Home / Capital transformation / Terms and conditions
Short, readable and with no fine print — the same way we work on our matters. In force from 22 July 2026 for orders placed through innovires.com/en/capital-transformation/. Each order is governed by the version in force at the time of ordering.
In short — in plain language
The summary is for quick orientation — the binding text is the 15 items below.
The service is provided by Dimitrova, Cholakov & Partners LLC (UIC 204566706), with its registered seat at 25 Vitosha Blvd, fl. 2, Sofia; email office@innovires.com, phone +359 888 787 414. The work on every order is carried out and reviewed by the firm's attorneys and lawyers, named individually on the Team page. The attorneys practise under the Bulgarian Attorneys Act, and their professional liability is covered by the mandatory professional indemnity insurance.
The service is intended for commercial companies (EOOD and OOD at the standard price; other legal forms — after an individual quote). The client under the contract is the company whose UIC is stated in the order. By submitting the order you declare that you are a legal representative of the company or duly authorised to act on its behalf; otherwise you are personally liable for the obligations undertaken.
The contract is concluded when you submit the order through the site and accept these terms: for card payments — upon successful payment; for bank transfer — upon receipt of the amount in the account stated in the pro-forma invoice. Until then, neither party owes the other anything.
For the stated final price, we prepare and file the complete set of documents to convert the company's share capital and constitutional documents into euro under the Euro Introduction Act (ЗВЕРБ): an official check of the company's file in the Commercial Register; calculation of the capital and shares at the fixed rate of 1 EUR = 1.95583 BGN, with rounding options of up to ±5% (Art. 32(5) of the Euro Introduction Act (ЗВЕРБ)); a resolution of the sole owner or minutes of the General Meeting; updated articles of association / company agreement; the mandatory declarations; an application for announcement filed by a lawyer using a qualified electronic signature (QES); and tracking of the company file through to entry. No state fee is due (Art. 32(4) of the Euro Introduction Act (ЗВЕРБ)).
The standard price covers the redenomination under item 3 — with nothing hidden beyond it. The following are separate services (each under a separate quote agreed in advance): registration of other changes to the company file (manager, seat, partners, capital, etc.), including where filed together with the redenomination; legal advice outside the procedure; tax and accounting advice; and appeals against a Commercial Register refusal for reasons outside the documents we prepared. No additional service is performed or charged without your express consent.
The price is €99 incl. 20% VAT — the final amount charged (net €82.50); it applies to EOOD and OOD companies and is stated on the service page before you order. Payment is made online through the payment service provider viva.com (card, Apple Pay, Google Pay) or by bank transfer against a pro-forma invoice sent to your email; card details do not reach us and are not stored by us. The payment provider's own terms also apply to the card transaction; a payment declined or failed for reasons within the bank, card scheme or provider creates no obligations for us, and if you are charged twice or in error we refund the excess as soon as we discover it or you notify us.
An invoice is issued to the company under the UIC you provide (or to another recipient you specify) and is sent to you by email together with the prepared documents. You are responsible for the accuracy of the invoicing details.
By ticking your consent when ordering, you expressly request that performance begin immediately after payment (for bank transfer — immediately after the amount is received). The first step is the official check and the calculation; the document set is ready within 2 business days of payment. We contact you again only if something in the company file requires a decision on your part.
Delivery: all prepared documents and the invoice are provided electronically — we send them to the email you provide when ordering, within the period above. No physical (courier) delivery is made and no delivery charges are due.
If, during the check, we find a particularity that requires individual legal work beyond the scope under item 3 (for example, a pledged or attached share, pending proceedings, a dispute between partners, parallel changes, or an AD with a complex structure), we notify you before preparing anything. You choose: a full refund of the amount paid, or an individual quote for the extended scope.
We refund what you paid in full: (a) where we decline to take on the case; (b) where you cancel before we have sent you the prepared documents; (c) in the cases under item 7, if you do not accept the individual quote. If the Commercial Register issues a refusal for a reason arising from the documents we prepared, we correct them and re-file at no additional charge. Refunds are made to the card/account from which payment was made, within 14 days.
You are responsible for the accuracy, completeness and currency of the data you provide to us (contact details, UIC, invoicing details) and for the timely signing of the prepared documents by the persons with authority to represent the company. The 2-business-day period runs from payment and is extended accordingly if we are waiting for a reply or signatures from you. Where you provide us with data about third parties (partners, managers, proxies), you confirm that you have a legal basis to do so and that you have fulfilled your obligations to inform them.
Our 2-business-day commitment covers preparing and filing the documents. The entry itself is made by the Registry Agency within its own timelines (Art. 19(2) CRRNPLEA — after three business days from submission; in practice usually 3–5 business days, longer at peak load). We do not control and are not responsible for the timelines, instructions, system delays or practice of the register or of other public authorities and banks — but we track your company file through to entry, keep you informed of every development, and our commitment under item 8 in the event of a refusal stands.
We process personal data solely for the purpose of performing the order, in accordance with the Privacy Policy. We do not require scanned identity documents for the standard procedure; the company data is obtained officially from the public Commercial Register (Art. 11 CRRNPLEA). Correspondence and case materials are additionally protected by attorney-client privilege (Art. 45 of the Bulgarian Attorneys Act).
The documents prepared for you are yours — you may use them freely for the company's purposes, with no restrictions from us. The content of the site (texts, calculators, structure, design) belongs to the firm and may not be copied or reused to build competing services without our written consent.
We stand behind our work as attorneys — with a review of every document set, with our commitment under item 8 in the event of a refusal, and with the mandatory professional indemnity insurance. We are not liable for damage arising from inaccurate or incomplete data provided by you, from delayed signing on your side, or from the acts and omissions of third parties (the register, banks, payment providers). Except in cases of intent or gross negligence, and unless a mandatory legal provision requires otherwise, our liability under a given order is limited to the fee paid for it.
Correspondence about the order is conducted through the email you provide; keep it current — a message sent to the last address you provided is deemed duly received. For any complaint, write to office@innovires.com — we reply within 2 business days. Disputes are resolved by agreement and, where that is not possible, by the competent Bulgarian court. Consumer-protection supervisory authority: the Commission for Consumer Protection (kzp.bg); EU online dispute resolution platform: ec.europa.eu/odr.
We may amend these terms prospectively — the current version is always on this page, with its effective date. Each order is governed by the version in force at the time of ordering; amendments do not affect orders already paid. If any individual clause proves invalid, the remaining clauses stay in effect and the mandatory rules of law apply in its place. Bulgarian law governs all matters not addressed here.
These terms supplement, but do not replace, the applicable law. Version of 22 July 2026 (replacing the version of 5 July 2026; orders placed before 22 July 2026 remain governed by the previous version).