Leading experts in the field of commercial law are adamant that the Law of Commerce needs changes that reflect developments in judicial practice and resolve certain controversial issues that create uncertainty for businesses.

To this end, the Ministry of Justice has formed a working group comprising Prof. Ognian Gerdzhikov, Prof. Angel Kalaydzhiev, Prof. Grigor Grigorov, Assoc. Prof. Tanya Buzeva, Assoc. Prof. Aneta Antonova, Prof. Zahari Tormanov, Assoc. Prof. Anna Staneva, Alexander Katsarski, Attorney Viktor Tokushev, Judge Kostadinka Nedkova, Judge Totka Kalcheva, and representatives of the Ministry of Justice and the Registry Agency.

The areas the working group has identified as needing change are the inheritance of sole traders, the inheritance of membership rights in commercial companies, the inheritance of the rights and obligations of a sole trader, the inheritance of the rights and obligations of a member of a commercial company, the inheritance of the rights and obligations of a partner in a commercial company, and the inheritance of the rights and obligations of a partner in a commercial company.

As part of the process, the work group has also considering proposals received from the American Chamber of Commerce in Bulgaria.