No minimum contribution

No minimum contribution

Approval of transfers to third parties required

Transfer of shares: statutory amendment and transfer deed

Approval according to the articles of association

Transfer of shares: movement order + Cerfa

If EURL with a natural person partner: IR unless option for IS

Principle :

Application of the flat-rate non-discharge levy (12.8%) + social security contributions paid by the company:

(1) 17.2% on the portion below 10% of the share capital

(2) On average 45% on the portion exceeding 10% of the share capital

Option: Progressive tax scale

Non-majority manager: Flat tax of 30% or progressive tax scale

Flat tax of 30% (application of the 12.8% non-liberal flat-rate levy + 17.2% social security levy, the amount of which is paid by the partner)

Option: Progressive tax scale

Majority manager :

Remuneration taxed in the category provided for in article 62 of the CGI)

Non-majority manager :

Remuneration taxed, in principle, in the category of salaries and wages (IR)

Company :

Remuneration deductible from the company’s results

Remuneration for management functions: Taxed as salaries and wages (IR)

Company :

Remuneration deductible from the company’s results

If he/she receives remuneration, then the employee regime is applied (general social security regime)

Majority manager: Social security for the self-employed (SSI) even if he does not receive remuneration

General social security regime, status of assimilated employees

President of SAS without remuneration :

No scheme, coverage only if engaged in another activity.

Mandatory supplementary pension scheme for employees (AGIRC-ARRCO)

Non-majority manager :

Self-employed persons’ scheme

Supplementary pension scheme for employees (AGIRC-ARRCO)