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Sep 16, 2022

Contribution to the Foreign Direct Investment Guide of Georgiev, Todorov & Co.

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Georgiev, Todorov & Co. is proud to announce its participation in the Foreign Direct Investment Guide of LAWYERS ASSOCIATED WORLDWIDE.

Our contributors Tsvetelina Dimitrova, PhD and Dobrina Pavlova have analyzed the relevant legislation, the recent legal changes and economic conditions that might affect local foreign investments in Bulgaria.

Our team has provided introductory information for the foreign direct investment for the first three months in Bulgaria, which is EUR 1.06 billion or 1.4% of the gross domestic product, and an improvement from the numbers of 2021 at the same period. In addition Tsvetelina and Dobrina have mentioned the following acts as ones including FDI provisions – The Investment Promotion Act, Тhe Law on the Economic and Financial Relations with Companies Registered in Jurisdictions with Preferential Tax Regime, Entities Controlled by Them and Their Beneficial Owner, as well as mentioned the multiple countries with which we have a bilateral investment treaty on the topic. The lawyers have also discussed the approvals and requirements needed for foreign investment, the principle of protection in the international and domestic legal sources.

If you want to find out detailed information, don’t hesitate to read it: FDI Guide.