GDPR Legislation in Bulgaria
GDPR Legislation in BulgariaUpdated on Tuesday 03rd July 2018
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The General Data Protection Regulation (GDPR) implemented in May this year brought a set of important changes to the manner in which companies and institutions in Bulgaria are able to collect, store and use personal data. The main purpose of this important and EU-wide legislation is a simplification of the regulatory environment, at the same time allowing EU citizens to have better control over how their data is processed and used.
Our team of lawyers in Bulgaria can give you complete details on how the GDPR regulation can influence your business if your company is one that is registered as a personal data administrator in the country.
GDPR in Bulgaria
The General Data Protection Regulation in Europe is still largely based on the previous directive, however, a number of key changes are summarized below by the team at our law firm in Bulgaria:
- • Extra-territorial applicability: the new regulation applies to those companies that collect and control personal data in the EU, regardless of the fact that the subsequent processing takes place in the EU. It will also apply to companies that are not established in the EU but have subjects located in an EU country from whom they collect data.
- • Fines for companies: businesses that do not observe these rules are subject to fines of up to 4% of their annual turnover (and/or other applicable penalties).
- • New consent rules: companies are required to draw up new accessible and intelligible consent forms.
- • New subject rights: the Regulation brings forward new rights for the individuals who are subject to data collection, some of them referring to rights of access, privacy by design and the fact that companies will need to appoint data protection officers.
Large, medium and small companies alike are required to comply with the new regulations. Proper GDPR implementation is important as companies will need to adapt to this change well and not perceive it as a hurdle or a step that might hinder their operations. Professional legal aid may be needed, especially for those company owners for which these rules will change the administrative routine and daily operations.
Our team of lawyers in Bulgaria is ready to assist you with all the needed legal counseling for complete compliance with the new administrative requirements.
Legal services in Bulgaria for GDPR awareness
Our team of lawyers can offer complete legal services for personal data management, in full compliance with the GDPR legislation. We can provide legal counseling according to the type of collected personal data as well as dedicated advice for processing and storing the data. Our lawyers can also give you more information about appointing data protection officers.
Contact our law firm in Bulgaria for more information on the GDPR legislation and personalized legal services according to your company’s needs.