New investment procedures from 01 July 2015

In replacement of the old laws of 2005, the National Assembly in November 2014 adopted the new Law on Enterprises and Law on Investment, both shall enter into effect on 1 July 2015.

Under the new laws, the investment application procedure will be separated into two lines: the investment registration and the company registration, with one certificate being issued at the end of each procedure, instead of one single (investment) certificate for both purposes as under the old laws (of 2005).

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