Kinkin & Partners has been ranked Top Tier in the ITR World Tax Rankings 2024
For another year, we have been recognized as one of the leading Tax firms in Bulgaria, according to the International Tax Review’s World Tax Edition. K&Ps’ Tax team was once again ranked Top Tier in the fields General corporate tax and Tax controversy, due to the great work of the team, including Vladimir Kinkin, Nikolay Radev and Dilyana Tsoleva.
Nikolay Radev has always demonstrated a high level of professionalism and ability to navigate through various areas. His presence on our Tax team elevates our capacity to deliver high-quality legal representation, and his commitment to excellence does not go unnoticed by the ITR World Tax Leaders Rankings.
Dilyana Tsoleva is a great professional who is an integral part of the team and fully deserves the recognition she receives from this ranking.
ITR World Tax 2024 provides rankings and profiles of tax practitioners around the world, covering more than 140 jurisdictions located on every continent. Their rankings include law firms, consultancies and advisory groups, which ensures a very broad coverage of the global tax market and serves as a recognition of excellence in tax advisory and legal services.
Adriana Nacheva is recognized as one of the Top 10 Pioneering Energy Lawyers in Bulgaria to Watch in 2023
Adriana Nacheva, Partner, once again proves an extremely high level in the field of Energy, as is stated in the latest article by Business Today. Business Today is a news platform, which business experts provide in-depth coverage of various industries, such as technology, finance, law, real estate and more. Read more
The Supreme Administrative court definitively confirms the unnecessity of presenting a document for an established right to build in the riverbed in proceedings for issuing, amending and extending Water Abstraction Permits
The Supreme Administrative Court, a five-member panel, rendered a final decision No. 3933/11.04.2023 in Administrative Case. No. 7238/2022 regarding the case with the appeal of texts from the Ordinance on the use of surface waters, providing for the provision of a document for an established right to build in the riverbed in the proceedings for issuing, amending and/or extending the validity of the Water Abstraction Permits. Read more
Promotion of Kinkin & Partners team member
We are pleased to announce the promotion of Dilian Kolev in Kinkin & Partners.
Dilian has been part of our team since 2017, when he joined as a Legal Trainee. Thanks to his persistence, determination and outstanding professional and personal qualities, in April 2023 he already holds the position of Senior Associate. Read more
Kinkin & Partners authored the Complex Commercial Litigation 2023 chapter for Lexology Getting The Deal Through
Kinkin & Partners authored the Complex Commercial Litigation 2023 chapter for Lexology Getting The Deal Through. The team members of Kinkin & Partners who offer their expertise for Bulgaria are Silviya Spasova, Senior Associate and Domna Mancheva, Associate working under the directions of the head of the department – Vladimir Kinkin, Partner.
Membership in Bulgarian Business Leaders Forum
Kinkin & Partners was accepted as a member of the Bulgarian Business Leaders Forum - the largest and reliable association dedicated to the values of business ethics, corporate social responsibility and sustainable development in our country.
Kinkin & Partners authored the Electricity Regulation 2023 chapter for Lexology Getting The Deal Through
Kinkin & Partners authored the Electricity Regulation 2023 chapter for Lexology Getting The Deal Through. The team members of Kinkin & Partners who offer their expertise for Bulgaria are Dilyan Kolev, Associate and Lyubomir Valkov, Legal trainee working under the directions of the head of the department – Adriana Nacheva - Partner.
Promotion of Kinkin & Partners team member
We are pleased to announce the promotion of Domna Mancheva in Kinkin & Partners.
Domna has been part of our team since 2021, when she joined as a Junior associate. As of October 2022, she holds the position of Associate. Read more
Kinkin & Partners’ Tax team is ranked Top Tier in World Tax 2023
We are delighted to announce that the new edition of International Tax Review’s World Tax 2023 and World Transfer Pricing 2023 have been published. Kinkin & Partners’ Tax team has been successful in being ranked Tier 1 in Tax controversy and Tier 2 in General corporate tax.
The Kinkin & Partners team is recognized as recommended firm by IFLR 1000
The Kinkin & Partners team once again was awarded with leading positions by IFLR 1000 - one of the most prestigious international legal directories.
IFLR1000 is focused on ranking law firms and lawyers on the basis of financial and corporate transactional work.
