Multi-jurisdictional foreign direct investment (FDI) control grid

Published by a ��Ƶ Competition expert

Practice notes

Multi-jurisdictional foreign direct investment (FDI) control grid

Published by a ��Ƶ Competition expert

Practice notes

This grid summarises when foreign direct investment (FDI) filings may be required in selected jurisdictions in the world, and also indicates whether such filings are mandatory and whether closing should be suspended pending clearance.

Note—more jurisdictions will be added in due course, and further information on each regime will also be summarised in due course.

Jurisdiction	Thresholds for FDI review for acquisitions involving ‘foreign’ Investors or purchasers	Mandatory or suspensory regime?	Deadline for investigation	Penalties for failing to notify/closing before clearance (where regime is suspensory)
Angola	No thresholds; rather, all Investments are subject to the PIL, except: (i) those owned by the Angolan state, and (ii) to those involving certain economic sectors governed by special legislation NOTE: • investments may be subject to: (i) the ‘special regime’ (which applies to certain Activity/developments sectors), and (ii) the ‘contractual regime’ (which deals with the tax treatment of investments made with the Angolan government)	Notification is voluntary	No deadline (as voluntary regime) However, if notified, 5 days (although, in practice, 15/30 days)	Penalties can be imposed and investments declared void
Argentina

Jurisdiction(s):

United Kingdom

Key definition:

Investors definition

What does Investors mean?

The investors in a equity'>private equity fund, who will be mainly institutional investors. Typical investors will include pension funds, sovereign wealth funds, funds of funds and university endowments although high net worth individuals and family offices may also invest. The investors will be the limited partners in a limited partnership fund.

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