I’m self-employed. What type of company should I set up in France?

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Some of the most common questions we get asked at Maupard are; what are the company structures in France? What are the pros and cons of each one? Which one is right for my business?

There are many different options and lots of things to consider. In this article, we’ll explain the main characteristics of each company structure, which to choose, and why.

Before you set up your business in France, you first need to make sure you are eligible to do so. This means having the right visa to come and work in France. For incoming investors from the European Union, (and for countries like Switzerland), you do not need a permit to live or work in France. However, if you are coming from outside the EU, whether it be from the United States, Australia or any other country, you will have to first check your visa requirements with your consulate or embassy.

Ultimate Beneficiary Declaration: To trust is to know

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After the scandals of the early 2000’s, and to prevent money laundering, a KYC (meaning “Know Your Customer”) procedure became mandatory in many countries, including France, the UK and the USA.

KYC applies to all participants of the financial services industry, from banks to accountants and auditors. Before any engagement, the professional must conduct appropriate research into the client’s background: where the funds come from, and who is the ultimate beneficiary of the transaction/company proceeds, etc.

The ‘Loi Sapin II’ of 9th December 2016 lead to the creation of the Ultimate Beneficiaries Register, bringing in new rules for declaring Ultimate Beneficiaries.

JEI tax exemption: Let France offer you a bouquet of flowers

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Are you a young start-up, developer, or small business? Looking for a place where you can launch your business and begin creating the future? Perhaps you’ve already started your firm and you’re looking for a place to set up your R&D activities?

Look no further than France. Let us welcome you with the fragrant bouquet of flowers that is a combination of tax cuts, social contribution exemptions (JEI status) and one of Europe’s most attractive R&D tax credits.

The Inpat Scheme

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France is well known for its strict tax rules. This can often discourage international businessmen and women from coming to live here, especially company managers and other high earning-employees.
However, did you know that there’s a special tax regime for international businessmen and women? In fact, the “régime d’impatriation” (or “inpats” scheme, as opposed to “expats”) is precisely aimed at encouraging international-scale managers to come to France and develop French firms.