Poland to tightly regulate major acquisitions by non-EEA entities – August 2021

The new law aims at combating the effects of the COVID-19 pandemic and introduces new rules applicable to the control of foreign direct investments leading to an acquisition of control or a qualifying holding in a protected entity by buyers from outside of the EEA and OECD.

The new law entered into force on July 24, 2020, and the new rules are applicable to transactions not completed before their entry into force (which means that all preliminary/conditional transactions with an expected completion date after the new law enters into force will be analyzed in light of the new clearance obligations). The new rules are set to expire after 24 months following the effective date of the new law.


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