France – Foreign Investment Screening

France – Foreign Investment Screening

On 30 December 2020, FR GVT issued decree 2020-1729 amending decree 2020-892 of 22 July 2020, regarding on French companies that are subject to foreign investment.

  • This applies to all investments in France, made in French companies whose shares are able to be freely traded on a regulated market, by any investors from third countries.
  • This extends a measure to lower threshold for acquisition of voting rights from 25% to 10% where this triggers control of French companies, carrying out sensitive activities.
  • This measure enters into force on the day after its publication, on 31 December 2020.