Foreign Investment in the Non-formal Educational Services

The Minister of Education and Cultural Affairs (“Minister”) has issued Regulation No. 69 of 2014 on Licenses for Non-Formal Education with Foreign Investment (“Regulation”). The Regulation is relevant to providers of vocational education training (“Providers”), specifically those funded with foreign capital. 

Non-formal education, commonly referred to as vocational training, refers to educational services in the fields of: computers, language, beauty, and other vocational fields.[1]