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**Jay Coop** · 07-06-2019, 04:37 AM

The Valkyrian Foreign Investment Authority (VFIA) was created after the passage of the Commercial Development Act 2016 and finally became operational in July 2019. The purpose of the legislation was to allow and encourage foreign investors to buy shares in Valkyrian state-owned enterprises and other interested companies. CDA 16 allows up to ten percent of SOE shares to be owned by foreigners, though some SOEs are either forbidden from having foreign investors or require parliamentary authorization due to their importance to the state. In addition to promoting foreign investment in Valkyrian companies, the VFIA also helps in facilitating Valkyrian investment in other countries and international expansion of Valkyrian business operations.

SOEs allowed to have foreign investors (maximum of 2% of shares per country):

Hotel Valkyria
Pharma Valkyria (pharmaceuticals) — requires parliamentary authorisation
Skylines (airliner)
Transport Valkyria (bus and rail transport)
ValkBank (consumer banking) — requires parliamentary authorisation
VENR (energy) — requires parliamentary authorisation

Private-sector enterprises (no cap on foreign shares; companies are looking for multiple investors):

Arzani Shipbuilding Corporation (offering 35% of shares to foreign investors)*
Bennett Technologies Corporation (offering 45% of shares to foreign investors)*
CCC (construction company; offering 41% of shares to foreign investors)
Oscorum Group (conglomerate; offering 47% of shares to foreign investors)*
Ryka Studios (production company; offering 58% of shares to foreign investors)

* Because of their contributions to the Valkyrian Defence Forces, all foreign investment in these companies are subject to scrutiny by the Intelligence Directorate-General and may be rejected. Shares that are already owned by a foreign investor may be subject to government intervention in which the shares are bought.

Current investments:

Arzani Shipbuilding Corporation
- Michael Arzani (Valkyria) — 45%
- Oceanus Shipwrights Inc. (Termina) — 15%
- Point Rain Industries (Termina) — 5%
Bennett Technologies Corporation
- Evangeline Bennett (Valkyria) — 37%
- Oceanus Shipwrights Inc. (Termina) — 13%
- Point Rain Industries (Termina) — 5%
CCC
- Becca Callen (Valkyria) — 44%
- Alicia R. Mipha (Termina) — 10%
- Point Rain Industries (Termina) — 5%
Oscorum Group
- Ryan Ripley (Valkyria) — 35%
- Rosenthal Trust Funds (Bzerneleg) — 18%
Ryka Studios
- Vanessa Ryka (Valkyria) — 42%
Skylines
- Valkyrian government — 90%
- Belmont Airways Corporation — 1.5%

Application to invest

Code:
[b]Name of individual or organisation:[/b] 

[b]Country of origin:[/b] 

[b]Company(ies) investing in:[/b]

Please note that the government of the Valkyrian Republic reserves the right to reject any application for any reason and is not required to specify why the rejection occurred.

Application to expand

Code:
[b]Country to expand in:[/b]

Please note that Valkyrian companies will not expand their operations in other countries unless it is done with a foreign investor backing the action within the company. In the case of SOEs, this action must be approved by the Valkyrian Parliament and, depending on existing legislation, may require the approval of the foreign government where expansion is sought.

4× Cabinet minister /// 1× OWL director /// CRS member /// SPSF

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(This post was last modified: 07-08-2019, 03:21 AM by Jay Coop.)