| Valkyrian Foreign Investment Authority |
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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):
* 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:
Application to invest
Code: [b]Name of individual or organisation:[/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.
The Termina Trade Guild formally submits the following investment applications.
Name of individual or organisation: Umbrella pharmaceuticals Country of origin: termina Company(ies) investing in: 2% Pharma Valkyria Name of individual or organisation: Oceanus Shipwrights inc. Country of origin: Termina Company(ies) investing in: Arzani Shipbuilding Corp 15%, Bennett Technologies 13% Name of individual or organisation: Alicia R. Mipha, mayor of Mipha city Country of origin: termina Company(ies) investing in: VENR 2%, CCC 10% Name of individual or organisation: Point Rain Industries Country of origin: Termina Company(ies) investing in: 5% in the following companies Arzani Shipbuilding Corporation Bennett Technologies Corporation CCC (07-06-2019, 02:27 PM)Imperial Frost Federation Wrote: The Termina Trade Guild formally submits the following investment applications. Thank you for your applications, each company will review them and determine whether to sell shares. The Valkyrian Parliament will review Umbrella Pharmaceuticals' and Alicia R. Mipha's interest in buying shares in Pharma Valkyria and VENR and vote on whether to grant authorisation.
Name of individual or organisation: Belmont Airways Corporation
Country of origin: Bzerneleg Company(ies) investing in: Skylines, 1.5%. Name of individual or organisation: Rosenthal Trust Funds Country of origin: Bzerneleg Company(ies) investing in: Oscorum Group, 18%. ![[Image: VCUpXJI.png1]](https://imgur.com/VCUpXJI.png1) BZERNELEG
South Pacifican. Public Servant. Creator. In that order.
Official Thread • Lampshade Broadcasting Company • The Tsunamy Institution of the Law and Public Policy (07-07-2019, 01:22 PM)Bzerneleg Wrote: Name of individual or organisation: Belmont Airways Corporation Thank you for your applications, each company will review them and determine whether to sell shares.
The following applications are being reviewed by the VFIA and a recommendation will be made to Parliament, who will decide whether to grant authorisation on their purchases.
The Rosenthal Trust Funds request legal advice from the Valkyrian Foreign Investment Authority on the legality of having a foreign board member on Valkyrian corporations.
BZERNELEG
South Pacifican. Public Servant. Creator. In that order.
Official Thread • Lampshade Broadcasting Company • The Tsunamy Institution of the Law and Public Policy (07-26-2019, 11:39 PM)Bzerneleg Wrote: The Rosenthal Trust Funds request legal advice from the Valkyrian Foreign Investment Authority on the legality of having a foreign board member on Valkyrian corporations. Noncitizens are allowed to sit on the board of Valkyrian-based corporations. The passage of CDA 16 allowed noncitizens to buy shares in state-owned enterprises. |
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