Precious Metals & Luxury Goods

The luxury economy is built on authenticity and discretion. Trade in precious metals, jewellery, art, and watches must meet rigorous standards of provenance, anti-money-laundering compliance, and consumer protection. We oversee licensing, distribution, import/export, and brand-protection strategies, including enforcement against counterfeiting and grey-market sales. Our approach combines confidentiality with regulatory precision — preserving the integrity of craftsmanship and the reputation that sustains value in the world’s most exclusive markets.

Relevant Legislation

European Legislation

EU Customs Framework – Union Customs Code (Regulation (EU) 952/2013), Regulation (EU) 2017/821 (Conflict Minerals Regulation) & Regulation (EU) 2019/880 (Cultural Goods Import Regulation)

The Union Customs Code establishes the general rules and procedures for the importation of goods into the customs territory of the EU, which apply to all goods, including precious metals and luxury goods. The Conflict Minerals Regulation imposes due diligence obligations on the supply chain for EU importers of gold (as well as tin, tantalum, and tungsten) originating from conflict-affected and high-risk areas. Additionally, the Cultural Goods Import Regulation establishes rules for the import of movable cultural goods, which may include antique jewellery, precious metal coins, and other luxury goods of historical value.

AML framework (AMLD 4 and new AML Regulation) – These acts expand the scope of persons required to provide information, explicitly including dealers in precious metals, precious stones, and high-value goods, and harmonise the rules on comprehensive verification and reporting across the EU.

Bulgarian Legislation

Currency Act
Ordinance on the conditions and procedure for entry in the register and on the requirements for the activities of persons engaged in the extraction, processing, and trading of precious metals and gemstones, as well as articles made of or containing them, as a business
Anti-Money Laundering Act
VAT Act (regarding investment gold)
Customs Act