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 by the screening regime and covered activities, as well as procedural aspects of FDI screening. Additional guidance is provided for how the control test, assets test, and threshold test are conducted. These clarifications seek to increase transparency for foreign investors on applicable FDI screening rules.

• Type:

  • Entry and establishment (Approval and admission)
  • Entry and establishment (Approval and admission)
  • Promotion and facilitation (Investment facilitation )
  • Promotion and facilitation (Investment facilitation )

• Industry:

  • Not industry specific

• Sources:

  • Ministere de l’Economie, des Finances et de la Souveraineté industrielle et numérique, Publication des lignes directrices relatives au contrôle des investissements étrangers en France, https://www.tresor.economie.gouv.fr/Articles/2022/09/08/publication-des-lignes-directrices-relatives-au-controle-des-investissements-etrangers-en-france, 08 Sep 2022
  • Skadden.com, France Issues Guidelines on Foreign Investment Control Regime, https://www.skadden.com/insights/publications/2022/11/france-issues-guidelines, 14 Nov 2022