2027 for larger employers under the EU baseline timeline.. As of February 2026, no implementing legislation has been adopted. Reporting […]
Quick Answer An Ultimate Beneficial Owner (UBO) in Bulgaria is the natural person who ultimately owns or controls a company, typically through holding 25% or more of shares or voting rights, or exercising control by other means. UBO information must be declared in the Bulgarian Commercial Register and kept up to date under the Measures […]
Quick answer Most companies in Bulgaria are currently not directly required to produce full ESG or CSRD reports. However, many are affected indirectly through banks, EU parent companies, investors, or customers. In practice, ESG usually means organising existing data from payroll, invoices, and governance documents to answer requests credibly — not producing sustainability reports, certifications, […]