New Foreign Direct Investment Screening Act
Law Firm | Kinstellar |
Subject Matter | Government, Public Sector, Inward/ Foreign Investment |
Author | Mr Roman Oleksik, Dominika Bajz'thov' and Katarína Sowada |
Published date | 20 January 2023 |
January 2023 - Act No. 497/2022 Coll. on Screening of Foreign Direct Investments (the "FDI Act"), published on 23 December 2022, will have a significant impact on foreign investments in Slovakia, at least in terms of the time needed to complete transactions.
The FDI Act takes effect on 1 March 2023. The new rules do not apply to investments completed prior to such date.
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