ARTICLE · 06 AUGUST 2025

Bulgaria's FDI Screening Regime In Effect

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July 2025 – An important regulatory development concerning foreign direct investments ("FDI") in Bulgaria is now in place. As of 22 July 2025, the Bulgarian FDI regime became fully applicable.

BulgariaGovernment, Public Sector

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July 2025 – An important regulatory development concerning foreign direct investments ("FDI") in Bulgaria is now in place. As of 22 July 2025, the Bulgarian FDI regime became fully applicable. With the publication and entry into effect of the final implementing act - the amendments to the Regulations on the Application of the Investments Promotion Act - the transitional exemption for filings under the Investments Promotion Act ("IPA") no longer applies.

All transactions that fall within the scope of the FDI regime and that commenced after the entry into force of the IPA in February 2024 but were not completed before 22 July 2025 must now be notified and obtain authorisation before being implemented.

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