Investment Law

1. The Ministry shall establish a national register for investors in which all the information and data relating to their investments are entered. The Ministry shall manage and update said register and maintain its confidentiality. 2. A foreign investor shall register with the Ministry prior to engaging in any investment, as specified in the Regulations. This shall not apply to investments in securities that are subject to the provisions of the Capital Market Law. 3. The competent authority shall provide the Ministry with any information or data required to establish or update the register provided for in paragraph (1) of this Article, in accordance with the manner specified in the Regulations. The Ministry may communicate with the competent authority to satisfy any requirements for establishing or updating said register. 4. The Ministry may, through its comprehensive service center, receive the investor’s applications to obtain the legal approvals necessary for engaging in an investment activity, including any licenses or permits. The Ministry shall coordinate with the competent authority in charge of issuing such approvals to ensure that the investor satisfies the necessary legal requirements.