IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2014 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

The Finance Law 2014, liberalises the approval processes relevant to foreign direct investments as well as national investments involving foreigners. Specifically, for investments of these two profiles, the compulsory screening requirement by the National Investment Council has for the first time been removed. Yet, the screening process will still remain compulsory for projects requesting tax and pre-tax benefits.

 

AFFECTED COUNTRIES

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