Which terms make a commercial contract legally enforceable in Bulgaria?

A contract that is commercially sound should spell out clearly: who the parties are and in what capacity they act; the subject matter and its specifications; the price and how it is to be paid; the deadlines for delivery or performance, with penalty clauses in case of delay; how disputes are to be resolved (court jurisdiction or arbitration); and the governing law. Under Bulgarian law, an ambiguous term is interpreted against the party that drafted it.

What are the ways to settle a commercial dispute in Bulgaria?

You can negotiate, go to mediation, use arbitration (domestic, at the BCCI, or international) or litigate before the Commercial Divisions of the District Courts. At first instance, a court case usually lasts 1–3 years. Where a money claim is undisputed, the payment order procedure under Art. 410 CPC is considerably quicker.

Who do I contact about a commercial law matter in Bulgaria?

Write to office@borderless-legal-bulgaria.com or call +359 886 882 208. The initial consultation on your case is free of charge.

Commercial Law

We advise companies and entrepreneurs in Bulgaria on contracts, represent them in commercial disputes and protect their business interests.

Commercial law sets the rules for business activity. It covers relations among traders, relations between a trader and consumers, and relations inside commercial companies. At Borderless Legal, traders and entrepreneurs get specialist legal help with a wide range of such questions.

We write and review commercial contracts: franchise, agency, distribution, leasing, supply and sale agreements, and contracts for works. We also give advice on commercial security, on credit risk and on recovering debts.

When a dispute arises, we negotiate on your behalf and represent you in mediation, in court or in arbitration. Our experience includes defending commercial rights in the Court of Appeal and in the Commercial Division of Sofia City Court.

What we handle

Drafting commercial contracts and negotiating their terms
Reviewing commercial contracts from a legal standpoint
Acting for clients in commercial disputes
Payment order proceedings and the recovery of commercial debts
Credit risk management and commercial security
Protection from unfair competition and from infringement of commercial rights
Advice on Commercial Register matters and on changes to companies

If you have a question about commercial law or need a lawyer in this area, let us know.

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Questions we are asked most often

Which terms make a commercial contract legally enforceable in Bulgaria?: A contract that is commercially sound should spell out clearly: who the parties are and in what capacity they act; the subject matter and its specifications; the price and how it is to be paid; the deadlines for delivery or performance, with penalty clauses in case of delay; how disputes are to be resolved (court jurisdiction or arbitration); and the governing law. Under Bulgarian law, an ambiguous term is interpreted against the party that drafted it.
What are the ways to settle a commercial dispute in Bulgaria?: You can negotiate, go to mediation, use arbitration (domestic, at the BCCI, or international) or litigate before the Commercial Divisions of the District Courts. At first instance, a court case usually lasts 1–3 years. Where a money claim is undisputed, the payment order procedure under Art. 410 CPC is considerably quicker.
Who do I contact about a commercial law matter in Bulgaria?: Write to office@borderless-legal-bulgaria.com or call +359 886 882 208. The initial consultation on your case is free of charge.

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Commercial Law

What we handle

Questions we are asked most often

Guides on this subject

Residence through a trade representative office: how the route works, step by step

Case studies in this area

Industrial property leased long-term from a state-owned enterprise through a public tender

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