Austria: Changes to FDI screening regime introduced

Progress

Current status

in force

25 Jul 2020 in force

24 Jul 2020 under deliberation

Scope

Implementers

Austria

Policy Area

Foreign direct investment

Policy Instrument

MNE: Entry and ownership rule

Regulated Economic Activity

infrastructure provider: network hardware and equipment

Government Branch

legislature

Government Body

parliament

Implementation Level

national

Timeline of events

25 Jul 2020

in force

Adoption of a new Investment Control Act

Austrian authorities adopted the new Investment Control Act with a lower threshold for acquisitions in sensitive sectors, more screening possibilities for indirect acquisitions as well as more precise definitions of the sectors which fall under the …

Source

Event type law

Action type implementation

Government branch legislature

Government body parliament

24 Jul 2020

under deliberation

Announcement of a new Investment Control Act

In July 2020, Austrian authorities announced a new Investment Control Act which widened the scope of the existing FDI screening regime and introduced an exemption for small and micro-enterprises.