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Coordination and approval of Investment Agreement

This refers to the procedural requirements to get an investment agreement approved by different state authorities, to have it validated by the Cabinet of Ministers and finally to have the investment agreement endorsed by the Governmental decision. Before the investment agreement is validated by the Cabinet of Ministers, it has to be to be agreed by:

  1. Ministry of Justice – for obtaining positive legal opinion on the IA;
  2. Ministry of Economy – for determining the economic feasibility of the project;
  3. State Tax Committee – for the procedure of providing tax incentives; and
  4. Ministry of Finance – for determining the reasonableness of requested i...

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