On the threshold of joining the Eurozone as of January 1, 2026, Bulgarian companies are facing a series of legal and administrative changes. Among them are the dual price display, the mandatory update of corporate documentation, and the sanctions for non-compliance, as well as the new opportunities that come with transitioning to the single European currency.
On July 9, 2025, the European Parliament adopted a report confirming that Bulgaria meets the criteria for adopting the euro on January 1, 2026. This process represents a key step toward deeper economic and financial integration of Bulgaria into the European Union, which will bring significant changes and new opportunities for Bulgarian businesses, including easier access to the internal market and reduction of currency risks.
On August 19, 2024, the Law on the Introduction of the Euro in the Republic of Bulgaria (“ZVERB” or “the Law”) was promulgated in the State Gazette. Article 15 of ZVERB introduces new rules for price indication—all goods and services offered to consumers must display prices both in euros and in leva. The dual display of prices will be mandatory starting from August 8, 2025, and will continue until January 1, 2027. Prices in euros will be calculated using the official conversion rate and rounded according to established rules. Merchants will also be required to accept both euros and leva as means of payment, and in case of cash payments, change must be given back in euros.
All commercial companies are obliged to bring their internal corporate documents into compliance with the law within 12 months from the date of the euro’s introduction (Art. 32, para. 1 of ZVERB). For example, the articles of association of an LLC must be updated with the revised amount of capital and the shares of the partners (Art. 32, paras. 2–4 of ZVERB). Joint-stock companies must submit updated statutes with the converted capital and nominal value of shares. For this purpose, companies are exempted from state fees.
For breaches of the obligation for dual price display, the law provides for a fine ranging from BGN 400 to BGN 5,000 (Art. 59, para. 2 of ZVERB). The law also provides for higher administrative sanctions of up to BGN 100,000 for repeated violations by legal entities and sole traders.
G&P Law Firm is closely monitoring all upcoming changes and is prepared to provide legal assistance to your business. We offer comprehensive updates of corporate documentation in accordance with the new regulatory requirements. If you believe this information is relevant to your company, our team is ready to support you in preparing for the transition to the euro in Bulgaria. Please contact us for more information if you have questions or need advice.
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