LAW FOR THE FOREIGN INVESTMENTS
Art. 12. (1) In the context of this law foreign investment is every
investment made by a foreign person or its branch in:
1. stock and shares of trade companies;
2. right of ownership of buildings and limited real rights over real
estates;
3. right of ownership and real rights on chattel with the nature of
long-term material assets;
4. (amend. SG 28/02) right of ownership of detached parts of commercial
companies with more than 50 percent state
or municipal participation in the capital in the sense of the Law for
privatisation and post-privatisation control;
5. securities, including bonds and security bonds, as well as their
derivative instruments, issued by the state, the
municipalities or other Bulgarian corporate bodies with a remaining
term to maturity not shorter than 6 months;
6. credits, including in the form of financial leasing, for a period
not shorter than 12 months;
7. intellectual property - subject of copyright and its related rights,
patentable inventions, useful models, trade marks,
service marks and industrial samples;
8. rights under concession contracts and under contracts for assignment
of management.
(2) The foreign investment shall also include the increase of the value
of the investment under para 1.
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