The Netherlands publishes a royal decree that will put certain AI developers under the Vifo investment-screening notification duty from 1 January 2027

Dutch Vifo Decree Brings AI Into Deal Screening. The Leveraged Years regulation briefing card.

A binding decree, published and not yet in force, that takes effect on 1 January 2027 and adds AI to the sensitive-technology table as row AST 6 and lists it as very sensitive. We read the operative annex rows in the published XML; the HTML page had rendered them empty.

The short version

Bottom line: A binding royal decree, published in the Staatsblad, that takes effect on 1 January 2027. Until then nothing changes, so the duties described here will start on that date. It amends the decree that defines sensitive technology under the Wet vifo, the Dutch law on security screening of investments, mergers and acquisitions.

Who this affects: M&A and investment counsel, private equity and venture investors, and Dutch companies that develop or integrate AI technologies as defined in the EU screening regulation, including general-purpose models for space or defence use and models with systemic risk (on the note), or AI systems for identifying persons, groups or objects, or impersonating persons, or tracking and security screening from sensor data.

Issue date: Decree dated 28 October 2026, published on 30 October 2026, the date printed after the signatures. In force 1 January 2027 under Article II.

What changed: Operative text, Article I: rows AST 5 to AST 10 are added to the annex 2 table with full row text (only AST 6 concerns AI), and the same codes, AST 5 to AST 10, are added to the annex 3 table as bare codes, which the note says marks the sensitive technologies that are also very sensitive. AST 6 covers AI technologies as meant in annex 1, third paragraph, of Regulation (EU) 2026/1386, and AI systems for identifying persons, groups and objects, or impersonating persons, and for location and sensor-based tracking or security screening. On the note, a target in very sensitive technology brings the notification duty forward.

Analysis: The percentage thresholds are not in the decree. They sit in the Wet vifo itself, and whether any special threshold regime applies to the new AI category is something we could not read. AST 6 also reaches past identification: its second bullet covers analysing location, movement and traffic data to track persons, groups or objects, and screening persons for security risks. Treat any statement of the trigger percentage as unconfirmed until counsel checks the consolidated texts.

Primary sources: Staatsblad 2026, 356 (decree and nota van toelichting) · Staatsblad 2026, 356, XML rendering with the annex tables

Instrument (EN)
Decree of 28 October 2026 amending the Decree on the scope of sensitive technology as a result of technological developments
Authority
The Crown, on the proposal of the Minister of Economic Affairs and Climate, jointly with the Minister of Justice and Security
Jurisdiction
Netherlands
Status
Published, not yet in force
Bindingness
Binding algemene maatregel van bestuur (general administrative order) under articles 4 and 8 of the Wet vifo
Issue date / next deadline
28 October 2026; published 30 October 2026; in force 1 January 2027 (Article II)
Advice
Council of State advice of 21 October 2026, no. W18.26.00239/IV; final report of the Minister of 26 October 2026
Editorial Note
Informational analysis for working professionals, not legal advice. Confirm how any rule applies to your situation with qualified counsel.
Primary source
https://www.officielebekendmakingen.nl/stb-2026-356.html

What the decree is, and when it starts

The decree amends the existing Besluit toepassingsbereik sensitieve technologie, which the explanatory note calls the Besluit sensitief. That decree rests on the Wet vifo and widens or narrows what counts as sensitive technology beyond the EU export-control lists the Act uses as its base.

Article I changes two annexes. In part A it adds rows to the table in annex 2, which the note describes as listing technologies designated as sensitive technology under article 3 of the Besluit sensitief. In part B it inserts rows in the table in annex 3 after reference codes 3E201, 5A004 and 5D002 and appends rows AST 5 to AST 10. The note says the annex 3 table marks the sensitive technologies that are also very sensitive. Article II says the decree takes effect on 1 January 2027. The decree rests on articles 4 and 8 of the Wet vifo.

A note on method. The HTML page rendered the annex tables as empty cells, so our first reading took the AI scope from the explanatory note. We then opened the XML rendering of the same Staatsblad item, which carries the annex 2 row text for AST 5 to AST 10, and the AI scope below is read from it. The annex 3 rows in the XML are bare codes (AST 5 to AST 10), with no text.

What row AST 6 says

The operative row is headed "Artificiële Intelligentie (AI) -technologieën als bedoeld in bijlage 1, derde lid, van Verordening (EU) 2026/1386" and continues that they are covered "voor gebruik als in dat lid nader gedefinieerd". The row therefore defines AI scope by cross-reference to the third paragraph of annex 1 of Regulation (EU) 2026/1386 on the screening of foreign investments in the Union. We did not open that regulation.

The note describes what that cross-reference picks up. It says the decree follows, one to one, the definition of AI technologies in the revised EU foreign-investment screening regulation, covering a technology or know-how connected to an automated system that operates with varying autonomy and may show adaptiveness after deployment, and that infers from input how to generate outputs such as predictions, content, recommendations or decisions. On the note, it is limited to general-purpose AI models as defined in Article 3, point 63 of the AI Act, or systems based on them, suited to developing space or defence applications, and to general-purpose AI models with systemic risk within the meaning of Article 51 of the AI Act, or systems based on them. That is the note's description of the EU text, not the row's own wording.

The note says that, if information useful for interpreting the definition becomes available during preparations to implement the revised EU regulation, the Bureau Toetsing Investeringen will actively publish it where necessary. It does not say when.

Identification, impersonation and tracking systems

The row's second paragraph adds AI systems outside the first. It reads "Voor zover vallend buiten voornoemde Artificiële Intelligentie (AI) -technologieën, omvat AST6 tevens AI-systemen", again as meant in annex 1, third paragraph, of the EU regulation, in two groups.

