Service Open a Consortium in Bulgaria

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Open a Consortium In Bulgaria

What a Consortium?

The consortium in law is a legal governing aggregation voluntary legally recognized that coordinates and regulates the joint initiatives for conducting certain business activities, both on the part of private entities by public agencies. Although silhouetted on the type of the association, the consortium is unfit to be seen as such, coming more often, as in the case of land reclamation (also referred to as land improvement) or other consortia among farmers (eg consortia irrigation), to regulation and function of the communion. Just consider that, unlike the association, the consortium does not enter into a structural relationship with the consortium members. The consortium follows a contractual agreement, but it is not in any way comparable to other contractual forms of aggregation, such as "business ventures" and "temporary joint venture", prescribed by law.