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After the small Christmas miracles come the big ones.
The first VCC is in the Commercial Register!
You can now (re)register your company as a variable capital company.
We thank the Ministry of Electronic Governance and the Registry Agency for fulfilling their commitment ahead of the final deadline set — March 2025. This is the attitude from institutions that business and society expect and appreciate.
The VCC is the biggest reform to the Commerce Act.
It took more than 4 years.
The new company type is a modern instrument that provides:
Our friends from Tokushev & Partners and DSP Law Office have prepared a model articles of association for a VCC especially for BESCO members. If you are already a member, check our community board on Notion and Discord.
Leadership & Advocacy Academy doesn’t only develop individual participants. For BESCO, it is a long-term investment in a stronger ecosystem - building capacity where it matters most: within the organizations, institutions, and communities that shape the public environment.
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POSITION of the Association for Innovation, Business Services and Technologies (AIBEST) Regarding Draft Concept for Building a School STEM Environment
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In this opinion, BESCO objects to the proposed requirement that insurance contracts be signed mandatorily with a qualified electronic signature (QES), as this raises costs and hinders access to insurance services and duplicates the framework already in place in the LEDETS (Law on Electronic Document and Electronic Trust Services).
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Read articleThe proposal constitutes a substantial departure from the current legal framework. At present, the maximum pecuniary sanction under Article 210b of the Consumer Protection Act is BGN 70,000.
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