Currently the guide publishes more than 750 practice area law firm rankings and more than 20,000 lawyer ratings across more than 235 jurisdictions - national and regional - globally. Read more
Do electricity distribution companies have to coordinate the connection of renewable energy sources with the Electricity System Operator and is there an additional cost for this service? (case in progress)
The issue of green energy production has become increasingly relevant in recent months - both because of the targets set for EU member states under the so-called "green deal" and because of the growing energy crisis following the ongoing war in Ukraine.
The Court confirms the unnecessity of an established right to build in the riverbed during the construction and operation of hydroelectric power plants
In March 2022, we informed you about the Supreme Administrative Court's Decision No. 2460 of 16 March 2022, by which the court declared legal and valid a building permit for a hydroelectric power plant, issued without an established right to build in the riverbed, which was previously challenged by the Prosecutor's Office. In May 2022, another chamber of the Supreme Administrative Court issued a second decision in the same direction - Decision No. 4238 of 04 May 2022.
The Supreme Administrative Court with a second decision on the case with the building permits in favor of hydroelectric power plants, attacked by the Prosecution
The Supreme Administrative Court issued a second decision (Decision No.4238 of 04.05.2022 of the Supreme Administrative Court in Administrative Case No. 209 / 2022), which confirmed its practice in favor of the owners of hydroelectric power plants, in connection with the cases initiated at the request of the prosecutor's offices for revocation of their issued building permits.
The Kinkin & Partners team is awarded with leading positions by Legal 500
The Kinkin & Partners team once again was awarded with leading positions by Legal 500 - one of the most prestigious international legal directories.
Тhe The Legal 500 Europe, Middle East and Africa (EMEA) guide provides researched coverage of over 80 countries and over 2,700 ranked law firmsThe ranking decisions are made on merit alone. Read more
Final Decision on the Dispute on the Legality of the Building Permits for the Construction of Hydroelectric Power Plants
In recent years, there has been a systematic practice of the heads of the RDNSK to refer to the Prosecutor's Office with reports of "illegal construction" regarding hydropower plants that do not have a construction right established by the Council of Ministers for construction in the riverbed. On the basis of these signals and their verifications, the Prosecutor's Office, in turn, protests construction permits for hydropower plants as invalid and seeks their annulment by the courts (both for hydropower plants under construction and those placed in service).
Are the contracting parties obligatory or optional necessary companions in the proceedings on a claim brought by a third party for nullity of the contract?
Silviya Spasova, Attorney at law, prepared an opinion in her capacity as rapporteur, appointed by the Supreme Bar Council on the interpretative case No. 7/2021 of the SCC on the following question: “Are the contracting parties obligatory or optional necessary companions in the proceedings on a claim brought by a third party for nullity of the contract?”. Contradictory case law has been found on the question.
Commission for Protection of Competition with a new decision for Black Friday
In the last decade, online commerce has become increasingly popular among the consumers of goods. This has led to an increasing orientation of retailers to take an act of creating their own online platforms or sites through which their products can reach a wider range of potential buyers. With the development of the online market, the competition between individual traders is intensifying, and some of them, in order to attract the consumer's attention to their own goods, allow themselves to apply unfair commercial practices, which harm the interests of both end users and their competitors.
Bulgaria’s Constitutional Court ruled a key judgement on the case of Corporate Commercial Bank (in insolvency). What is next after the Constitutional Court’s ruling?
The contested and already declared as unconstitutional provisions foresaw:
- Declaring as null and void of all, performed by the quaestors, temporary and permanent liquidity receivers of Corporate Commercial Bank AD /i/ in the period from its placement under special supervision until the date of initiating the procedure for liquidation of the bank’s property, deletions of collaterals established in favor of the bank given that the same remain valid and retaining their order, except in cases when the bank’s receivable is repaid in full by cash payment;
Summer season 2020, after 13 May 2020 – The end of the "State of emergency". Tourist trips, beach concessions, medical bath treatment centers.
1.Tourist trips. Tour operators.
