BULGARIA Law and Practice Contributed by: Nikolay Zisov, Svetlina Kortenska, Deyan Terziev and Teodora Peycheva, BOYANOV & Co.
BOYANOV & Co. was established in 1990 and is recognised as one of Bulgaria’s leading full-service business law firms, with a distinguished presence throughout Southeast Europe. Known for its commit- ment to excellence, the firm handles complex, high- stake matters for clients, including multinational cor- porations, financial institutions, venture capital funds, founders and start-ups, as well as governmental bodies. BOYANOV & Co. is well-regarded for manag- ing critical transactions and intricate litigation, ensur- ing clients receive tailored legal solutions to navigate regulatory landscapes, resolve disputes and achieve
sustainable growth. Its team of highly skilled attor- neys combines extensive experience with strategic insight, allowing them to tackle diverse legal chal- lenges across industries. The firm emphasises client- focused service, building long-term relationships and maintaining a proactive approach to understanding each client’s individual needs. With its consistent track record and dedication to delivering high-quality results, BOYANOV & Co. has earned its reputation as a trusted adviser and top-notch legal partner, bring- ing value and innovation to every engagement.
Authors
Nikolay Zisov is head of BOYANOV & Co.’s tech practice and a highly experienced adviser to both multinational and local clients in technology M&A, IT/IP, cloud computing, fintech and cybersecurity.
payment services providers, e-money and insurance companies. Her work involves regulatory advice for broad financial services sectors, with emphasis on ensuring financial services compliance of global clients, advising on the EU-wide requirements and guidance by EBA, ESMA and EIOPA. Svetlina has also advised Meta on the acquisition of a successful Bulgarian start-up, and on licensing and regulatory requirements.
He has led numerous tech M&A transactions, including Synechron, Inc’s recent acquisition of Dreamix in Bulgaria, one of the largest Bulgarian technology M&A deals in 2024. Nikolay advises top industry players Microsoft, Google and Meta on various legal issues specific to Bulgaria. He also specialises in fintech, supporting licensing and regulatory compliance for innovative payment and e-money institutions. Nikolay is a strong supporter of the local start-up community, working with start-ups, founders and venture capital funds on their projects in Bulgaria.
Deyan Terziev advises tech clients on telecoms regulations, data protection, e-identification, digital signatures, connected vehicles and cybersecurity. He has conducted due diligence for telecoms, IT, TV and radio companies,
and leads data protection compliance projects for international clients’ local subsidiaries. Recognised as a Certified Information Privacy Professional for Europe, Deyan also supports clients on the legal regime for number-independent communications under the European Electronic Communications Code. He contributes to BOYANOV & Co.’s legal projects involving autonomous and connected vehicles, offering expertise in emerging regulatory landscapes.
Svetlina Kortenska is highly regarded for her experience in capital markets, banking and financial services. She advises fintech-focused clients on regulatory compliance in areas such as M&A, financial and investment
services and technology, licensing and supervision of credit and financial institutions, UCITS and AIFs,
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