The European Commission is referring Bulgaria to the Court of Justice of the EU for continuously failing to connect its national business register to the Business Registers Interconnection System (BRIS), BNR’s correspondent in Brussels Anguelina Piskova reports. The deadline for Bulgaria to connect to BRIS was 8 June 2017.
“Bulgaria's failure to connect to BRIS makes it complicated for EU citizens, companies and professionals to obtain relevant information on Bulgarian companies,” the European Commission writes. “Furthermore, without BRIS, business registers cannot cooperate in cross-border mergers that involve Bulgarian companies or in procedures related to cross-border branches of Bulgarian companies.”
Last month Bulgaria’s caretaker Minister of Justice took urgent measures to solve the problem concerning the connection of the national business register with the Business Registers Interconnection System, which was delayed for four years, announced the Ministry of Justice. Bulgaria’s caretaker Minister of Justice Yanaki Stoilov informed Commissioner Didier Reynders about the actions taken. The software is expected to be ready by the end of the 2021, and from January 2022, the mandatory tests will be conducted.
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