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ARTICLE · 05 AUGUST 2025

Changes To Foreign Investment Control In Poland Signal A Shift In Approach

A&O Shearman
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On July 24, 2025, amendments to Poland's investment control regime entered into force. Notably, the temporary foreign direct investment (FDI) provisions introduced in response to the COVID-19 pandemic in 2020 have now become permanent.

PolandAntitrust/Competition Law
Marta Sendrowicz
Marta Sendrowicz
Agnieszka Kolasinska
Agnieszka Kolasinska
Aleksander Braksator
Aleksander Braksator
Jan Chmielewski
Jan Chmielewski
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On July 24, 2025, amendments to Poland's investment control regime entered into force. Notably, the temporary foreign direct investment (FDI) provisions introduced in response to the COVID-19 pandemic in 2020 have now become permanent. While the criteria for filing obligations remain unchanged, the authority responsible for reviewing FDI filings has shifted from the president of the Polish Competition Authority (PCA) to the minister responsible for economic affairs (currently, the minister of finance and economy).

Dual framework for investment screening in Poland

Poland operates two parallel investment screening regimes: (i) one concerning so-called "protected entities," which applies to all investors regardless of their nationality, and (ii) the FDI screening regime, which protects Polish companies from "strategic" sectors against takeovers by foreign investors.

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