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.
Our specialists have put together a summary of the key measures the FDI Screening Act introduces:
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In case of any questions with respect to the above, our specialists are ready to offer guidance and counsel.