The interior ministry said Friday Dieudonne M'Bala M'Bala was no longer funny and was using his act to stir up trouble.
The ministry's written statement said the comic, known on stage as Dieudonne, was "increasing the risk of a disturbance to the public order."
Radio France Internationale said Dieudonne performs to packed houses at a Paris theater he owns. He ran unsuccessfully as a candidate for the Anti-Zionist Party in the 2012 general elections.
Dieudonne faces a fine for an anti-Semitic video posted on the Internet. He is expected to be sued by RFI for publicly warning one of its reporters, Patrick Cohen, he would have to leave France "if the wind changes."