The news, revealed by the French press, comes after France joined the UK and US in launching military strikes on targets in Syria in response to a suspected deadly gas attack on the rebel-held Damascus suburb of Douma.
Assad was was made a knight of the Legion d'Honneur (Legion of Honour), the country's highest award, in 2001 by former French president Jacques Chirac.
But the Syrian President isn't the only honoured person who is looking to lose the award.
In October 2017, the French government revealed it had also started the process to strip the award from Hollywood movie mogul Harvey Weinstein after a wave of allegations by women accusing him of sexual harassment, groping and rape.
French President Emmanuel Macron's office has said it plans to conduct a review of how the honour is awarded.