Biochar has been widely used in soil amendment and environmental remediation. Polycyclic aromatic hydrocarbons (PAHs) could be produced in preparation of biochar, which may pose potential risks to the environment and human health. At present, most studies focus on the ecotoxicity potential of biochar, while there are few systematic reviews on the formation mechanisms and mitigation strategies of PAHs in biochar. Therefore, a systematical understanding of the distribution, formation mechanisms, risk assessment, and degradation approaches of PAHs in biochar is highly needed. In this paper, the distribution and content of the total and bioavailable PAHs in biochar are reviewed. Then the formation mechanisms, influencing factors, and potential risk assessment of PAHs in biochar are systematically explored. After that, the effective strategies to alleviate PAHs in biochar are summarized. Finally, suggestions and perspectives for future studies are proposed. This review provides a guide for reducing the formation of biochar-associated PAHs and their toxicity, which is beneficial for the development and large-scale safe use of environmentally friendly biochar.