diff --git a/packages/components/tooltip/README.mdx b/packages/components/tooltip/README.mdx
index 993634be9a..e53d41f635 100644
--- a/packages/components/tooltip/README.mdx
+++ b/packages/components/tooltip/README.mdx
@@ -50,3 +50,5 @@ import { Tooltip } from '@contentful/f36-tooltip';
   <TextLink>Hover me</TextLink>
 </Tooltip>
 ```
+
+- When using `ReactElement` as the content, it's recommended to use the `ScreenReaderOnly` component when displaying critical information.
diff --git a/packages/components/tooltip/src/Tooltip.test.tsx b/packages/components/tooltip/src/Tooltip.test.tsx
index 461770ada0..7b3b1b89ff 100644
--- a/packages/components/tooltip/src/Tooltip.test.tsx
+++ b/packages/components/tooltip/src/Tooltip.test.tsx
@@ -4,6 +4,7 @@ import userEvent from '@testing-library/user-event';
 import { axe } from '@/scripts/test/axeHelper';
 
 import { Tooltip } from './Tooltip';
+import { Paragraph } from '@contentful/f36-typography';
 
 jest.mock('@contentful/f36-core', () => {
   const actual = jest.requireActual('@contentful/f36-core');
@@ -126,4 +127,26 @@ describe('Tooltip', () => {
 
     expect(results).toHaveNoViolations();
   });
+
+  it('render a React Element as children', async () => {
+    const user = userEvent.setup();
+
+    const { container } = render(
+      <Tooltip
+        label="With React Element"
+        id="Tooltip"
+        content={<Paragraph>Ich bin ein Paragraph</Paragraph>}
+      >
+        <span>Hover me</span>
+      </Tooltip>,
+    );
+    await user.hover(screen.getByText('Hover me'));
+
+    const results = await axe(container);
+
+    expect(results).toHaveNoViolations();
+    expect(screen.getByRole('tooltip').textContent).toBe(
+      'Ich bin ein Paragraph',
+    );
+  });
 });
diff --git a/packages/components/tooltip/src/Tooltip.tsx b/packages/components/tooltip/src/Tooltip.tsx
index 2cfd3704cb..090c890ec4 100644
--- a/packages/components/tooltip/src/Tooltip.tsx
+++ b/packages/components/tooltip/src/Tooltip.tsx
@@ -18,6 +18,28 @@ import { getStyles } from './Tooltip.styles';
 
 export type TooltipPlacement = Placement;
 
+type TextContentTooltip = {
+  /**
+   * Content of the tooltip
+   */
+  content?: string;
+  /**
+   * Accesible label property, only required when using ReactElement as content
+   */
+  label?: string;
+};
+
+type RichContentTooltip = {
+  /**
+   * Content of the tooltip
+   */
+  content?: React.ReactElement;
+  /**
+   * Accesible label property, only required when using ReactElement as content
+   */
+  label: string;
+};
+
 export interface TooltipProps extends CommonProps {
   /**
    * Child nodes to be rendered in the component and that will show the tooltip when they are hovered
@@ -27,10 +49,6 @@ export interface TooltipProps extends CommonProps {
    * HTML element used to wrap the target of the tooltip
    */
   as?: React.ElementType;
-  /**
-   * Content of the tooltip
-   */
-  content?: string;
   /**
    * A unique id of the tooltip
    */
@@ -101,6 +119,7 @@ export const Tooltip = ({
   className,
   as: HtmlTag = 'span',
   content,
+  label,
   id,
   isVisible = false,
   hideDelay = 0,
@@ -117,7 +136,7 @@ export const Tooltip = ({
   usePortal = false,
   isDisabled = false,
   ...otherProps
-}: TooltipProps) => {
+}: TooltipProps & (TextContentTooltip | RichContentTooltip)) => {
   const styles = getStyles();
   const [show, setShow] = useState(isVisible);
   const tooltipId = useId(id, 'tooltip');
@@ -210,7 +229,7 @@ export const Tooltip = ({
       }}
       {...attributes.popper}
     >
-      <span>{content}</span>
+      <span aria-label={label}>{content}</span>
       <span
         className={styles.tooltipArrow}
         data-placement={
diff --git a/packages/components/tooltip/stories/Tooltip.stories.tsx b/packages/components/tooltip/stories/Tooltip.stories.tsx
index 301dc98bcb..ba1eb70612 100644
--- a/packages/components/tooltip/stories/Tooltip.stories.tsx
+++ b/packages/components/tooltip/stories/Tooltip.stories.tsx
@@ -3,6 +3,7 @@ import { SectionHeading } from '@contentful/f36-typography';
 import { Tooltip } from '../src/Tooltip';
 import { TextLink } from '@contentful/f36-text-link';
 import { Flex } from '@contentful/f36-core';
+import { css } from 'emotion';
 
 export default {
   title: 'Components/Tooltip',
@@ -212,3 +213,28 @@ export const WithDelays = () => {
     </>
   );
 };
+
+export const WithReactElement = () => {
+  return (
+    <>
+      <SectionHeading as="h3" marginBottom="spacingS">
+        With React Elements as children
+      </SectionHeading>
+
+      <Flex marginBottom="spacingS">
+        <Tooltip
+          isVisible
+          hideDelay={60000}
+          label="Render a paragrah with a React Element"
+          content={
+            <Flex>
+              <p className={css({ marginBottom: 0 })}>I'm a React Element</p>
+            </Flex>
+          }
+        >
+          <TextLink href="/">Hover me</TextLink>
+        </Tooltip>
+      </Flex>
+    </>
+  );
+};
diff --git a/packages/forma-36-codemod/transforms/v4-tooltip.js b/packages/forma-36-codemod/transforms/v4-tooltip.js
index 92a3a7feb3..1d12240595 100644
--- a/packages/forma-36-codemod/transforms/v4-tooltip.js
+++ b/packages/forma-36-codemod/transforms/v4-tooltip.js
@@ -1,19 +1,7 @@
 const { modifyPropsCodemod } = require('./common/modify-props-codemod');
-const { hasProperty, getProperty } = require('../utils');
 
 module.exports = modifyPropsCodemod({
   componentName: 'Tooltip',
-  beforeRename: (attributes) => {
-    if (
-      hasProperty(attributes, { propertyName: 'content' }) &&
-      typeof getProperty(attributes, { propertyName: 'content' } !== 'string')
-    ) {
-      console.error(
-        'Value of property "content" on Tooltip component should be a string.',
-      );
-    }
-    return attributes;
-  },
   renameMap: {
     place: 'placement',
     containerElement: 'as',