Investment Policy Measures

22 results
France

France

01 Jan 2024

Makes the foreign investment control regime permanent and further expands its scope

On 28 December 2023, through Decree No. 2023-1293 the Government of France implemented changes to the foreign investment screening regime. Notably, the Decree makes the regime to control non-European investors crossing the 10 per cent [...]

France

France

30 Dec 2023

Introduces tax credits for investments in green energy projects

On 30 December 2023, the Government of France published Law 2023-1322 of 29 December 2023 on finances for 2024, which introduces a tax credit for investments in the production of batteries, solar panels, wind turbines, and heat pumps. [...]

France

France

02 Oct 2023

Introduces a digital platform for the FDI screening regime

On 2 October 2023, the Directorate General of the Treasury of the French Ministry of the Economy and Finance launched the Foreign Investment in France (IEF) Platform, that serves as the digital platform for submitting authorization [...]

France

France

23 Dec 2022

Further extends the temporary measure lowering the threshold triggering FDI screening

On 23 December 2022, by Decree No. 2022-1622, the French government further extended the temporary measure to lower the threshold for holding voting rights in listed French companies triggering the control of foreign investments in [...]

France

France

08 Sep 2022

Issues guidelines to enhance the transparency of the FDI screening regime

On 8 September 2022, France issued its first set of guidelines on foreign direct investment control. The guidelines clarify the official position on such matters as the scope of an investor definition, types of investments covered [...]

France

France

22 Dec 2021

Temporary measure to lower the control threshold triggering the FDI screening regime extended for another year

On 22 December 2021, the Decree No.2021-1758 was adopted. It extends for a further year the measure to lower from 25% to 10% the threshold for the acquisition of voting rights in French companies carrying out activities sensitive to [...]

France

France

10 Sep 2021

Extends FDI review mechanism to technologies involved in the production of renewable energy

On 10 September 2021, the Decree on foreign investment in France (Arrêté du 10 septembre 2021 relatif aux investissements étrangers en France) was adopted. The Decree extended the list of sectors and critical technologies subject to [...]

France

France

28 Dec 2020

Special measures pertaining to control of foreign investment during the pandemic are prolonged

On 28 December 2020, the Decree n° 2020-1729 was adopted. It prolongs the application of the special regime adopted during the pandemic to control foreign investment from 31 December 2020 until 31 December 2021. The regime has lowered [...]

France

France

02 Aug 2020

Government lowers control thresholds for FDI screening

By Decree no. 2020-892 of 22 July 2020, the French Government lowered the control threshold that requires prior governmental review of a foreign acquisition from previously 25 percent of the shares of listed companies to 10 percent. [...]

France

France

23 Jul 2020

Adjusts the disclosure obligation under the FDI screening mechanism

Along with the temporary change of the FDI screening regime, on 23 July 2020, the Ministerial Order of 22 July 2020 became effective with a view to adjust the information requested under the foreign investment review mechanism. [...]

France

France

30 Apr 2020

Government extends the FDI screening regime as a response to the COVID-19 pandemics

On 29 April 2020, the French Government informed about an amendment to its foreign investment screening regime as a response to the COVID-19 pandemic. By decree of 27 April 2020, the list of sectors and critical technologies subject [...]

France

France

31 Dec 2019

Expands and clarifies its FDI screening regime

The Decree No. 2019-1590 of 31 December 2019 expands and clarifies the foreign investment screening regime in France along with implementing a Ministerial Order. It enters into force on 1 April 2020. The new regulation lowers the [...]

France

France

22 May 2019

Strengthens its FDI screening mechanism with "PACTE Act"

On 22 May 2019, changes to France’s mechanisms to manage acquisition- and ownership-related risk to its essential security interests came into effect. The reform, incorporated in the law commonly referred to as loi PACTE, brings enhanced [...]

France

France

29 Nov 2018

France extends its foreign investment screening

By decree No. 2018-1057 of 29 November 2018 on foreign investments subject to prior authorization, the French Government extended the scope of foreign investment screening to cover new sectors and industries "essential to guaranteeing [...]

France

France

10 Jan 2017

Decrease in the participation of the French State in Engie's capital

The French Government ceded 100 million of shares of Engie (formerly GDF Suez), a global leader in the energy sector, to institutional investors. The ceded shares amount to 3.7 per cent of the capital of the firm. The worth of the [...]

France

France

28 Oct 2016

Privatisation of the Airport of Nice

As part of the enforcement of the 2015 "Loi Macron" concerning, inter alia, the privatisation of state-owned assets, the French Minister of Transport signed a decree that transfers the State-owned shares of the Airport Nice-Côte d'Azur [...]

France

France

15 Jun 2015

Government privatizes entirely Arianespace

On 15 June 2015 a contract was signed between the French state-owned company, "Centre national d'études spatiales" (CNES) and the joint enterprise Airbus Safran Launchers (ASL) for the sale of CNES's entire 34,68% stake in the space [...]

France

France

14 May 2014

Amends the list of activities subject to review for foreign investors

On 14 May 2014, the Minister of Economy issued a decree amending the articles of the law that inter alia regulates foreign investment. The decree amends the list of activities subject to review for foreign investors equipment, services [...]

France

France

01 Oct 2013

Introduces fines for firms that close factories deemed economically viable

The French Parliament passed a bill imposing penalties on companies that shut down operations deemed economically viable. The law requires firms with more than 1,000 employees to prove that they have exhausted options for selling a [...]

France

France

01 Jan 2013

Establishes new public investment bank

France set up a public investment bank (“Banque Publique d’Investissement”). The new institution will focus on the support of small- and medium-sized enterprises; it will also promote innovation and export. [...]

France

France

09 May 2012

France softened the regulation on the prior authorization of foreign investments

On 9 May 2012, the decree n°2012-691 of 7 May 2012 on foreign investments subject to prior authorisation entered into effect. The decree further specifies the scope of the sectors in which foreign investment is subject to prior authorisation [...]

France

France

01 Jan 2010

New transfer pricing documentation requirements

The Finance Act for 2009 introduces new French transfer pricing documentation requirements concerning large corporations located in France (i.e. annual turnover or amount of gross assets exceeding € 400 million). In respect with this [...]

Number of policy measures per economy (since 01 Jan 2010) 1 94