The Act on the Examination of Foreign Investment

Country / jurisdiction: Czech Republic · Year: 2021 · Status: In force · Level: National · Type: Voluntary

The Act on the Examination of Foreign Investment entered into force on 1 May 2021. It introduced an FDI screening mechanism with line with the European Union standards which requires any foreign investor defined as non-EU investor to obtain a permit prior to executing its investment.

This includes sectors such as: a) production, research, development and innovation of military equipment; b) operators of the critical infrastructure (energy, water, food and agriculture, health, transport, communication and information systems, financial market and currency, emergency services and public administration sectors); c) administrators of the critical information infrastructure relating to information and communication systems and basic service systems, d) manufacturing and development of dual-use items.

Official source: https://mpo.cz/cz/zahranicni-obchod/proverovani-zahranicnich-investic/poslanecka-snemovna-schvalila-zakon-o-proverovani-primych-zahranicnich-investic-z-bezpecnostnich-duvodu--259112/