The tour operator must reimburse the amount paid by the traveler for a tourist trip, in case of canceled trip due to the declared state of emergency. Another possibility is to offer the traveler a voucher for the amount paid. If the traveler does not accept the voucher and in the absence of another agreement for a tourist package /a replacement/ between the tour operator and the traveler, the tour operator must reimburse all payments received from the traveler or on his behalf, within 12 months from the date of the cancellation of the State of emergency. Read more
The New regulation of the measures after the end of the state of emergency according to the act on measures ans actions during the state of emergency, declared with Decision by the Bulgarian National Assembly on 13th March and on overcoming the consequences
In connection with the end of the state of emergency declared on the territory of the Republic of Bulgaria numerous amendments in the Act on Measures and Actions during the State of Emergency, declared with a decision by the National Assembly on 13th March, were adopted. The amendments have passed in the Transitional and Final Provisions of the Act on amendment and supplement of the Health Act, promulgated in the Official Gazette, issue 4, dated 13th May 2020, additionally to the title of the Act was added "and on overcoming the consequences". Read more
Successful extension of a permit for water abstraction of HPPs after winning a case before the SAC
Our client is a company which deals with the production of electric energy through the construction of hydroelectric power plants. In 2009, a permit for water abstraction and use of a water body for the construction of a small hydroelectric power plant was issued. The initial validity of the permit was until 2015. In 2012, the permit was amended, Read more
Additional Article about Obligations in commercial contracts and the /no/ realization during the state of emergency, announced in the Republic of Bulgaria - force major
The current presentation represents an addition to the article “Obligations in commercial contracts and the /no/ realization during the state of emergency, announced in the Republic of Bulgaria - force major”, published on March 25th 2020 on “Kinkin and partners” website, and depicts the amendments and supplements Read more
Additional Article about Functioning of the judicial system and private enforcement agents during the state of emergency, declared in Bulgaria
The current presentation represents an addition to the article “Functioning of the judicial system and private enforcement agents during the state of emergency, declared in Bulgaria”, published on March 25th 2020 on “Kinkin and partners” website, and depicts the amendments and supplements in the Read more
60/40 compensation paid by NSSI during the state of emergency declared in the Republic of Bulgaria on 13.03.2020 regarding the COVID- 19 pandemic
The newly adopted Law on Measures and Actions during the State of Emergency (published in SG No 28 of March 24, 2020, in force since March 13, 2020), hereinafter referred to as "the law", established the possibility for the country, through the National Social Security Institute (NSSI), to compensate employers affected by the state of emergency Read more
Opportunities, rights and obligations of employees in a state of emergency
Home office
In case of a state of emergency, the employer unilaterally and without the consent of the employee, may order working from home or teleworking, if the nature of the job under the job description allows that. Read more
Obligations in commercial contracts and the /no/ realization during the state of emergency, announced in the Republic of Bulgaria - force major
What exactly is force-major and could we rely on it in result of the emergency state in our republic, caused due to the Coronavirus-COVID-19 pandemic? Read more
Functioning of the judidicial system and private enforcement agents during the state of emergency, declared in Bulgaria
SUSPENSION OF TERMS
According to the recent Act on Measures and Actions during the state of emergency, declared with decision by the Bulgarian National Assembly on 13th March 2020, during the period between 13th March 2020 and the official revocation of the state of emergency the following terms are suspended: Read more
Notary services during the state of emergency
Notaries on duty
The Law on Measures and Actions during the State of Emergency (in force since 24.03.2020) provides that notary services are restricted and only "urgent" ones will be performed. It is important to note that the law does not explicitly define the term “urgent notarizations”, Read more
Reliefs for citizens within the state of emergency
In view of the announced with a Decision of the National Assembly of 13.03.2020 state of emergency in the territory of the Republic of Bulgaria measures and actions have been introduced in accordance with the Law for the Measures and Actions during the State of Emergency, announced with a Decision of the National Assembly of March 13, 2020, Read more
Extraordinary regulation of the basic tax obligations for merchants and natural persons
All of the legally established tax terms for declaring and depositing taxes, are being prolonged and also a specific way of using the tax reliefs is being established: Read more
Public Procurement Act and Contacts, regarding provisionof funding from the European structural and investment funds, in the state of emergency
REGARDING THE APPLICATION OF THE PUBLIC PROCUREMENT ACT
1. Circumstances, under which the provisions of the Public Procurement Act are not applicable for certain public procurements
The Act on Measures and Actions in the State of emergency, declared by the virtue of a decision of the National Assembly, dated March 13th 2020, stipulates the provisions of the Public Procurement Act not to be enforceable to: Read more
Amendments in the Accountancy act concerning the submission of declarations for inactivity in the CRRNPLE
Under the Accountancy act legal entities, that have not developed commercial activities as defined in the act , are obliged to declare this circumstance by the 31st of March of the next calendar year before the Commercial register and the Register for non-profit legal entities Read more
The Basin Directorate for Water Management cannot refuse the extension of a water usage permit solely on the ground that a hydroelectric power station is situated in a restricted area, whose borders and purposes are not specified by an order of the minister of environment and water
According to the decisions, recently rendered by the Supreme Administrative Court, the Basin Directorate for Water Management cannot refuse the extension of water usage permit Read more
Nikolay Radev, Senior lawyer at Kinkin & Partners, was elected as an arbitrator at The Court of Arbitration at The Bulgarian Industrial Association (BIA).
