{"id":12489,"date":"2018-06-07T16:41:50","date_gmt":"2018-06-07T13:41:50","guid":{"rendered":"http:\/\/investsofia.com\/en\/?p=12489"},"modified":"2018-06-07T17:04:17","modified_gmt":"2018-06-07T14:04:17","slug":"investment-certificate-application-procedure-to-be-streamlined","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/investment-certificate-application-procedure-to-be-streamlined\/","title":{"rendered":"Investment Certificate Application Procedure to be Streamlined"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-9445 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/12\/shutterstock_721950199.jpg\" alt=\"Blue-card-EU-changes-Bulgaria\" width=\"338\" height=\"224\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/12\/shutterstock_721950199.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/12\/shutterstock_721950199-300x199.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/12\/shutterstock_721950199-221x146.jpg 221w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/12\/shutterstock_721950199-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/12\/shutterstock_721950199-113x75.jpg 113w\" sizes=\"auto, (max-width: 338px) 100vw, 338px\" \/>Amendments to the <\/span><i><span style=\"font-weight: 400;\">Investment Promotion Act<\/span><\/i><span style=\"font-weight: 400;\"> will relieve large investors in order to attract investments. Two documents will no longer be required by investors when they apply for a certificate of investment class or a priority investment project, namely the <\/span><i><span style=\"font-weight: 400;\">Certificate of Lack of Liabilities to the Municipality<\/span><\/i><span style=\"font-weight: 400;\"> and the <\/span><i><span style=\"font-weight: 400;\">Criminal Conviction Certificate<\/span><\/i><span style=\"font-weight: 400;\">. The amendments have already been voted by the Council of Ministers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From now on, the <\/span><i><span style=\"font-weight: 400;\">Certificate of liabilities<\/span><\/i><span style=\"font-weight: 400;\"> will be officially collected by the Bulgarian Investment Agency and the Ministry of Economy. Nevertheless, investors who apply for investment support will have to confirm that they have not relocated the company they applied for over the last two years, as well as to commit not to do so in the following two years after <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">completion of the investment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The amendments to the <\/span><i><span style=\"font-weight: 400;\">Regulation on the Application of the Act <\/span><\/i><span style=\"font-weight: 400;\">are to be further specified in terms of implementation of the financial measures for the construction of elements of the incoming technical infrastructure, as well as partial reimbursement of the expenses for insurance and training.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The amendments aim to support the effective promotion and attraction of significant investment projects<\/span><span style=\"font-weight: 400;\"> in Bulgaria<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Amendments to the Investment Promotion Act will relieve large investors in order to attract investments. Two documents [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":9446,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[169],"tags":[],"class_list":["post-12489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter-en"],"_links":{"self":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/12489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/comments?post=12489"}],"version-history":[{"count":0,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/12489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media\/9446"}],"wp:attachment":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media?parent=12489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/categories?post=12489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/tags?post=12489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}