1.Companies liable to the IS (Impôt sur les société/ Corporate Tax) Liable as of right: Regardless of their purpose, they fall under the IS in particular: Public limited companies (SA) and simplified joint stock companies (including SASU). Limited liability companies (LLCs), except for the option of family LLCs for IR. Limited partnerships limited by shares […]
1.Taxation of profit on behalf of the operator Progressive RSI (Régime simplifié d’imposition) scale: In the absence of its own legal personality, the sole proprietorship and its operator form a whole. The company’s profits are included on the return and are taxed, under a single classification on the progressive income tax scale, with the other […]
Companies taxed on the basis of their actual profits may, on an optional basis, benefit from a tax credit for research expenses incurred in France and abroad. An innovation Research Tax Credit (RTC) is also granted to Small to Medium size enterprise (SMEs) that incur innovation expenses. Companies impacted Operations subjected Eligible expenses Resubmission for […]
1.The recovery of a VAT credit can be monthly, quarterly or annual regardless of the tax system. All taxpayers must upload their refund request regardless of the amount of their turnover. Form 3519 normally accompanies the VAT return. However, it may be submitted later, at the latest on 31 December of the second year following […]
In the event of temporary and exceptional or punctual difficulties, the taxpayer may request additional payment delays. Some are automatically granted. 1.With regard to income tax Non-automatic payment terms: Taxpayers who encounter temporary, exceptional and unforeseeable difficulties in paying their taxes on time may request additional payment terms. Their granting is at the discretion […]
In the event of an increase, tax returns must be filed before certain dates. Delays are often granted by the tax authorities. 1. Annual declarations for Filing tax returns
Under certain conditions, individual operators do not have to charge VAT on the transactions they carry out. 1.Deductible under ordinary law Limiting turnover: The VAT-based exemption applies in 2024 to companies whose turnover excluding VAT in France in 2023 does not exceed: – 91 900 € for supplies of goods, sales to be consumed on […]
A company must have an address for registration purposes for Legal Domicile. Under certain conditions, it may be the residence of its manager. 1. A fundamental distinction for Legal Domicile: Being allowed to domicile the company in the manager’s living quarters merely means that the administrative address of the company can be fixed at that […]
Certain amounts invested by the company for the training of executives are eligible for a tax credit. 1.Companies concerned The tax credit is reserved for industrial, commercial, craft, craft, liberal or agricultural companies that are subject to IR (Impôt sur le Revenu/ Income tax) or IS (Impot sur les société/ Corporate tax) under an actual […]
Taxation system’s every plan has its own reporting obligations. 1. Micro-régime scheme Annual turnover limit: Except in the case of exclusions linked to certain activities, the microenterprise scheme automatically applies to companies whose turnover excluding VAT, adjusted pro rata if necessary, does not exceed certain limits. Since the 2024 income tax, these thresholds have been […]
