The registration of all commercial firms in the Registry agency of Bulgaria ended on 31 of December 2011. Their files have been moving from the Commercial register of the District courts of Bulgaria into the Commercial register of the Registry agency of Bulgaria due to the amendments of the law in Bulgaria. 454,857 firms had been already registered in the Registry agency but 566,953 firms had failed to register.
The government in Sofia is frantically working on amendments to the legislation aimed at adopting some key European regulations, as Brussels filed two lawsuits and launched nine punitive procedures against Bulgaria. The lawsuits have been filed to the Strasburg-seated European Court of Human Rights over the delay in the adoption of the new methods for calculation of infrastructure taxes, as well as the reference report on the condition of the railway network in Bulgaria. The delayed liberalization of the energy market has triggered two punitive procedures against Bulgaria on the part of the EU.