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The National Screening Mechanism for Foreign Direct Investments (FDI), provided for by Regulation (EU) 2019/452, was introduced at the beginning of 2024 in the Investment Promotion Act, however its application was de facto suspended . It was envisaged that in order for the mechanism to start applying, the Regulations for the Organization and Operation of the Interdepartmental Council for Screening of Foreign Direct Investments (ROOICSFDI) should be adopted and the Regulations for Application of the Investment Promotion Act (RAIPA) should be amended.
In the beginning of 2025 the Regulations for the Organization and Operation of the Interdepartmental Council for Screening were adopted Council of Ministers and promulgated in the State Gazette on 31.01.2025.
With Council of Ministers Resolution No. 125 of 17 July 2025, amendments of the Regulations for the Application of the Investment Promotion Act were adopted, related to the newly introduced control of direct foreign investments. The RAIPA now specify the procedure for complex investigation, provided for certain investments, including in relation to the negotiations that will be conducted during such an investigation.
NB! All foreign investments, subject to control shall already be mandatorily notified to the Interdepartmental Council for Screening of Foreign Direct Investments, through the InvestBulgaria Agency.
What can we help with?
► Preliminary consultations and analysis for FDI clearance requirement;
► Assistance for and preparation of applications for FDI clearance and the accompanying documents;
► Representation and assistance before the competent authorities in connection with the new FDI clearance procedure;