The work of The Court of Arbitration at BIA has a specific focus on commercial disputes between contractors who have chosen the respective court for dispute resolution.
The Court of Arbitration at BIA applies the methods of out-of-court dispute settlement through MEDIATION and ARBITRATION. Read more
Citizens filed a class action lawsuit against the National Revenue Agency over personal data breach
83 citizens filed a class action lawsuit against the National Revenue Agency (NRA) over the unprecedented leak of personal data, Read more
Аnnual autumn national conference of the Bulgarian Bar Association
The annual autumn national conference of the Bulgarian Bar Association was held on 12.10.2019 under the motto "Modern Challenges in Practicing the Law Profession". Read more
The Commission for Protection of Competition sanctioned the National Electricity Company EAD for abuse of dominant position on the market of balancing of electricity producers from renewable energy sources
The Commission for Protection of Competition established that by altering the forecast hourly production schedules submitted by the RES producers - members of the special balancing group (SBG) of NEK EAD, unjustified additional costs of imbalances on RES producers arise. Read more
Protection of data subjects under GDPR after the personal data breach in the system of the NRA
On July 15, 2019 it became publicly known that about 5 000 000 Bulgarian and foreign citizens were affected by the unprecedented leak of personal data from the National Revenue Agency’s (NRA) system. This violation in the security of mass amount of personal information poses two important practical problems - what are the obligations of the NRA and how can the affected persons protect their rights. Read more
Amendments in the rules concerning the declaring of ultimate beneficial owners
On 7th May 2019 amendments in the Measures against money laundering act were published, based on which the scope of the legal entities which need to declare their ultimate beneficial owners was reduced. Read more
The Constitutional Court has rescinded the fees for litigating EIA decisions
By its decision on Constitutional Case No. 12 of 2018, The Constitutional Court (CC) has declared unconstitutional the provision of Art. 99 (13) (former paragraph 12) of the Environmental Protection Act. Read more
International forum "Arbitration - new challenges"
An international forum organized by the Sofia Bar Association, Supreme Bar Council and Bulgarian Chamber of Commerce and Industry was held on 22nd and 23rd March, 2019. Read more
New rules on official documents in the EU
As of 16 February 2019 new rules apply regarding the simplifying of the requirements for presenting certain public documents in the European Union, adopted through Regulation 2016/1191 of the European Parliament and of the Council. Read more
Obligation for provision of information about ultimate beneficial owners
Between 1 February 2019 and 31 May 2019 legal entities established in the territory of the Republic of Bulgaria and other entities are obliged to provide information Read more
Substantial price increase of electricity on the “Day ahead” market
Since the end of 2018 there has been a significant price increase of electricity on the free market and in particular the energy traded on the Bulgarian Energy Exchange in the "Day ahead" module. Read more
New obligations for companies performing e-commerce
On 7 January 2019, the Revenue Authorities published a notice aimed at entities (physical or legal) trading electronically. The information states that merchants Read more
National Revenue Agency initiates inspections of approximately 13,000 companies for increased inventories
On January 4, 2019, the Revenue Authorities issued a notice stating that it was launching checks on a long list of companies identified in a "risk category". Read more
Kinkin & Partners in the international legal directories
The Kinkin & Partners team once again was awarded with the leading positions of the most prestigious international legal directories - Chambers and Partners, Legal 500, IFLR 1000. Read more
Procedure for admission of security
On 08th November 2017 Silviya Spasova, PhD in Law, took part as a lecturer in a seminar entitled “Procedure for admission of security“. Read more
Legal issues in the implementation of the Civil Procedure Code Possible solutions
Silviya Spasova, Senior Associate, presented a report on claim procedure at the two-day scientific and practical conference entitled “Legal issues in the implementation of the Civil Procedure Code. Possible solutions”. Read more
