The basic pension scheme for self-employed managers is quite similar to that of the general scheme for employees. The one of liberal professionals obeys very specific rules. 1.Contribute for the basic pension Employee executives Craftsmen, industrialists and traders Liberal professionals Pension amount For employees, craftsmen and traders A pension in points for the Liberals Compulsory […]
Essential interest is to enable the dismissed manager to receive unemployment benefit. However, the conditions for having dual status should be satisfied. Practical interest of cumulation Meet three conditions Distinct functions A specific remuneration Subordinate functions Preliminary questioning of the France Travail Regulated agreement Option to Consult France Travail Practical interest of dual status of […]
By virtue of his status, the manager is entitled to benefits under the self-employed workers’ scheme or the general scheme for employees. The essential difference between these two regimes is that the self-employed retain a certain margin of manoeuvre to build their own tailor-made protection and engage in trade-offs between risk and cost, while the […]
1. Executive Officer Compensation Decision-Making Sole Proprietorships: Flexibility in salary and withdrawals Corporate Entities: Limited Liability Company (LLC) Single-Member LLC (EURL) Simplified Joint Stock Company (SAS/SASU) 2. Employee Status and Benefits Conditions for managers to be treated as employees Eligibility for unemployment benefits and requirement for an employment contract 3. Dividends and Profit Distribution Rights […]
We will talk in this article about the different legal status for the manager then the rights if the entrepreneur. The status of the entrepreneur is determined by two elements. (rights of the entrepreneur): First criterion: The form of exploitation (does it operate alone or in a company?). Second criterion: The activity for the self-employed, […]
VAT declarations and payment. Presently, two reporting regimes are in place. Each one has a specific method of payment of VAT. 1.Regime Réel Normal Monthly returns and payments: The normal real regime (régime réel normal) automatically applies to companies whose turnover for the previous year exceeds €840,000 for housing sales and supplies and €254,000 […]
All transactions are not necessarily subject to VAT. Certain are optional, others are definitively excluded from its scope. 1.Transactions subject to VAT Supplies of goods: The supply of goods is the transfer of the power to dispose of tangible movable property as an owner. The most common transaction for the supply of goods is the […]
The territoriality rules make it possible to determine whether a transaction is subject to VAT in France or not. 1. Main Principle of territoriality A transaction carried out in France is liable to French VAT. In the contrary case, it would be exempt from the territorial scope of French VAT and would be subject to […]
The Microenterprise Scheme is a reduced tax regime reserved for sole proprietors and certain limited liability companies. 1.Three conditions to benefit from this scheme A sole trader or certain limited liability companies: The microenterprise scheme concerns primarily individual operators, including those who have adopted the status of EIRL. The micro plans are also open […]
Taxation of partnership profits applies to partnerships whose profits are subject to the IR (Impôt sur le Revenu) French Income tax, unless there is an option for the IS (Incorporation Tax) 1. Companies concerned Liable as of right: in particular, they are automatically subject to the tax system for partnerships: General partnerships. Civil companies (except […]
