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Setting up a Business in Bulgaria

 

“Bulgaria is getting ready for EU Membership”

 
 
bulgaria business services Overview
bulgaria business services Geography
bulgaria business services Political Structure
bulgaria business services Country Structure
bulgaria business services Facts and Figures
bulgaria business services Bulgaria and the European Union
bulgaria business services Judiciary System
 

About Bulgaria - Political Structure

Bulgaria is a parliamentary republic that abides by the Constitution of the Republic passed by the Grand National Assembly in July 1991. The constitution of the Republic of Bulgaria is the supreme law of the country and no other law may contravene it. All international treaties, which are ratified pursuant to the constitutional procedure, are considered part of the domestic legislation.

The supreme legislative body is the National Assembly (Narodno Sabranie), seated in the capital Sofia. It enacts legislation and ratifies international treaties. Municipal councils perform legislative functions at the local level and in full compliance with the laws enacted by the National Assembly.

The 240 members of the National Assembly are elected for a four-year term directly by the electorate based on a system of proportional-majoritarian representation.

The Council of Ministers heads the Executive on a national level. District Governors and Mayors represent the Executive, and implement the Government’s policy within their respective jurisdictions at the local level.

The President is elected directly for a five-year term. He has limited authorities in the law-making process, certain representative functions and symbolizes the unity of the nation.

 

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