The first group is systems designed for or used for identification of persons, groups and objects or impersonation of persons, based on analysis of image, speech or biometric information, for three purposes: identifying or recognising persons and groups; evaluating speech communication or identifying persons remotely and biometrically; or impersonation, which the row glosses as deepfakes, meaning audio or image material that imitates persons or shows a simulated setting. The second group is systems designed for or used for identifying persons, groups or objects from geographic data and information from networked sensors, such as GPS, WiFi, cameras and 4G networks, to analyse movement, location, traffic or event data for tracking persons, groups or objects, or to assess persons on essential security aspects, "zoals het screenen van personen op veiligheidsrisico's".

The note gives its reasons: a national risk analysis, concern about interference with fundamental rights, scope for misuse, and effects on the safety and stability of society. It also reports that an anonymous consultation respondent thought identification of objects from imagery might be too broad, citing spotting production faults on a conveyor belt, and says the definition was then narrowed to identification of persons and groups for which object identification from imagery may be used. We have not reconciled that account with the final wording, in which both groups still name objects.

The notification trigger and what it costs

On the note's account, a planned acquisition in a target that integrates or develops AI systems as described, as part of its products and services, would have to be notified under the Wet vifo if it gives significant influence or increases it, or gives control over the target. The Dutch is plain: 'gemeld dienen te worden onder de Wet vifo'. The notification goes to the Minister of Economic Affairs and Climate.

The note adds that for very sensitive technology the duty arises earlier than for ordinary sensitive technology, where the duty first bites on an intention to acquire control. For very sensitive technology, significant influence is enough.

The decree itself gives no percentages. In the Wet vifo as consolidated on wetten.overheid.nl, article 4(1) lists thresholds of one tenth, one fifth and one quarter of the votes, and allows an order to designate categories of targets to which only some of those apply. We read that through a search extraction of the consolidated page, not the raw statute, and we did not check which categories the Besluit sensitief designates. Counsel should confirm.

The note estimates 125 extra cases a year, 25 of them complex, from the decree as a whole, which covers more technologies than AI. That figure is an administrative estimate in the note, not a count of AI deals.

The EU regulation in the background

The note ties the decree to Regulation (EU) 2026/1386 of 17 June 2026 on screening of foreign investments in the Union, and says that regulation applies from 17 January 2028 after an 18-month implementation period. The Dutch government says it is running a separate track to align national law with it, and that the Besluit sensitief will be involved in that process where needed.

The practical point from the note is sequencing. AI enters the Dutch regime a year before the EU regulation applies, and the note says the EU text does not prevent Member States from bringing in technologies beyond its minimum scope.

What we did not verify

What we opened: the full Staatsblad 2026, 356 page on officielebekendmakingen.nl, including the preamble, Articles I and II, and the explanatory note, and its XML rendering (stb-2026-356.xml), which shows the annex 2 row text for AST 5 to AST 10 and the annex 3 rows as bare codes. For the Wet vifo, we read a search extraction of article 4 from the consolidated text dated 1 September 2025 on wetten.overheid.nl.

What we did not open: Regulation (EU) 2026/1386 and its annex 1, on which AST 6 depends; the existing Besluit sensitief; the raw text of articles 4 and 8 of the Wet vifo; and the Council of State advice. We did not read the text of the annex 2 rows for AST 5 and AST 7 to AST 10 beyond confirming that they are there.

What we refuse to claim: the exact percentage that triggers notification for an AI target, the penalty for failing to notify, the length of any standstill, or whether a given company is inside the scope. The note's account of the general-purpose-model limits is the note's description of the EU text, not a reading of that text.

Key compliance takeaway

Investors and their counsel looking at Dutch targets should treat 1 January 2027 as the date from which AI targets within row AST 6 may need a Vifo notification, and should ask target companies now whether they develop AI technologies as defined in annex 1 of Regulation (EU) 2026/1386, or build identification, impersonation, tracking or security-screening systems. Pin down the threshold and the EU definition with counsel before relying on any summary, including this one.

Source File

https://www.officielebekendmakingen.nl/stb-2026-356.html

Open the Staatsblad page, or its .xml rendering, and confirm the title reads Besluit van 28 oktober 2026 with KetenID WGK27224. Read Article I part A for row AST 6 in annex 2, part B for the annex 3 rows, Article II for the start date, then the nota van toelichting for the reasoning.

Dit besluit treedt in werking met ingang van 1 januari 2027. · Artikel II, Staatsblad 2026, 356, 28 October 2026

FAQ

When does the Dutch AI addition to the Vifo regime take effect?

Article II of the decree says 1 January 2027. The decree was dated 28 October 2026 and published on 30 October 2026.

Which AI is covered?

Row AST 6 of annex 2 covers AI technologies as meant in annex 1, third paragraph, of Regulation (EU) 2026/1386, and, to the extent outside those, AI systems for identifying persons, groups or objects, or impersonating persons, from image, speech or biometric information, and systems that identify persons, groups or objects from location and sensor data to track them or screen persons for security risks. The note describes the EU limb as general-purpose models suited to space or defence use, and systemic-risk models.

Does a deal need to be notified?

The note says an intended acquisition in a target that develops or integrates the described AI would need to be notified if it gives or increases significant influence, or gives control. Thresholds are in the Wet vifo, not the decree, and we could not confirm them for this category.

Is the decree in force now?

No. It is published and binding, but it takes effect on 1 January 2027.

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