
Following a series of international recognitions in 2026, G&P Law has reached another important milestone with its first contribution as an author to the Chambers Global Practice Guide: Corporate Governance 2026, one of Chambers & Partners’ leading international publications dedicated to corporate law and corporate governance.
Earlier this year, the firm achieved its first ranking in Chambers Europe in the Corporate/Commercial – Bulgaria category and was also included in the prestigious Chambers Global rankings for the same practice area. G&P Law also contributed to the Chambers Global Practice Guide: Real Estate Litigation 2026. Its participation in the Corporate Governance guide marks another step in strengthening the firm’s position as an internationally recognised legal adviser for complex corporate and investment projects.
The Bulgarian chapter of Corporate Governance 2026 was prepared by attorneys Marin Sarafov, Petya Norova, Iva Georgieva and Eduard Milchev, who provide a practical overview of Bulgaria’s current legal framework for businesses and investors.
A Practical Guide for Investors and Companies
The Chambers Global Practice Guide is far more than a summary of the applicable legislation. It serves as a practical reference for international investors, in-house counsel, corporate executives and businesses planning to enter or expand their presence in the Bulgarian market.
The Bulgarian chapter addresses the legal and commercial issues most frequently encountered when structuring investments, managing companies and conducting day-to-day business operations in Bulgaria.
Key Topics Covered
The guide provides practical insights into a broad range of corporate and regulatory matters, including:
- Bulgaria’s new Foreign Direct Investment (FDI) Screening regime, including when prior approval is required, how the procedure works and the potential consequences of non-compliance;
- the different corporate vehicles available in Bulgaria, including Limited Liability Companies (LLCs), Joint Stock Companies (JSCs) and the newly introduced Variable Capital Company (VCC), together with guidance on when each structure is most appropriate;
- company incorporation, corporate governance, directors’ and shareholders’ responsibilities, and governance best practices;
- merger control, M&A transactions and the latest developments in Bulgarian competition law;
- the legal framework governing employment, corporate taxation, intellectual property protection and GDPR compliance;
- upcoming legislative developments affecting businesses, including the adoption of the euro, the evolving investment screening regime, and new European regulations concerning competition, artificial intelligence and the digital economy.
A Valuable Resource for Businesses
The guide offers practical guidance on issues relevant to every investor and company considering doing business in Bulgaria—from selecting the most suitable corporate structure and navigating regulatory requirements to managing legal risks and preparing for future legislative changes.
Through its contribution to the Chambers Global Practice Guide: Corporate Governance 2026, G&P Law continues to promote Bulgarian legal expertise within the international legal and business community by sharing the practical experience of its team on some of the most significant issues in corporate law.
The full Chambers Global Practice Guide: Corporate Governance 2026 is available on the Chambers & Partners website and serves as a valuable resource for investors, companies and legal professionals interested in Bulgaria’s legal and business environment. Read the full guide here.
