Bulgarian Government begins systematic liquidation of property assets owned by abandoned companies.

Now three years after the twice extended deadline, thousands of Bulgarian companies remain in their original illegitimate format, the assets of which are now being ceased and liquidated by the state. If you own a property via a Bulgarian limited company and it currently remains in its original format, you must act to preserve your ownership before 31.1.2015 or risk losing the property entirely without appeal.

Do you own a Bulgarian property via a Bulgarian Limited company and didn’t get the company reregistered? If so, please click here to view the full article.