Arrests in Bulgarian Waters and Mortgagee’s Claims
Nikolai Radev contributed with a publication Arrests in Bulgarian Waters and Mortgagee’s Claims in the february issue of the The Arrest. Read more
Comparing Business Regulation for Domestic Firms in 190 Economies
Lawyers from Kinkin and Partners participated in а study Comparing Business Regulation for Domestic Firms in 190 Economies Read more
The Bulgarian chapter of Restructuring & Insolvency 2017 of the Getting the Deal Through
Tsvetelina Stoilova contributed to the Bulgarian chapter of Electricity regulation 2017 of the Getting the Deal Through. Read more
The Bulgarian chapter of Electricity regulation 2017 of the Getting the Deal Through
Siyana Veleva contributed to the Bulgarian chapter of Electricity regulation 2017 of the Getting the Deal Through. Read more
Waste and the European Commission's measures towards a circular economy
Waste management in the European Union has improved significantly in the recent decades. Although still less than half of the waste is recycled and the European economy is very dependent on the availability of resources, the reserves of which are gradually depleting. Read more
The Effect of the River Basin Management Plans on Investment Proposals with Valid Permit under The Water Act
The common framework for sustainable and integrated water management in the member states has been established in the Water Framework Directive (WFD), in force since 2000. Read more
Liberalization of the Gas Market – Prospects and Steps
After the progress on the process of liberalization of the electricity market and the start of the electricity market performance, as of the beginning of the year, on the agenda stands the issue of opening up the gas market and form conditions for a competitive environment for natural gas trade. Read more
Promotion of Kinkin & Partners team member
We are pleased to announce the promotion of Mr.Nikolay Radev in Kinkin & Partners. As of June 2016 he holds the position of Senior Associate. Read more
Waste Utilization for Energy Production
In the recent years the emphases in the environmental protection policies of the EU Member States is moving towards taking action to reducing and fully utilize the generated waste. Read more
Promotion of Kinkin & Partners team members
We are pleased to announce the promotion of Ina Bankovska and Gergana Shinikova at Kinkin & Partners. As of 1st of March 2016 they hold the position of Associate Lawyer. Read more
Kinkin & Partners participate in the 2016 World Bank Report
Kinkin & Partners’ team participated in the 13th annual World Bank Report providing analysis on the business legislative framework for "Doing Business 2016: Measuring Regulatory Quality" and Efficiency across 189 economies. Read more
How the Court Decides on the Cases of Illegally Collected Access Fee
On 14 September 2012 SCEWR (now CEWR) has adopted Decision C-33 by which a temporary access price to the electricity transfer and distribution grids for the electricity producers have been determined. Read more
Kinkin & Partners present the trends in Restructuring and Insolvency for 2016
For a second consecutive year Kinkin & Partners presents an expert analysis of the trends in the legal practice in "Restructuring and Insolvency" 2016 title of Getting the Deal Through. The team members of Kinkin and Partners who offer their expertise for Bulgaria are Yassen Hristev, Senior Associate and Ina Bankovska, Junior Associate . Read more
Kinkin & Partners present the trends in Electricity Regulation for 2016
For a second consecutive year Kinkin & Partners presents an expert analysis of the trends in the legal practice in "Electricity Regulation" 2016 title of Getting the Deal Through. The team members of Kinkin and Partners who offer their expertise for Bulgaria are Siyana Veleva, Senior Associate and Gergana Shinikova, Junior Associate. Read more
Protection mechanisms against company theft
A lot of small and medium sized enterprises in Bulgaria become subject to theft through forged documents. We are presenting a particular case from our practice with specific measures taken in protection of our client’s interests. What are the legislative mechanisms provided for protection and what additional possibilities exist for protection against such practices and our proposals for adequate measures in already arisen fraud cases.Read more in the article.
