EUROPEAN ENFORCEMENT ORDER FOR UNCONTESTED CLAIMS PURSUANT TO REGULATION № 805/2004 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF EUROPE
The State, the Union, the citizens and their legitimate interests, or how the EU opens up new opportunities for the citizens of Europe The present day legal framework of the European states and of the European Union provides for a rich variety of mechanisms for protection of creditor interests in civil and commercial legal relations.
EUROPEAN ORDER FOR PAYMENT PURSUANT TO REGULATION NO 1896/2006 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 12TH DECEMBER 2006
Reasons for introduction of the order for payment procedure This procedure will make it possible for the creditor to claim his undisputed takings against debtors in all EU-member countries where the Regulation applies. The implementation of such legal procedure in the law systems of the European countries enables creditors to avoid the complex and differing from country to country regular...
Every proprietor or commercial enterprise in Bulgaria which wishes to engage commercially in the international transportation of goods by motor vehicles of Bulgarian registration needs to obtain the so called Community License for the International Carriage of Goods by Road valid in the EU member states This license is issued by the Minister of Transport, IT and Communications, or by an...
BAN ON LEAVING THE COUNTRY IN CASE OF OUTSTANDING DEBTS OR STATE INTERVENTION IN PRIVATE LEGAL DISPUTES
The purpose of the execution process is the effective recovery by the creditor /claimant/ of his receivables. Subject to execution is all of the debtor’s property fitted for confiscation, and in the event there is no such property available there remains the possibility to place restrictions on the debtor’s free movement outside the territory of the country.
As the calendar year draws to a close, one of the topics invariably bound to become issues of the day is that of the changes in the tax legislation. Naturally, the question of interest to individuals and legal entities is the expected change to the size, methods of determining and payment of their public obligations, state and local taxes and fees included.