Source: http://investbg.government.bg/en/pages/1-certification-procedure-167.html
Timestamp: 2019-04-23 12:15:08+00:00

Document:
The Investment Promotion Act (IPA) and the Regulations for Application of the Investment Promotion Act (RAIPA) introduce a system of promotion measures for initial investments in tangible and intangible fixed assets and creating new employment linked thereto, according to the European Commission Regulation (EC) No. 651/2014.
Architectural and engineering activities, technical testing and analysis.
the investment must lead to a net increase in the number of employees in the establishment/organisation concerned, employment must be maintained for at least three years for SMEs and five years for large enterprises.
the period of implementation must not exceed three years, reckoned from the date of award of an investment class certificate.
- activities related to the primary production of agricultural products listed in Annex I to the Treaty establishing the European Community, under Regulation № 651/2014 of the European Commission for the implementation of Art.87 and 88 of the Treaty to national regional investment aid.
Depending on their value and/or the jobs created, investments are divided into classes A, B and Priority investment projects.
Class B: BGN 5 million.
Class B: BGN 1.5 million.
Class B: BGN 2 million.
Class B: BGN 1 million.
Class B: BGN 2 million and 100 new jobs.
Class B: BGN 0.5 million and 100 new jobs.
In general case: BGN 100 million and 200 employees.
Within the administrative boundaries of municipalities where the rate of unemployment for the year last preceding the current year is equal or higher than the national average: BGN 50 million and 100 employees.
In the economic activities of the industrial sector – manufacturing industry (code 10 – 33.2 under NACE Rev.2): BGN 50 million and 200 employees.
within the high technology activities of the manufacturing industry: BGN 30 million and 100 employees.
Within the high technology and knowledge-intensive services – education, R&D, IT, human healthcare, and professional activities: BGN 20 million and 50 employees.
For the development of an industrial zone and its development into an industrial park through attracting of investments: BGN 15 million and 15 employees.
For each fifty employees more, the threshold is decreasing with 10% in high technology and knowledge-intensive services.
7. financial support for partial reimbursement of the contributions made by the investor for obligatory state social insurance, supplementary pension insurance and mandatory health insurance for newly hired employees for the implementation of the project: Class A and B, based on the competitive procedure.
b) up to 10 % maximum aid intensity for investments in the manufacturing industry where at least 50 percent of the threshold amount of the investment is implemented up to the third year from the start of the works / activities under the investment project.
Promotion measures under the IPA apply only to investors who have received an investment class certificate or certificate for priority investment projects. The certification requirements for the investment project are provided in the Regulations for Application of the Investment Promotion Act.
Any investor wishing to obtain an investment class certificate or certificate for priority investment project shall submit an application to the InvestBulgaria Agency before starting work on the investment project*.
The application is integrated document containing information about the applicant, the investment project, promotion measures, a number of declarations, etc. The application lists all documents that should be attached to it (* under § 1. Item 8 of the Supplementary Provisions of the IPA "Starting work on an investment project" shall be the start of construction activities or the ordering and delivery of tangible and intangible fixed assets, with the exception of technological and economic pre-feasibility studies).
A standard declaration form about the category of the undertaking - defined as a "small and medium-sized enterprise" or a "large enterprise" based on the information about the financial year preceding the year of filing the application; in the case of newly-established enterprises whose accounts have not yet been approved, the data is determined according to the value of the indicators for the current financial year.
A declaration in a standard form for the state aid acquired by the company.
Documents certifying the financial position of the person: annual financial statements for the last completed calendar year or the interim financial statements, where the person has carry out activity for less than a year.
f) other documents required for financing or furnishing security.
A conviction status certificate (when it may be issued in Bulgaria or countries - members of the EU) or affidavit (in other cases), issued not earlier than three months before the deadline for its submission for: sole owners of capital, managers; board members, and if the members are legal persons - for their representatives on the governing body.
Opinion of the competent environmental authority on the admissibility of the investment project towards regimes defined in the approved plans for the river basin management plans and management of flood risks, as well as to the admissibility against the regime of activities in protected areas and / or protected areas, as well as the procedure applicable under Chapter Six of the Enviromental Protection Act and / or art. 31 of the Biological Diversity Act.
Document certifying the absence of obligations to the state.
8. Document certifying the absence of obligations to the municipality.
Under Art. 22a of IPA - a document certifying the prior consent of the property owner.
Others documents stated in the application.
All documents in a foreign language must be submitted with a translation into Bulgarian language.
Upon receipt of an application for certification with all accompanying documents and its filing, the Executive Director of the Agency or authorized by him officers of the InvestBulgaria Agency isue to applicant warranty in accordance with Annex 2 to the Regulations for Application of the Investment Promotion Act. Upon presentation of the warranty the executive authorities and their administrations are obliged to render assistance to the investor to obtain the documents necessary for issuance of an investment certificate, and notify the agency about officers which shall provide information services.
Upon receipt of an application for certification, the Executive Director of the Agency or an official empowered by him designates officers of the Invest Bulgaria Agency to verify the plan for implementation of the investment project and the documents attached.
On the basis of the assessment performed, the empowered person prepares an opinion on the award of an investment class certificate conforming to the terms established by the Investment Promotion Act and the Regulations for Application of the Investment Promotion Act. In case the empowered officers ascertain any non-conformities and/or deficiencies in the application and the documents, the investor shall be notified in writing of the said non-conformities and/or deficiencies and shall be allowed up to two months from the submission of the application to cure the said non-conformities and/or deficiencies. On the basis of the opinion so prepared, the Executive Director provides the Minister of Economy and Energy with a reasoned proposal to award or to refuse to award a certificate within thirty days after receipt of the application.
The Minister of Economy, Energy and Tourism or an official empowered thereby shall examine the proposal herein and Shall issue or shall refuse to issue a Class A or Class B certificate within fourteen days of the receipt of the proposal, or Shall return the proposal and the documents attached thereto for re-assessment in the cases of non-conformity with any of the requirements of the IPA and these Regulations. The relevant investment class certificate is awarded by the Minister of Economy, Energy and Tourism or by an official empowered by him/her.
The procedure for awarding of Priority investment project is similar to the procedure for Investment class certificate up to the point where the empowered officials have prepared the positive opinion on the conformity of the project with the requirements of IPA and RAIPA and after that the Minister of Economy and Energy shall lay before the Council of Ministers a motion for approval of a memorandum or agreement of understanding between the Government of the Republic of Bulgaria and the investor applying for the performance of a Priority investment project with the proposed package of incentives.
After the memorandum or agreement has been approved by a Council of Ministers Decision, a certificate for a priority investment project will be released by the Minister of Economy and Energy or another authorized person, in accordance with the Council of Minsters Decision.
Projects of municipal importance are promoted by investment class B when implemented within the administrative boundaries of the specified municipality, and can be implemented in all sectors, except those mentioned in Art. 13a Item 3 of the IPA; the amount of investment certificate class C should not exceed the minimum amount of Class B under Article 3 of the RAIPA – BGN 2 million.
acquisition of a right of ownership or limited rights in rem to immovables constituting private municipal property according to the procedure established by Art. 22a (1) Items 2 and 4 of the IPA.

References: Art.87
 § 1
 art. 31
 Art. 22
 Art. 13
 Art. 22