Lawyers and firms complain about slow work at the Registry Agency

Lawyers and businesses are voicing strong dissatisfaction with the perceived inefficiency and slow pace of the Registry Agency. This administrative bottleneck is reportedly causing significant delays and complications for companies operating in Bulgaria.

In response to these concerns, the Ministry of Justice has announced that the deadline for companies to convert their capital from Bulgarian leva to euros will be extended. This legislative adjustment aims to provide businesses with additional time to comply with the conversion requirements, acknowledging the current operational challenges posed by the Registry Agency's performance.

Legal professionals representing various companies have reported that applications submitted in the past month have faced considerable delays. The Ministry of Justice is actively preparing legislative amendments to streamline processes and improve the agency's responsiveness, signaling a commitment to resolving the issue.