Current renewable energy development projects in Bulgaria, according to a regulatory framework
According to the latest amendment to Law on Renewable Energy from 24.07.2015, actual realization of renewable energy projects can be conditionally divided into short and long term projects. The division is required by the intended term of incentives to certain investments intentions in renewable energy. Short-term projects should be introduced into operation not later than 01.07.2016. Long- term projects are reassured by long-term contracts for purchase at preferential prices. Which renewable energy projects to which of those categories fall read in the article.
Professional growth of a member of our team
We are pleased to announce about the professional growth of Siyana Veleva in the Kinkin & Partners’ team. Since 01/09/2015 she holds the position of Senior Associate.
Siyana Veleva is in our team since 2008 and since then she successfully develops the following practices: Energy and Renewable Sources, Environment and natural resources, Real Estate, Urban Planning and Construction Works.
We are glad she is part of our team and wish her many successes and happiness.
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Kinkin & Partners won a public tender with assignment for preparation of mechanism for trading with white certificates.
“Kinkin & Partners’” team is a part of joint venture, which won a public tender of Sustainable Energy Development Agency with subject “Preparation/conducting analyzes, studies, assessments and others in field of energy efficiency, including determination of necessary legal and institutional conditions, related to the implementation of financial mechanisms” Read more
First official position of EWRC on application of art. 31, par. 5 Law on renewable energy
Energy and water regulatory commission expresses for the first time its official position on interpretation of average “annual operation time” for RES energy facilities as a forming element of feed-in-tariff, applicable for purchasing “green” energy. Read more
Feed-in-tariff and long-term contracts for the purchase of RES electricity will be not applied to energy facilities put into operation after 06.03.2015
Incentives for production of electricity from renewable energy sources, associated with feed-in-tariff and guaranteed purchase of produced energy from the grid operators for a period fixed by the Law on renewable energy, shall be considered as revoked for all energy facilities, put into operation after 06.03.2015 Read more
Attorneys from Kinkin & Partners joined the expert panel of authors in the Getting the Deal Through
Vladimir Kinkin, Partner and Yassen Hristev, Senior Associate were invited to join the 2015 expert panel of authors in the Getting the Deal Through edition of Restructuring & Insolvency. Getting the Deal Through is a market leading information service providing unique, cross-border guidance on 60 essential legal practice areas. Read more
Attorneys from Kinkin & Partners were invited to join the expert panel of authors in the Getting the Deal Through
Adriana Nacheva, Partner and Siyana Veleva, Associate were invited to join the expert panel of authors in the Getting the Deal Through fourth edition of Electricity Regulation. Getting the Deal Through is a market leading information service providing unique, cross-border guidance on 60 essential legal practice areas. Read more
A lawyer from the Kinkin & Partners team participated in the First IAPL-MPI Post-Doctoral Summer School on European and Comparative Procedural Law
Our colleague Silviya Spasova, Senior Associate applied for The First International Association of Procedural Law (IAPL) - Max Planck Institute (MPI) Post-Doctoral Summer School on European and Comparative Procedural Law and her application has been selected among a non-despicable number of submissions. Read more
Attorney Sylvia Spasova acquired educational and scientific degree "doctor"
Kinkin & Partners' team warmly greet attorney Sylvia Spasova for acquisition of the educational and scientific degree "doctor" under scientific specialty civil litigation, scientific direction - "Law". Read more
Participation in seminar
In the period 05-06.03.2013, an attorney of our team participated in seminar entitled "Basic mistakes and irregularities in public procurement - cases. The practice of the Court of Auditors, Public Procurement Agency, Commission for Protection of Competition and Supreme Administrative Court on current issues, related to the changes in the Law on Public Procurement."
Participation in courses in Academy of European Law (ERA)
Attorneys of the law firm participated in courses on EU Environment Law и Cross Border Civil Litigation in Academy of European Law (ERA), Germany.
Establishment of Foundation "120 years Law Faculty of Sofia University "St. Kliment Ohridski"
The Foundation "120 years Law Faculty of Sofia University "St. Kliment Ohridski" was established on November 24, 2011. Its aim is to encourage the research activity in the field of law and international relations, as well as to conduct, maintain and promote the performances of Graduates "Law" and "International Relations" at Sofia University "Kliment Ohridski". Read more
