CODE OF QUALITY

Every member of the network has the following qualifications:

1. Substantial expertise in the member’s field or profession with proven internationally recognized education degrees and certificates.

2. Substantial experience dealing with foreign investments and/or business issues in an international context with a proven track record of corporate existence and business practice or professional experience of the senior management that has lasted at least 5 years.

3. Employment of at least 5 professionals, and, within the organization, written and oral fluency (individually and/or jointly by the professionals employed within the organization) in at least three languages (English being a must), other than Bulgarian.

4. Substantial part of the entity or individual’s scope of work at least one of the following services: legal and/or management consulting, accounting, risk analysis, general analysis, investment banking, stock management and educational/academic services.

5. Reputation for integrity and commitment to the highest standards of excellence in one’s profession or business.

Every member has committed in writing to the following Code of Quality:

1. Member commits to promote market transparency and international standards of excellence in representing investors in Bulgaria. “International standards of excellence” include, but are not limited to, ISO certification, membership in reputable international organizations, such as the Institute of Chartered Accountants, the International Bar Association, correspondent relationships with leading firms in other countries, and etc.

2. Member agrees to provide investment information and services of the highest integrity, reliability and quality, in accordance with international standards and/or respective sector’s good practices to clients, their representatives, and other third parties.

3. Member commits to help with “branding” Bulgaria as a stable and an investor friendly country offering attractive business opportunities to foreign and domestic investors.

4. Members commit to expanding the membership by periodically (i.e. no less frequently than annually) recommending qualified organizations for admission in BIIN pursuant to the Application for Membership procedure.



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