Home page RSS About Us Partners News Events Success Stories Discussion Forum
Home page login Login >
Register >
Home page
Home page
Skip Navigation LinksBulgaria At a Glance > Legal Framework > Commercial Law Overview > Sector-specific regulatory framework > Technology - e-commerce 18.05.2012  
Renewable Energy
The RES-E target to be achieved in 2010 is about 11% for electric energy consumption.
e-mail us
Technology - E-commerce
The text below is kindly provided by Djingov, Gouginski, Kyutchukov & Velichkov

By adopting the Law on Electronic Document and Digital Signature (effective as of 7 October 2001) Bulgaria became the second country from the Central and Eastern European region, after the Czech Republic, regulating electronic documents and digital signatures, thus creating a basis for development of electronic commerce in the country. 

The Law on Electronic Document and Digital Signature defines as digital signature any information, related to an electronic statement, in a form, coordinated between the author and the addressee and secure enough for the needs of the turnover, which discloses the identity of the author, confirms his or her consent to the electronic statement and protects the content of the statement from later changes. 

Under the law, a digital signature should not be valid for certain documents of legal significance, such as securities, bills of lading, or for documents and transactions requiring a qualified written form, such as the notary deed. 

The law also provides for a certification procedure to be applied to the providers of the services.

The regulation has been further developed by the adoption of the Law on Electronic Commerce (effective as of 24 December 2006). The Law on Electronic Commerce implements the E-Commerce Directive 2000/31/EC and regulates activities related to the realization of the electronic commerce, including provider's obligations upon conclusion of contracts through electronic means, liability upon providing services for the information society, applicable law in providing information society services and consumer protection. The law defines information society services as services which are usually provided for consideration, at a distance, by electronic means, after an explicit request on the part of the recipient of the service. If the service consists of the provision of access to or transmission in an electronic communication network, the service provider should not liable for the content of the transmitted information and for the activity of the recipient of the service if it did not initiate the transmission of the information nor selected the recipient of the information nor selected or modifies the information transmitted. The law also provides for extensive and modern regulation regarding cashing, hosting, distribution of unsolicited commercials, etc. 

The statutory body entrusted with supervisory powers on compliance with the rules of that law is the Bulgarian Commission on Consumer Protection.

InvestNet Service Providers
Area of Expertise
Language proficiency
Hot Investment Opportunity

Business/Logistics Park "Slivnitsa"
Region: Sofia
Property Area: 37,245 sq.m
Type of Area: Store; Office building; Motel; Petrol station
Find More Projects
Latest Discussion Topics News Selected Grants and Tenders
Grants >
Support of small-scale infrastructure for prevention of landslides in urban agglomerations...

Tenders > 
Supply of medical supplies for the needs of the Multiprofile University Hospital Plovdiv
Events
Join us
Disclaimer Contact Us Site Map Privacy Policy Refund Policy Powered by Sitefinity
The United States Agency for International Development (USAID) The Balkan Trust for Ddemocracy American University in Bulgaria American Chamber of Commerce in Bulgaria Eastisoft Ltd.