The accent made by Association Of The Family Business - Bulgaria is to attract members who can meet its criteria, share the principles, and popularize the Association’s philosophy and meaning about family business development and strengthening in Bulgaria.

    Criteria:

• The company applicant should be entirely built in accordance with the idea, registered and established as activity, on a particular family member’s initiative
  
  
• The family company should have reached at least second generation of continuity, i.e. at least one more generation of children or parents or relatives on direct line of descent from different generations should have been working or preparing for work. This new generation has to participate as an owner, manager or participant.
  
  
• It is advisable that the company’s name coincides with the family’s name.
  
  
• Clear origin of the company’s starting activity and crediting.
  
  
• The company would have been existing at least for 5 years.
  
  
• During the period of its existence, the company should have good references and good name regarding the quality and responsibility of implementing its economic activity.
  
  
• The company should have clearly written objectives and strategies of development of its economic activity, according to the principle of “family business”.

    Principles:

• The membership in the Association is voluntary. Members of the Association may become Bulgarian and foreign legal entities or capable physical persons who accept the ideas and the purposes of the Assocation, as well as the By-Laws, who respect the traditions of the family business, and who have decided to contribute with their personal efforts to the recognition of the family business in Bulgaria.
  
  
• Respected representatives of the Bulgarian family business, established professionals and figures of the development of the family business shall be invited to become members of the Association.

    Assuming of membership:

• The Members of the Association are admitted by the Managing Committee.
  
  
• The candidate addresses to the Managing Committee a written application in which the candidate shall state that he/she accepts the regulations of the By-Laws of the Association.
  
  
• The Managing Committee issues a decision on the application on its first session after the entry of the application. The decision of the Managing Council shall be announced to the candidate in writing.
  
  

For more     information:

Let’s save and continue together the traditions and continuity
in our family business.