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ARTICLE · 24 SEPTEMBER 2025

Foreign Investment Screening Regime In Ireland

Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

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Following the enactment of the Screening of Third Country Transactions Act 2023 (the Act) on 31 October 2023, which commenced operation on 6 January 2025...

IrelandGovernment, Public Sector

Following the enactment of the Screening of Third Country Transactions Act 2023 (the Act) on 31 October 2023, which commenced operation on 6 January 2025, the Minister of the Department of Enterprise, Trade and Employment (the Minister) (the Department) will be responsible for screening foreign direct investment in Ireland, which may present risks to Ireland's state security and/or public order.

Investments Captured Under the New Regime

The Act is focused on mergers and acquisitions in Ireland that involve Foreign Investors (which are those based outside the European Economic Area and Switzerland, seeking to invest in Ireland) and connected persons, as defined in section 220 of the Companies Act 2014 (Foreign Investors),

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