Entries by escec

Accountants: How They Support Your Business in France

Running a business involves more than delivering great products or services—it requires solid financial management. Many small business owners in France struggle with bookkeeping, tax compliance, and financial planning, risking errors and lost revenue. Professional accountants provide the expertise needed to navigate these challenges, ensuring accurate records, compliance, and informed decision-making. What Accountants Do Accountants […]

Find Top Chartered Accountants Near You | Expert Advice

Managing finances can be challenging for both business owners and individuals. Sarah, a bakery owner, struggles to keep up with French tax regulations while running her business. John, a young professional, is unsure how to optimize his investments and plan for his financial future. These scenarios are common, highlighting the importance of professional guidance. What […]

Why You Should Never Rely on ChatGPT for Tax Advice

Artificial intelligence is now widely used, and many people rely on ChatGPT for quick explanations. While AI is a useful tool for drafting emails, summarising documents, or clarifying general concepts, it remains highlyunreliable for tax calculations and legal interpretation.  A recent real-life example involving the French IFI (Impôt sur la Fortune Immobilière) illustrates why depending […]

CPA for Audit: Expert Financial Audit Services

Ensuring the accuracy and reliability of your financial statements is essential for business success in France. At ESCEC International, we provide expert financial audit services designed to help companies, nonprofits, and organizations maintain financial integrity, comply with regulations, and build trust with investors and stakeholders. What Is a Financial Audit? A financial audit is an independent […]

CPA Audit: What It Is & Why Your Business Needs One

Financial transparency is essential for any business operating in France. Companies with reliable financial reporting attract more investors, secure financing more easily, and reduce the risk of tax or legal issues. In France, the equivalent of a CPA audit is the statutory audit (commissariat aux comptes – CAC). Even when not legally required, many companies […]

LMNP Taxation: Complete Guide to the Non-Professional Furnished Rental Regime in France

The Non-Professional Furnished Rental status (LMNP) offers highly attractive tax benefits for property owners. This regime allows you to deduct far more expenses than the traditional rental income (revenus fonciers) system applicable to unfurnished rentals, mainly thanks to property depreciation. Before you start, it’s essential to understand the rules that govern the LMNP status, its […]

Investing in Furnished Rentals: Understanding the LMNP Status

If you are planning to invest in a furnished rental property, the French Non-Professional Furnished Rental status (LMNP) remains one of the most appealing frameworks available to private landlords in 2025. It is simple to implement and offers highly favorable tax treatment—especially when choosing the real tax regime with depreciation. However, you must ensure your […]

Taxes Foncières in France: Maximize Your Property Tax Benefits

La taxe foncière is one of the main local taxes paid each year by property owners in France. It includes: Taxe Foncière sur les Propriétés Bâties (TFPB) → houses, apartments, commercial buildings Taxe Foncière sur les Propriétés Non Bâties (TFPNB) → land, agricultural plots, undeveloped property The tax is owed by anyone who owns the […]

Consultants Tax in France: A Complete Guide

Navigating taxes as a consultant in France means understanding your tax regime, social contributions, allowable deductions, and declaration obligations. Consultants are considered travailleurs indépendants, which means they must manage both income tax (IR) and social charges (Urssaf). Introduction Being a consultant in France comes with specific tax obligations:✔ choosing the right legal and tax regime,✔ […]

Starting a Business in France: A Complete Guide for Entrepreneurs

France is widely recognized for its vibrant economy, skilled workforce, and strong support for entrepreneurship. Whether you are a local resident or an international entrepreneur, starting a business in France offers many opportunities—but it also comes with legal, financial, and administrative considerations that need careful planning. This guide will walk you through the key steps […]