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| Name: | Foreign and Domestic Private Investment Law, 1974. |
| Country: | Afghanistan |
| Subject(s): | Economic and social policy |
| Type of legislation: | Law, Act |
| Adopted on: | 1974-06-10 |
| Entry into force: | |
| Published on: | Separate copy, 10p. |
| ISN: | AFG-1974-L-59882 |
| Link: | https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=59882&p_lang=en |
| Bibliography: | Separate copy, 10p. |
| Abstract/Citation: | Seeks to encourage, protect, guide and control private investment. Provides for characteristics of desirable investment; qualifications of private investments; scope of private investments; benefits and prerogatives; proper use of benefits; capital, profit and debt service repatriation; licensing fees for patents and know-how; non-discrimination according to nationality of capital; evaluation of investment in kind and intangibles; repatriation of expatriate salaries; equal treatment of foreign and Afghan nationals; accounting and auditing; sale of shares; transfer of proceeds of sale of shares and of liquidation; limitation of foreign equity; government purchase of local products; expropriation; disputes; investment committee composition and operation; and single license and import-export restrictions. |
| Amending text(s): |